Search results for: SCO
Women Gaining Confidence on Retirement Readiness
Women’s confidence in their ability to plan for retirement has reached a three-year high, with 69% of women rating their confidence level as good or very good, according...
Mercer Launches Online Education Tool
Mercer has launched “RetireTALK,” an online retirement planning and education platform for participants in its 401(k) retirement plans.
Court Reinstates Finistar Options Backdating Suit
The 9th U.S. Circuit Court of Appeals has reinstated a lawsuit brought by Finistar shareholders alleging stock options backdating.
IMHO: The Enemy of the Good?
Over the past couple of years 401(k) evaluation service BrightScope has made quite a splash.
Symetra Life Insurance Adds Sales Execs
Symetra Life Insurance Company hired a sales leader for its eastern division and eight additional regional vice presidents to represent the company’s portfolio of annuity and life insurance...
Schwab Reports RIA M&A Activity for Q1 2011
Schwab Advisor Services tracked 23 merger and acquisition deals among registered investment advisers (RIAs) in the first quarter of 2011.
AARP Offers 401(k) Fee Calculator
A free 401(k) fee calculator on AARP’s Web site aims to help investors better understand 401(k) fees and their potential impact on retirement savings.
Russell Develops Tool for Measuring Business Success
Russell Investments launched the Advisor Health Index, a tool that provides financial advisers with a high-level "health" assessment of their practice in comparison to other advisory firms.
Perspective: Better than “Good Enough”
I read with interest about Putnam Investments’ recent success with its online Lifetime Income Analysis Tool—a tool that projects how much income a participant’s savings may generate in...
DoL Urges Reversal in Stock Drop Case
In an amicus brief, the U.S. Department of Labor asked the 9th U.S. Circuit Court of Appeals to reverse a federal district court’s dismissal of a 401(k) stock-drop...
BrightScope Rolls Out Adviser Database
BrightScope’s CEO says there is a need in the marketplace for investors to have more quantitative data when selecting a financial adviser.
Rothschild Asset Management Hires Chief Marketing Officer
Rothschild Asset Management selected Michael Tamasco for the newly created position of Managing Director and Chief Marketing Officer.
IMHO: “Smoke” Signals
Plan sponsors spend a lot of time wondering—and worrying—about the “right” way to do things.
Law Firm Supports Making ESOP Valuators Fiduciaries
The law firm of Lewis, Feinberg, Lee, Renaker & Jackson supports the Department of Labor's (DoL) proposed inclusion of valuators of closely-held employer securities in the definition of...
Lawmakers Introduce Legislation to Promote ESOPs
Congressman Ron Kind (D-Wisconsin) has introduced the "Promotion and Expansion of Private Employee Ownership Act of 2011."
Limited Scope Audits Misunderstood by Some
The 2010 ERISA Advisory Council found that deficiencies in limited scope audits of retirement plans may be due to some misunderstandings.
Group Offers Recommendations for Retirement Plan Audits
The 2010 ERISA Advisory Council found significant problems with retirement plan audit quality, auditor quality, or both.
Appellate Court Rules in Favor of Plaintiff
A U.S. appeals court found that fiduciaries of the bankrupt Rock Island Corporation can be liable for allowing retirement plan participants to select company stock as an investment...
Dow Jones Adds Four Indexes to RBP Family
Dow Jones Indexes announced the addition of four new indexes to its family of Dow Jones RBP Indexes.
Smart401k Partners with vWise on New Advice Offering
Smart401k announced a partnership with vWise, Inc. to bring an education and advice component to employer-sponsored retirement plans.