Search results for: SCO
Powershares Expands ETF Listings in Mexico
Invesco PowerShares Capital Management LLC is planning to expand its geographic coverage through a series of cross-listings in Mexico.
Majority of Gen Y not Saving for Retirement
The majority (55%) of Gen Yers have not started to save for retirement, and fewer than a quarter (21%) are actively planning for retirement, according to Scottrade.
Workers Even More Worried About Retirement
Working Americans are a lot less confident about their retirement prospects, according to a new report.
Fewer Plans, Greater Assets
LIMRA’s 401(k) Scorecard for Q4 2010 shows sales had both positive and negative results.
Conner Joins USCA as Benefits Consulting Exec
U.S. Capital Advisors (USCA) has hired Lea Conner as a corporate retirement and benefits plan consultant.
Making Social Media Work
A financial industry "insider" and a communications professional "outsider" gave actionable ideas on tackling a social media strategy at the ASPPA 401(k) Summit in Las Vegas.
Analysis of Investor Experience Puts U.S. on Top
Morningstar evaluated markets worldwide and found the U.S. and Singapore as the best for investors.
Wisc. Man Diverted $1.3M from Profit-Sharing Plan
The U.S. Department of Labor (DoL) sued Coin Builders LLC of Wisconsin Rapids and its president, Joseph Kreeger, to restore more than $1.3 million plus interest to the...
Three Firms Join BAN
Benefit Advisors Network (BAN) has accepted three new agencies into its national network of employee benefit brokerage and consulting firms.
Securian Announces Four Promotions
The Securian Financial Group named four executive officer promotions.
Aon Hewitt, Financial Engines Team on Advice
Effective immediately, Aon Hewitt is bringing advice to its 401(k) recordkeeping clients.
The Value Your Services (and Fees) Add
With the growing level of scrutiny surrounding qualified retirement plan fees, the value an adviser adds to a plan needs to be clearly defined.
Great-West Hires Regional Sales Director
Scott T. Waite is the new regional sales director for the metro-Detroit and western Michigan market for Great-West Retirement Services.
Reish & Reicher Realigns
There are some changes afoot at one of the nation’s premier ERISA legal firms.
Fiduciary Policy Should Not “Impede” Common Interactions
Paul Stevens, president of the Investment Company Institute (ICI), presented his organization’s statement to the Department of Labor (DoL).
J.P. Morgan Asks for Clarification on Fiduciary Proposal
J.P. Morgan believes that the proposed regulations to redefine the definition of fiduciary should eliminate unnecessary and subjective standards.
SPARK Urges EBSA to Step Carefully with Fiduciary Rule
Larry H. Goldbrum, General Counsel of The SPARK Institute, said any changes to the definition of fiduciary should not be overly dramatic changes in policy.
ABC Warns against Too Broad a Definition of Fiduciary
The American Benefits Council (ABC) spoke at the Department of Labor’s (DoL) hearing today about its proposed redefinition of fiduciary.
IMHO: Hire Powers
One of the first things you learn in any kind of ERISA primer is that, as a fiduciary, you are expected to conduct yourself either as if...
“Client-Facing Professionals” Most Trusted in Industry
Client-facing professionals (brokers, advisers, agents, and bankers) are the most trusted source of information in the financial services industry, according to a recent survey.