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PLANSPONSOR Announces Retirement Plan Adviser and Adviser Team of the Year Awards
PLANSPONSOR has named the winners of the 2011 PLANSPONSOR Retirement Plan Adviser and Retirement Plan Adviser Team of the Year awards.
Buck Unveils Adviser Program
Buck Consultants is offering advisers global research and expertise on asset allocation policy and fund manager selection for pension plans and endowments.
Investment Industry Roles to Change from Dodd-Frank
Financial Research Corporation (FRC) foresees significant changes in the roles, responsibilities, and services provided by brokers, advisers, asset managers, and others in the investment industry as a result...
MN Man Pleads Guilty to Embezzling from Benefit Plan
Delroy Joseph Sand, Jr., pled guilty to embezzling approximately $642,166.81 from his company’s employee benefit plan between 2008 and 2009.
Perspective: To Get People Talking, Start with Your Brand
I live in Austin, Texas and Austin is known for a number of things.
Dumb (and Deadly) Insurance Fraud Schemes
Life Quotes, Inc., a life insurance resource center, compiled a list of the 10 dumbest insurance fraud schemes of all time.
Deutsche Bank, Invesco Unveil Sovereign Bond ETNs
Deutsche Bank and Invesco PowerShares Capital Management, LLC have launched six exchange-traded notes (ETNs) linked to the foreign sovereign bond futures.
Decision-Making Women Prefer Adviser Help
Women are increasingly making their own decisions about how to invest money, and are more likely to use advisers than men, according to Mintel, a market research firm.
Stability is Most Important for Institutional Investors
According to Cogent Research, institutional investors are more concerned about an asset manager's stability than its performance record.
NQDC Plans Still a Valuable Benefit
A survey from The Principal finds that non-qualified deferred compensation (NQDC) solutions continue to be viewed by employers and participants as a valuable benefit.
Pru Unveils Two Real Estate Funds
Prudential Investments added two mutual funds to its real estate offerings.
Insurance Company Launches Portfolio Construction Tool
Jackson National Life Insurance Company developed an online tool to help advisers build customized investment portfolios for their clients.
Nearly Half of Advisers Don’t Focus on Rollovers
In its “Advisor Assets in Motion” report, Cogent Research found nearly 50% of advisers are not winning as many rollover assets as they could be.
Brinker Unveils Crystal Strategy to Institutional Investors
Brinker Capital created the Crystal Strategy 1, which focuses on bringing diversification, transparency, and liquidity to alternative investments.
Total Employer-Based Plan Assets Reach $10T in 2010
Total assets held in employer-sponsored retirement plans was $10.2 trillion at the end of 2010, up 11% from $9.3 trillion a year earlier, a Spectrem Group analysis indicates.
Half of “Mixed” Target-Date Investing Stems from Sponsor Actions
An analysis from Vanguard finds that about half of mixed target-date investing - holding a target-date fund in combination with other investments - stems from sponsor actions.
ProShares Launches Inverse High Yield Bond ETF
ProShares launched what it says is the first exchange-traded fund (ETF) that provides inverse exposure to the high yield bond market.
Kandarian to Become President and CEO of MetLife
The board of directors of MetLife, Inc. announced that Executive Vice President and Chief Investment Officer Steven A. Kandarian will become MetLife’s president and chief executive officer on...
OneAmerica Distributing Premier Trust Solution through Reps
McCready and Keene, a OneAmerica company, announced that its trust solution platform, Premier Trust, is available for distribution via registered representatives.
Court Finds QDIA Switch not an ERISA Breach
A Louisville medical center did not breach its fiduciary responsibility by transferring the plan balances of two employees from a stable value fund to an asset allocation fund.