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Target-Date Funds See Positive Q310
As a result of a Q310 turnaround in equity returns, as well as continued positive performance in the fixed-income market, target maturity funds strolled into the fourth quarter...
Newport Offers Online Financial Account Aggregation
The Newport Group introduced a new personal account aggregation feature for participants in its plans.
AP Proposes Switching to DC Plans
The Associated Press is proposing a new contract with union employees under which its defined benefit pension plan would be frozen.
Report Examines Non-Annuitized Retirement Income
The percentage of households at risk for not meeting their retirement goals jumps from 51% to 60% when they live off of the interest from their assets instead...
AARP Revamps Retirement Calculator
AARP has revamped its retirement calculator “to enhance usability, but maintain accuracy in its results.”
Advisers Stepping Up to the Plate
Advisers are facing several new challenges in the “post-recession” climate, and many feel that they have to tackle these challenges on their own, according to a survey conducted...
CPI Adds VALIC Fixed Interest Option
CPI Qualified Plan Consultants, a third-party recordkeeping and administration company, announced the addition of a third fixed-interest option from VALIC to the CPI platform.
Fidelity Tapped for Expanded AT&T Plan Servicing
Fidelity Investments has been chosen by AT&T as its sole retirement provider, Fidelity announced.
SEC Working to Improve Complaint Handling
The Securities and Exchange Commission is working to have new technology to handle tips and complaints in place by the end of the year.
Principal Offers Retirement Litmus Test and White Paper
The Principal Financial Group created the “Savings-to-Employment Income Ratio” to help investors estimate the health of their retirement savings; a white paper was written to complement the tool. ...
BPAS Upgrades DC Web Site
BPAS, a provider of defined contribution (DC), actuarial, institutional trust and flex services, has upgraded its Web site.
SPARK Institute Urges Caution on In-Plan Roths
The SPARK Institute, a retirement services trade group, is advising plan sponsors to not act hastily when deciding whether to offer in-plan Roth conversions as a result of...
Plans up 8% in Q310
The median return of the State Street Universe (SSU) of total plans rose 8% in the third quarter of 2010, following the 4.4%-loss in the prior quarter, State...
Investors Primed to Get More into the ETF Market
Investors are looking for investments with many of the characteristics that exchange-traded funds (ETFs) have, according to a survey released by TD Ameritrade Holding Corporation.
Lincoln Financial Distributors Hires Florida DC Sales Director
Lincoln Financial Distributors, the wholesale distribution subsidiary of Lincoln Financial Group, announced that Greg Libby joined the firm as regional sales director with the Defined Contribution /401(k) team.
Defined Contribution in Transition
As defined contribution (DC) plans have much more inherent risk than defined benefit plans, participants, sponsors, and advisers need to take a more hands-on and active approach to...
Russell Unveils Equal Weight Equity Indexes
Russell Investments launched the first five equity benchmarks in a series of equal weight equity indexes that reflect U.S. and global market segments.
BlackRock, SunGard Team up on Retirement Income Solution
BlackRock, Inc. and SunGard have announced a solution that will support the use of funds generating lifetime retirement income within corporate defined contribution (DC) plans.
IMHO: Interests 'Bearing'
Last week the Labor Department issued a proposal that would, by its reckoning, provide the first update to the definition of an ERISA fiduciary since...
Getting Back on Stable Ground
A new J.D. Power and Associates study showed financial adviser sentiment towards their firms has stabilized in 2010, after a rocky few years.