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ERIC Outlines Suggestions for Reducing Regulatory Burdens
The ERISA Industry Committee (ERIC) urged the Treasury Department to be more responsive to easing the regulatory burden on sponsors of benefit plans in order to ensure that...
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...
GAO: Retirement Shift Creates Disproportionate Benefits
The Government Accountability Office contends that the shift away from defined benefit retirement plans to more defined contribution plans has resulted in disproportionate benefits for American workers.
ASPPA Recommends Streamlining Communications
The American Society of Pension Professionals & Actuaries (ASPPA) has recommended that the Treasury Department simplify the required employee communication items for retirement plans.
Retirement Preparedness at Record Lows
Despite improved finances overall, research from Financial Finesse shows only 15% of employees are confident they are on track to meet retirement goals.
Cerulli Expects $1T in Growth for Latin America Funds
Latin America’s mutual funds and private-pension funds will amass another $1.4 trillion over the next five years, according to a Cerulli Associates report.
USI Names VP of Retirement and Investment Services
USI Consulting Group announced that Jeffrey H. Snyder has joined the company as Vice President of Retirement and Investment Services, based in New York City.
CPI Adds Consultant in Denver Office
CPI Qualified Plan Consultants, Inc. announced that Christy Hopkins has accepted the position of Retirement Plan Consultant in Denver, Colorado.
Thiel Named as LaMothe’s Replacement
Bank of America announced John Thiel will be replacing Lyle LaMothe as head of Merrill Lynch U.S. Wealth Management.
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.
Commonwealth Offers Social Media Compliance Tool
Commonwealth Financial Network has partnered with Erado Message Control to offer advisers a social media compliance solution.
National Advisors Trust Partners for Fixed Income Solutions
National Advisors Trust Company has partnered with Advisors Asset Management, Inc. (AAM), an investment partner for broker/dealers and advisers with fixed income securities solutions.
National Advisors Trust Partners with EPIC
National Advisors Trust announced an agreement with EPIC Advisors, Inc. to provide a branded 401(k) program with open-architecture and daily valuation services to its shareholder adviser firms.
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.
Most 401(k) Participants not Aware of Fees
More than seven in ten 401(k) plan participants said they do not pay fees to plan providers in a recent AARP survey.
UBS Offers ETN for Business Development Companies
UBS Investment Bank announced that it added to its suite of E-TRACS exchange-traded notes (ETNs) an E-TRACS linked to the Wells Fargo Business Development Company (BDC) Index.
ING Rebrands ShareBuilder Subsidiary
ING DIRECT USA’s broker/dealer subsidiary, ShareBuilder Securities Corporation, will be renamed ING DIRECT Investing, Inc.
Keeping a (Virtual) Eye on Your Bag
The mysterious disappearance of a checked baggage may soon be a thing of the past.