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Boomers Don’t See Advantage to Roth Conversion
A new survey finds more Baby Boomers are aware of their ability to convert individual retirement account (IRA) assets to a Roth IRA, but few intend to do...
Johnson Tapped for Hancock Retirement Sales Post
Michael G. Johnson has been hired as regional vice president, Atlanta, at John Hancock Retirement Plan Services (RPS).
Dzierzak Joins Mesirow Financial
Mesirow Financial has hired a new senior vice president in its Retirement Plan Advisory group.
EBSA Enforcement Data Posted to the Web
The Employee Benefits Security Administration (EBSA) is one of a number of Department of Labor (DoL) agencies participating in a new Web site aimed at making a variety...
Principal Unveils Adviser-Based Asset Allocation Product
The Principal Financial Group has released RetireView, a product designed to help plan advisers help participants in their client plans choosing their optimum asset allocation.
Securian Redesigns Retirement Site for Advisers
Securian Retirement said its site for financial advisers now offers “goal-based” navigation to help advisers get the information they need faster.
Participants, Non-Participants Have Different Retirement Realities
Workers offered 401(k) plans exhibit more proactive retirement savings behaviors, demonstrate higher levels of knowledge about retirement investing, and are more confident in their ability to retire comfortably,...
Advisers Revamp Retirement Income Strategies
The overwhelming majority (91%) of surveyed financial advisers said they have made changes to their clients’ retirement portfolios, and many are looking toward guaranteed income products.
Supreme Court Sends Investment Adviser Fee Case Back to 8th Circuit
The U.S. Supreme Court has sent a case contending that Ameriprise Financial’s fund fee structure violated the Investment Company Act back to the 8th U.S. Circuit Court of...
Great-West Adds Sales Director in Northern Texas
Great-West Retirement Services has appointed Todd Champney as regional sales director based in Dallas.
linkedFA Unveils Compliance Update for Brokerage Firms
linkedFA, a social networking site for financial professionals, said it now offers a feature to satisfy compliance concerns of brokerage and wirehouse firms.
Former TCW Fund Manager Launches Funds
DoubleLine Funds Trust will launch two open-end mutual funds on Tuesday.
AUL Offers Stable Value Investment Option
American United Life Insurance Company (AUL) has launched the AUL Stable Value Account for select AUL participants.
Former ERIC Chair Joins Covington’s Benefits and Compensation Practice
Scott Macey has joined Covington & Burling’s employee benefits and executive compensation practice group as of counsel.
RPAG Brings on New Fixed-Income Analyst
Retirement Plan Advisory Group (RPAG), an alliance of retirement plan advisers, said Gabriel Kass has joined its investment team as an investment analyst, specializing in fixed-income investments.
New White Paper Tackles Behavioral Economics of Participant Behavior
Arnerich Massena, Inc., a Portland, Oregon-based independent investment advisory firm, has published a paper examining participant behavior in retirement plans.
Brinker Unveils Mobile Phone Application for Financial Advisers
Brinker Capital launched a mobile phone application designed to provide financial advisers and their clients with computer desktop-like accessibility to account information.
Study Finds Little Change in Retirement Planning Habits
The economic downturn might have prompted some changes in the behavior of Americans, but a new study suggests that their level of retirement planning (or lack thereof) remains...
One in Four Employers Cut Retirement Plan Contributions in 2009
Recent research found that one-fourth (26%) of employers have either scaled back their retirement plan contributions or eliminated the company match altogether in an effort to reduce costs.
The Hartford Realigns to Be More Customer-Centric
At its investor meeting last week in New York City, The Hartford Financial Services Group, Inc., announced a new organizational structure the firm said would help to execute on key...