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A Process, Not a Product
According to Geoffrey Ward, National Director of the MetLife Pension Resource Center, the retirement plan advisory business has transformed from one that sells products to one that takes on...
Where Everybody Knows Your Name
A Stanford University study reveals that 45% of the top 185 U.S. Web sites transmit identifying details about their visitors to at least four other sites.
BofA Adding Advisers to Northwest Region
Bank of America is hiring more than 80 Merrill Edge Financial Solutions Advisors (FSAs) across the metro Northwest region, including San Francisco, San Jose, Sacramento, and Las Vegas.
Pensionmark Expands Network of Retirement Advisers
Pensionmark Retirement Group announced the addition of four regional firms to its network of retirement advisers.
RPAG Introduces Video-Based Training Site
Retirement Plan Advisory Group (RPAG), a retirement plan practice management firm, has developed training videos for its adviser members.
JHFN to Offer Advisers Retirement Income Program
John Hancock Financial Network (JHFN) is planning to launch a retirement income program for its advisers, called Retirement Ready.
It’s All in the Stars… If You Believe That Sort of Thing
A recent study from CareerBuilder examines patterns in career paths and how they align with astrological signs and birth order.
DoL Claims Nearly $2M Withdrawn Illegally from Plan
The U.S. Department of Labor has filed a complaint in federal court against A.B.D. Tank & Pump Co. and Keith Davis, its president and owner, to restore more...
Investors Losing Confidence; Blame Weak Economy and Divided Politics
Investor optimism has plummeted according to Wells Fargo/Gallup poll, which found two in three investors are feeling a loss of control in their efforts to build their savings.
PSCA Releases Results of Annual Survey of 401(k) Plans
The Profit Sharing/401k Council of America found that of the 820 companies that participated in the survey, less than half have an automatic enrollment feature.
RSG Announces Merger with RWC
Retirement Solution Group (RSG) announced that the firm will be merging with RWC Pensions.
ASPPA Launches Association For Plan Advisers
The American Society of Pension Professionals & Actuaries (ASPPA) announced the launch of The National Association of Plan Advisors (NAPA).
Don’t Worry, We’re in Good Hands…
Research from a Swiss university has found that bank traders are more prone to risky and manipulative behavior than diagnosed psychopaths.
MassMutual Appoints National Sales Leader
MassMutual's Retirement Services Division has selected Shefali Desai to be National Sales Leader of Emerging Markets.
Lack of Document Distribution Lands Employer in Hot Water
A federal appellate court has determined that employer Houston Poly Bag I, Ltd., failed to act in a participant’s best interest by withholding profit sharing plan documents and...
White Paper Discusses the “Myth of GIPS”
Albridge Solutions, an affiliate of Pershing LLC, a BNY Mellon company, has published a white paper highlighting the common misconceptions associated with the Global Investment Performance Standards (GIPS)....
New York Life Realigns Sponsor Segments
New York Life Retirement Plan Services is rolling out a new service model that organizes service teams into core industry practices.
The Fraser Group Joins RBG
George Fraser, head of The Fraser Group at Morgan Stanley Smith Barney, and Fraser Group advisers, Frederic Amberg and Troy Haugen, are joining LPL’s Retirement Benefits Group (RBG). ...
Appellate Court Rejects Another Revenue-Sharing Case
Another plan sponsor has prevailed in a revenue-sharing case – and at the appellate court level.
IMHO: “Better” Business
There was another judicial decision in another revenue-sharing case earlier this month—and another victory for a plan sponsor.