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Transamerica Appoints Southern Regional Vice President
Transamerica Retirement Services has hired Linda Kurz as regional vice president in the company’s Southern Region.
ProFunds Names New Distribution Director
ProFunds Group has tapped Donald Roberson as managing director, Distribution.
HNW Americans More Pessimistic, Risk-Averse
The economic turmoil over the last couple of years has shaped the way high-net-worth individuals view their own investment portfolios, their economy, and their government, a new...
Invesco Launches Balanced-Risk Commodity Strategy
Invesco’s Global Asset Allocation team has now launched, and recently been awarded its first mandate in, its Balanced-Risk Commodity strategy.
AUL Allows Advisers to Customize Revised Annual Plan Reviews
Earlier this year, AUL Retirement Services introduced a revised annual plan review for its clients and expanded the customization options for retirement plan advisers.
Stock Drop Settlement on the Table for Boston Scientific
There’s a potential settlement in sight for participants in a 401(k) stock drop suit.
IMHO: Decision Decisions
As a parent, you spend a lot of time telling your kids what to do, and perhaps more time than you think you should convincing them that it...
Fee Disclosure Rides Along with Pension Relief
Apparently there’s more than pension fixes tucked away in that new jobs bill moving through the U.S. Congress.
IRS Provides 401(k) Compliance Check Details
The Internal Revenue Service (IRS) said a random sample of 1,200 401(k) plan sponsors will be notified this week that they have been selected to fill out an...
House Bill Carries DC Disclosure Requirements
A bill that has been introduced in the U.S. House of Representatives would impose new disclosure requirements on defined contribution plans.
Firm Unveils Alternative Investment Fund-of-Funds
Navellier & Associates announced it launched Navellier Select, L.P., an alternative investment fund-of-funds, in January 2010.
Perspective: Sweaty Palms and Constricted Throats
The Internal Revenue Service (IRS) identifies the most common mistakes by 401(k) plans.
FRC Recommends Restructure of Target-Date Funds
In a new study, “Rethinking Lifecycle Funds,” Financial Research Corporation (FRC) says that although target-date funds are being marketed as a total retirement solution, the reality is that...
International/Global Equity Leads April ETF Fund Filings
Sixty-four open-end exchange-traded funds (ETFs) were filed in April, according to the new Fund Filings Review from Strategic Insight, an Asset International company.
Working Hard Could be Hard on Your Heart
Putting in long hours? That could lead to heart problems, a new study suggests.
linkedFA Teams Up with NASDAQ to Add Adviser Resources
linkedFA, a social networking site for financial professionals, has partnered with NASDAQ.com to offer resources on its site.
DoL Repeats Safe Harbor Protection Argument
Secretary of Labor Hilda L. Solis has once again contended that safe harbor status does not shield fiduciaries from liability for imprudent plan investments.
Employer not Required to do Hardship Withdrawal Disclosure
The Bank of America Corp. (BofA) was under no obligation to provide detailed disclosures about its 401(k) plan hardship withdrawals.
Fidelity Reports 401(k) Balances up 55% Since Market Bottom
Fidelity Investments 401(k) highlights from the first quarter of 2010 show strong account balance growth and performance for participants that stayed the course over the past 12 months...
McDonald Joins New York Life Retirement Income Unit
New York Life Insurance Company has appointed Allyson McDonald as senior vice president in its Retirement Income Security (RIS) operation, to lead relationship management for Third-Party Distribution.