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Workers Not Maximizing Potential of Retirement Plans
A recently commissioned survey indicates that employer-sponsored retirement plans are highly important to the workers who participate in them, but most are not maximizing their savings power.
ING Introduces Contribution Rate Calculator
ING added a calculator to its Web site to help demonstrate the potential long-term financial impact of retirement plan contribution rate changes.
Two RIAs Join Forces
Triad Advisors, Inc., a subsidiary of Ladenburg Financial Services Inc., announced that Planning Solutions Group is joining the firm as an independent branch office.
Law Firm Offers Post-Election Insights
What are some of the possible effects on the economy after the mid-term election?
IndyMac Stock-Drop Suit Reaches Settlement
Lawyers involved in a stock drop lawsuit against IndyMac Bancorp announced a $7 million settlement.
DST Hires VP for Business Development
DST Retirement Solutions brought on Gary Lineberry as vice president.
Swanson Comes Onboard at Union Bank
Brian Swanson joined the Institutional Trust & Custody division of Union Bank, N.A. as a senior client relationship manager and product executive.
Ex-Wife Entitled to 401(k) Account Balance
Even though an ex-wife waived her right to her now-deceased ex-husband’s 401(k) plan savings, she is still entitled to the money, a federal judge in New Jersey has...
Janus Adds Vice President and Director to Financial Institutions Team
Janus Capital Group Inc. appointed Edward DeMarino as vice president and director of Financial Institutions.
American Express Cleared in Stock-Drop Case
A federal judge in New York threw out a stock-drop lawsuit against the American Express Company.
Office Depot Decides to Use Fidelity
Office Depot chose Fidelity Investments to provide it with benefits administration services.
The Many Accomplishments of Zenyatta
Talk about lofty retirement goals: this Saturday, Zenyatta, a six-year-old female thoroughbred, hopes to break a record and end her career undefeated.
Many Americans Abandon Assets in Old 401(k)s
Nearly 30% of respondents indicated they failed to rollover their retirement savings into an IRA or new 401(k) because they are unsure about the rollover process according to...
Groups Say SEC Rule Should not Interfere with Payment for Services
The American Society of Pension Professionals & Actuaries (ASPPA) and the Council of Independent Recordkeepers (CIKR) asked federal regulators to consider the impact on retirement and benefit plans...
Sun Life Introduces Benefits Marketing Campaign
The Employee Benefits Group division of Sun Life Financial launched the “YOU” campaign to help employers engage employees during voluntary benefit enrollments.
Retirement Group Releases 403(b) Auto Features Guidance
Retirement Made Simpler (RMS) released an online toolkit to provide employers with step-by-step guidance for implementing 403(b) plan automatic features.
Cordasco Joins Nationwide Retirement Team
Nationwide Financial Services chose Carlo Cordasco as retirement income planning specialist covering the Northeast region.
Primax Provides Plan Loan Administration Services
Primax Payment Systems partnered with Northeast Retirement Services and Union Center National Bank of Union, New Jersey to launch an optional service providing solutions for the administration and...
$44B Added to Mutual Funds in September
Stock and bond funds experienced net inflows of $44.6 billion in September, according to Financial Research Corporation (FRC).
SPARK Calls for SEC to Rexamine Proposed Rule
The SPARK Institute sent comments to the U.S. Securities and Exchange Commission (SEC) regarding the potential impact on retirement plan intermediaries due to the proposed rule regarding mutual...