Search results for: SCO
Benefits and Methods of Client Segmentation
Charles Schwab issued a report today that examines how independent registered investment adviser (RIA) firms can benefit from segmenting their client base and offers strategies on how to...
Some SunTrust Stock Drop Claims Thrown Out
A federal judge in Georgia rejected claims SunTrust Banks breached its fiduciary duty by keeping company stock as an investment option in its 401(k) plan after it was...
Speeding Ticket
A study released this month provides evidence to what many drivers already suspected–the model of your car likely impacts your chances of getting a speeding ticket.
SEC Working to Improve Complaint Handling
The Securities and Exchange Commission is working to have new technology to handle tips and complaints in place by the end of the year.
Cash Balance Plaintiff to get Attorney’s Fees
A federal judge in Illinois ruled that a participant in the Verizon Communications cash balance plan is entitled to attorney’s fees for her long-running legal battle even though...
Flight Delays Cost Passengers Billions
The Federal Aviation Association (FAA) heard from researchers this week claiming that airline passengers lose $16.7 billion annually due to flight delays.
Still River Offers Retirement Planning Tool to NEA Members
Still River announced that its new software is being offered at a discount to NEA (National Education Association) members who are approaching retirement or who are already retired.
Forward Management Adds to Sales Force
Forward Management, LLC hired Victor Melinauskas as Regional Sales Director for the Pacific Northwest Territory.
RIA in a Box Offering E&O Insurance
RIA in a Box, a registered investment adviser (RIA) consultancy firm, has partnered with Lloyds of London and the North American Professional Liability Insurance Agency (NAPLIA) to provide errors...
Diversions: Use it or Lose it
In a recently released study called, “Mental Retirement,” researchers found a link between the age at which a population retires and the population’s cognitive skills capacity.
ASPPA Demands 403(b) Form 5500 Extension
With a Friday filing deadline looming, a retirement services trade group has asked for more time for 403(b) sponsors to file the Form 5500.
BrightScope Unveils "BrightScope Beacon"
BrightScope announced the launch of BrightScope Beacon, a fund-focused analytics software product designed to help defined contribution investment-only firms better understand the distribution of their funds within 401(k)...
Anthem Financial Services Hires Managing Partner
Tom Sokira joins northern New Jersey-based Anthem Financial Services' defined contribution consulting practice as managing partner.
Invesco to Shutter Ten ETFs
Invesco PowerShares Capital Management LLC has decided to close ten of its exchange-traded funds (ETFs).
Auto Features Seen as Key to Retirement Saving Success
A new study finds that auto-enrollment and auto-contribution escalation in 401(k) plans can result in a big improvement in retirement savings, depending on how they're implemented.
DC to DB Transfer Elimination Upheld
A federal appellate court has agreed with a lower court judge that an employer was allowed to drop an option allowing participants to move defined contribution plan assets...
Deer Not as Dainty as They Look
USAA auto insurance claims records show that animal-auto collisions are on the rise and warn drivers that most accidents occur in the fall.
DoL Urges Unisys Fee Case Reversal
A federal judge in Pennsylvania made a mistake when he threw out a 401(k) excessive fee case against Unisys Corporation and Fidelity Management Trust Company, the Department of...
ASPPA and CEFEX Enhance Certification Program
The American Society of Pension Professionals & Actuaries (ASPPA) and the Centre for Fiduciary Excellence (CEFEX) have announced changes to their service provider certification program.
Decision Stands in Nestle Purina Case
The U.S. Supreme Court denied a request by Nestlé Purina Petcare Co. to review an 8th U.S. Circuit Court of Appeals decision that the company cannot deduct from...