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TIAA-CREF Adds Fiduciary Services Option
Through a relationship with Ibbotson Associates, TIAA-CREF will offer plan sponsors an additional option for independent, third-party fiduciary services.
Retirement Income Is a Living Case Study
When some of the country’s top retirement plan advisers gathered last week to discuss retirement income, Jim Brockelman, Managing Director at Putnam, pointed out that the entire topic...
BCG Securities Hires Director of Operations
BCG Securities, Inc., a full-service broker/dealer and advisory firm, announced Joseph Englert is its new Director of Operations.
AUL Appoints Vice President of National Accounts
The retirement services division of American United Life Insurance Company (AUL), a OneAmerica company, has hired Brandon Kaboski to be its new vice president of national accounts.
Tennessee–Lots of Country Singers, Very Few…
The Centers for Disease Control (CDC) released its State Indicator Report on Physical Activity, 2010, and found that Tennessee has the lowest percentage of physically active adults in...
Putnam Lifetime Income Tool Sparks Some Change
About one-third of participants using Putnam Investments’ Lifetime Income Analysis Tool have made changes to their deferral rates.
Pentegra Announces Two Sales Hires
Pentegra Retirement Services announced that Ken Jackson and Greg Hagan are new Regional Marketing Directors.
Northrop Grumman Plaintiffs Win Class Certification
A federal judge in California has certified as a class plaintiffs suing Northrop Grumman Corporation in an excessive 401(k) plan fee case.
Musto Named JPAM Retirement CEO
J.P. Morgan Asset Management announced that David Musto will become the Chief Executive Officer of J.P. Morgan Retirement Plan Services (RPS).
EBSA to Host Retirement Workshop for Women
The Department of Labor’s Employee Benefits Security Administration (EBSA) is co-sponsoring a Webcast on April 12 to help women with retirement planning issues.
DoL Announces ERISA Responsibilities Workshop
The Department of Labor’s Employee Benefits Security Administration (EBSA) is offering an “Understanding Your Responsibilities Under ERISA” workshop.
MFS Launches Global Multi-Asset and Absolute Return Funds
MFS Investment Management has launched MFS Global Multi-Asset Fund and MFS Absolute Return Fund.
Institutes Offer Free Retirement Planning Guide for Women
The MetLife Mature Market Institute, in conjunction with WISER (Women’s Institute for a Secure Retirement), designed a retirement planning guide specifically for women.
Agencies Issue RFI Regarding Incentive Compensation Proposal
Financial regulatory agencies are requesting public comment on a proposed rule that would ensure regulated financial institutions design incentive compensation arrangements to take account of risk.
Low Fees at the Outset Can be hard to Overcome
Advisers who offer lower fees to attract clients are finding it difficult to raise the fees to acceptable levels, contends a report from PriceMetrix.
Malvey Takes Position with BNY Mellon Asset Management
BNY Mellon Asset Management has named Jack Malvey to the newly created position of chief global market strategist.
AXA Equitable Launches 401(k) Solution
AXA Equitable Life Insurance Company is launching the Retirement Gateway, a group variable annuity to fund retirement plans for the small- to mid-size market.
M Financial Links with Fiduciary Benchmarks and BlackRock
Fiduciary Benchmarks will provide benchmarking services to M Financial Group's 130 Member Firms and their 800 producers.
Independent RIA Model Appealing to Many
Eight in ten advisers at broker/dealers and insurance companies say the idea of being an independent registered investment adviser (RIA) is appealing, according to a Schwab survey.
ProShares Launches Bond ETF
ProShares unveiled what it says is the first exchange-traded fund (ETF) in the United States that provides inverse exposure to the investment grade corporate bond market.