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Mutual Fund Flows Retreat in May
Stock and bond funds experienced net outflows of $2.9 billion in May, according to data from the Financial Research Corporation (FRC).
Participants Taking Action to Make Up for Affects of Downturn
More than one-third (38%) of retirement plan participants have increased the amount they are saving for retirement following the market downturn of recent years, according to a survey...
Vanguard to Expand Index Offerings
Vanguard announced plans to expand its index fund family, introducing 19 new funds with ETF Shares to provide investors with additional low-cost stock and bond choices.
CFP Launches New Designation for Financial Advisors
The College for Financial Planning announced today the availability of a new designation for financial advisers.
Investment Innovation Resource Launches
Retirement plan advisers looking to keep up with the latest developments in alternative investment funds have a new resource.
Do You Vuvuzela?
Turns out that watching the World Cup could be hazardous to your health.
Sponsors Cautious about Enhancing Retirement Benefits
The 11th Annual Transamerica Retirement Survey found that despite their optimism about the economy, most companies continue to be reluctant to make significant changes to their retirement plans...
ING Selected as TPA for Austin 457 Plan
ING’s U.S. Retirement Services operations announced it has been chosen by the City of Austin Deferred Compensation Plan Committee to serve as third-party administrator for the city’s voluntary...
OneAmerica to Acquire Plan Actuary
OneAmerica Financial Partners has agreed to acquire Indianapolis-based McCready and Keene, Inc., an actuarial and consulting firm specializing in the design and administration of retirement plans.
360 Sponsors at least Partly Done on IRS 401(k) Survey
Some 360 of the 1,200 plan sponsor receiving the 401(k) Compliance Check Questionnaire had at least partially completed the document by mid-June, the Internal Revenue Service (IRS) announced.
AXA Financial Launches 403(b), 457 Plan Biz
AXA Financial, Inc. has launched PlanConnect, a full-service third party administrator (TPA) for sponsors of 403(b) and 457(b) retirement savings plans.
Study Finds Adviser Gender Gap
The “Gender Gap” is still alive and well among financial advisers, according to a new study.
Putnam Releases Revised Sponsor Site
Putnam Investments has launched an enhanced Web site for sponsors of defined contribution plans.
Money Managers See Market Value but Risk Potential
47% of professional money managers in Russell Investments’ latest quarterly poll believe the market to be undervalued, up markedly from 28% in the March 2010 survey.
Ascensus to Offer Health Care Industry Plans
Ascensus announced it has partnered with ENT Resources Inc. (ENTRI), the for-profit subsidiary of the American Academy of Otolaryngology-Head and Neck Surgery to deliver retirement plans to the...
DC Deferral Amount What Participants Can Afford
Half of employees participating in a recent survey say they decided on their defined contribution plan contribution because it was the most they could afford.
Folio Institutional Adds RPG Consultants as RK
RPG Consultants has become a new third party administrator option for Folio Institutional’s financial adviser clients.
RPAG Says Tool Trims RFP Time
The Retirement Plan Advisory Group, (RPAG) has rolled out a solution that it says could cut completion time on Requests for Proposal (RFPs) from several days...
Rogerscasey Spinoff Brings Investment Analytics Tool to Market
A new spin-off from a familiar name is bringing an investment analytics tool to market.
Fidelity Retirement Account Access Goes Mobile
Fidelity 401(k) and 403(b) participants now can access retirement savings accounts over a free mobile application.