Search results for: SCO
Firms Unveil Target-Date Fund Index
BrightScope, a 401(k) data and analytics firm, and Target Date Analytics LLC, a consulting and research firm, unveiled the BrightScope On Target Index to help measure the risk...
TIAA-CREF Hires Two Business Leaders
TIAA-CREF has appointed Teresa Hassara as senior managing director and head of Institutional Client Services and Kevin Nazworth as vice president and head of the organization's Health Care...
More Participants Increase Savings, Seek Advice
Bank of America Merrill Lynch Retirement & Benefit Plan Services' quarterly report on plan and participant activities within its proprietary 401(k) business found 60% of participants started or...
Court Rejects State Street’s Settlement Do-Over Request
A federal judge in New York has turned away a request by lawyers from State Street Bank & Trust to postpone preliminarily approving an $89.75-million settlement in a...
Invesco Aim Changes Name, Structure of Target-Date Funds
Invesco Aim has made some changes to the firm’s target-date funds.
New Partnership Offers a Solution for Missing Participant Accounts
A new partnership aims to help plan sponsors, their advisers, and third-party administrators to “easily manage the accounts of terminated participants, keep their savings invested in retirement, and...
Prudential “Redefines” Retirement
Prudential Financial has been talking about a new kind of retirement – now the firm has rolled out those ideas as a product design.
Senate Hearing Asks, Are Target-Date Funds Missing the Mark?
This week a Senate committee will once again take up the topic of target-date funds.
Nationwide Announces New Executive Leader Roles
Nationwide Mutual Insurance Company CEO Steve Rasmussen has announced new assignments for several executive leaders across the company.
SEC Charges Promoter, Brokers in ‘Free Lunch’ Scam
We all know that there’s no such thing as a free lunch – a lesson that a group of older investors is now learning the hard...
A Call for Changes in Retirement Policies and Solutions
A new report says that although the trend toward greater individual responsibility for retirement security will undoubtedly continue, there is much that employers, financial institutions, and the government...
Invesco Scoops Up Van Kampen Assets
Invesco Ltd. has entered into a definitive agreement to acquire Morgan Stanley’s retail asset management business, including Van Kampen Investments.
Workers Still Committed to Workplace Retirement Plans
Despite the uncertain market conditions and negative headlines during the past year, most Americans who participate in employer-sponsored defined contribution plans value these plans greatly and have continued...
Online 401(k) Links With 5 More Payroll Providers
The Online 401(k), a San Francisco-based provider of full-service Web-based 401(k) plans for small and single-proprietor businesses, expanded its payroll reach in Q3.
IMHO: “Myth” Information
Recently, Time magazine ran a story called “Why It's Time to Retire the 401(k).”
S&P Outlines Index Changes
Standard & Poor’s will revamp its style indexes later this year by, among other things, dropping one of seven factors traditionally used to determine stock level style scores.
Court Dismisses Company Stock Suit against Harley-Davidson
The U.S. District Court for the Eastern District of Wisconsin has dismissed a lawsuit accusing Harley-Davidson and some of its executives of breaching fiduciary duties by continuing to...
PANC 2009: How to Market to 403(b) Plans
With new 403(b) regulations effective 1/1/2009, sponsors of 403(b) plans are looking for help, creating a great opportunity for retirement plan advisers wanting to grow their business.
PANC 2009: Making Participants Aware of Retirement Income Products
Individual investors buy guaranteed income products for retirement, why not retirement plan participants?
FPA Offers College Cost-Comparison Tool
The Financial Planning Association (FPA) said it unveiled a tool to help financial planners guide families to smart college choices.