Search results for: a
"Non-Responders" to IRS Questionnaire May be Examined
The Internal Revenue Service’s Employee Plans Compliance Unit announced the completion of the information-gathering phase of its 401(k) Questionnaire Project.
GAO Urges More Help with TDFs for Plan Sponsors
The Government Accountability Office (GAO) recommended that the Department of Labor (DoL) take action to assist retirement plan sponsors in selecting appropriate target-date funds.
TPA Owner Pleads Guilty to Embezzling Plan Funds
A third-party administrator pleaded guilty to one count of embezzlement of $1 million in assets from 12 retirement plans.
Fidelity Data Show Engaged Plan Participants
Fidelity found workplace retirement plan participants are becoming increasingly more engaged in their plans.
ERIC Urges Exclusion of Benefit Plans from Swap Regs
Commenting on swap regulations under the Dodd-Frank financial reform bill, the ERISA Industry Committee (ERIC) asked for special considerations for employee benefit plans.
Hartford Creates Retirement Plan Support Team for P&C Agents
The Hartford’s Retirement Plans Group (RPG) has formed a Channel Development team to assist the sales efforts of property and casualty (P&C) agents.
MassMutual Finds Gender Split in Asset Allocation Fund Choice
While men and women participants are turning to asset allocation funds in similar amounts, women are showing a discernable preference for target-date offerings.
Invesco to Launch Senior Loan Portfolio ETF
Invesco PowerShares Capital Management LLC plans to launch what it said was the first exchange-traded fund (ETF) to provide access to a portfolio of senior...
IRS Provides Guidance on 403(b) Plan Terminations
The Internal Revenue Service (IRS) has provided clarification on how section 403(b) plan termination provisions apply.
PIMCO Hires Head of Analytics
PIMCO has hired Ravi Mattu as a Managing Director and Head of Analytics.
Transamerica Broadens Suite of Retirement Income Solutions
Transamerica introduced Retirement Income Max, an optional living benefit rider, available with Transamerica’s suite of variable annuities.
More Effective Practice Management Tools Needed
About half of nearly 1,300 advisers surveyed by Curian Capital surveyed feel time management and efficiency will be their biggest challenge in 2011.
Putnam Plans Absolute Return Fund for Variable Annuities
Putnam Investments plans to launch a version of its Absolute Return 500 Fund for use by insurance companies in variable annuities and other variable insurance products.
Participants Benefit from Advice, Survey Shows
The sampling size was small, but a recent survey found that participants who got financial advice held more funds and enjoyed a higher rate of return than those...
ASPPA Requests Audit Relief for 403(b)s
ASPPA and a group of 403(b) plan professionals have renewed their appeal to the government for additional relief for 403(b) sponsors struggling to meet new compliance requirements of...
IMHO: Expectations Set
Thousands of protestors took to the streets this past week—in Wisconsin.
ERIC Argues Stock Drop Dismissal Should Stand on Appeal
The ERISA Industry Committee (ERIC) urged a federal appellate court not to disturb a lower court decision throwing out a stock drop suit against ING.
DoL Releases Fiduciary Definition Hearing Agenda
The U.S. Department of Labor (DoL) released an agenda for its public hearing on a proposal to refine the definition of fiduciary.
LPL Launches Fee-Based Variable Annuity Platform
LPL Financial has introduced a platform that allows for discretionary management of variable annuity assets for LPL Financial-affiliated advisers.
Asia Flows Advance in 2010
In 2010, local Asia long-term funds gathered $55 billion in net inflows, slightly higher than in 2009, according to Strategic Insight, an Asset International company.