Search results for: SCO
America’s Favorite College Basketball Teams
Only two of America’s 10 favorite college basketball teams made it to the Final Four.
Dow Jones Introduces Successor to Dow Jones Wilshire Indexes
Dow Jones Indexes has introduced the Dow Jones Total Stock Market Indexes, which will serve as its primary global benchmark family.
Young Adults Want More Financial Advice at Work
The youngest members of the workforce would like more education and guidance about finances at work, according to a survey by Charles Schwab
Mercer-Callan Deal Abruptly Called Off
Six weeks after announcing Mercer would acquire Callan Associates to form one of the largest investment consulting operations, the two firms announced Monday that the deal was off.
Barclays to Wrap Up iShares Bidding
Private equity consortiums pursuing Barclays' iShares investment unit have until Sunday to submit binding bids, unnamed sources told Reuters.
MassMutual Expands Sales Team
MassMutual has announced the addition of two sales managers for its defined contribution and Taft-Hartley business segments.
IMHO: The Mean-ing of Average
As if retirement savers didn’t have enough problems, last week Fidelity Investments reminded us how much money we’re going to need for health care.
JPMorgan Chase Stops Match
JPMorgan Chase&Co. said it will stop matching 401(k) contributions for its roughly 200,000 workers worldwide, the Dayton Business Journal reports.
TIAA-CREF Steps Up Efforts in Sudan Divestment
TIAA-CREF said it plans to intensify pressure on target companies that maintain business relations with the Sudanese government, and will divest from companies that fail to take meaningful...
Putnam Launches New DC Platform
Putnam Investments unveiled a new defined contribution platform for advisers and their plan sponsor clients.
Morgan Stanley Fined $7M for Broker Rollover Misconduct
The Financial Industry Regulatory Authority (FINRA) said it fined Morgan Stanley&Co. for failing to prevent brokers from violating FINRA rules for IRA rollovers/retirement accounts.
Gen X Most Financially Stressed, According to Scottrade
The number of Generation Xers (ages 27 to 42) who are unprepared for retirement is dramatically on the rise, according to a study commissioned by Scottrade.
Delphi Fiduciary Breach Suits against State Street Dismissed
A federal judge ruled that State Street Bank and Trust Co. was acting within its scope as a directed 401(k) trustee in its 1985 Delphi Corp. stock sales...
Hennessy Launches First in "Select Series" of Funds
Hennessy Advisors, Inc., acquired the assets related to the management of the Tamarack Large Cap Growth Fund and the Tamarack Value Fund, the company said.
Study Finds Employer-Worker Disconnect about Advice
Plan sponsors and employees see some retirement concerns differently—including access to financial advice, a new study by MetLife suggested.
IMHO: Business as Usual
Like many, perhaps most, Americans I have viewed the unraveling “Bonusgate″ scandal with a mixture of disgust and incredulity.
IMHO: Business as Usual
Like many, perhaps most, Americans, I have viewed the unraveling “Bonusgate″ scandal with a mixture of disgust and incredulity.
Investment Advice Rule Implementation Delayed
The U.S. Department of Labor (DoL) has delayed the effective date of its final rules about providing retirement plan participant investment advice.
Great-West Launches Retiree Web Site
Great-West Retirement Services launched an interactive Web site geared specifically toward participants nearing or in retirement.
Wis. TPA Hires Sales Consultants
A Wisconsin third-party administrator (TPA) has hired three sales representatives.