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Invesco Launches DC Site
Invesco has launched a Web site featuring educational resources to meet the needs of U.S. defined contribution plan sponsors, consultants, recordkeepers, and advisers.
The Hartford Launches Plan Sponsor Search Engine for Advisers
The Hartford Financial Services Group has launched a new search engine, which it said is designed to help financial advisers target potential sponsor clients.
Shay Gets New Job at Securian
Bruce Shay, a Securian Financial Group senior vice president in charge of the company’s retirement business, has been promoted to executive vice president by the firm’s board of...
PlanTools Unveils CRC Offering
Charlotte, North Carolina-based PlanTools has released the Client Resource Center (CRC) as part of its Risk Management System.
Carroll Gets John Hancock Promotion
Robert L. Carroll has been promoted to divisional vice president, Eastern Division, of John Hancock Retirement Plan Services (RPS).
Broker Held Accountable for Sister's Investment Losses
A woman who sued her stockbroker brother won $608,000 under the decision a Financial Industry Regulatory Authority (FINRA) arbitration panel.
Independent Advisers Want to Make Business Changes
More than half of independent advisers said their clients have modified their expectations of retirement lifestyle or plan to delay retirement, according to a survey by Curian Capital,...
IMHO: Safety "Knot?"
Two weeks ago, the Department of Labor and the U.S. Treasury turned to the retirement plan community for some input.
Motorola Hit with Two Stock-Drop Suits
A Chicago law firm has filed two stock-drop suits against Motorola, alleging the communications company caused large losses in its defined contribution plan by not being forthright about...
RIIA Study Suggests Advice Makes a Difference
A recent study found that retired households receiving financial advice had more assets after a 10-year period than households that did not.
ETFs Didn't Fare Well in January
Following strong inflows in 2009, U.S. exchange-traded-fund (ETF) flows dipped into the red to kick off 2010, with $16.7 billion in net outflows in January, according to estimates...
Domestic Stock Funds Reverse Flow in January
Mutual funds saw inflows of $44.5 billion in January, according to estimates from Morningstar, Inc.
DoL Posts Six EFAST2 User Guides
The Department of Labor (DoL) has posted on its Web site six EFAST2 user guides to assist with electronically filing Form 5500 for 2009 and later plan years.
Stock and Bond Mutual Funds Started Year Strong
U.S. mutual fund investors poured an estimated $46 billion into stock and bond mutual funds in January, according to Strategic Insight (SI), an Asset International company.
AUL Retirement Hires VP of Product and Marketing Strategy
The Retirement Services division of American United Life Insurance Company (AUL), a OneAmerica company, announced Peter Welsh has been named to the newly created position of vice president...
BPAS Upgrades Partner Toolbox
BPAS, a national provider of plan administration, actuarial, and institutional trust services in support of financial intermediaries, has launched a major upgrade to its Partner Toolbox.
Wells Fargo Advisors Introduces Succession Planning, Market Valuing System
Wells Fargo Advisors Financial Network, LLC, said it now offers a new program to help its advisers determine, build, and monitor the value of their practice.
Hartford Adds to SMART529 Web Site
The Hartford said it added new Web tools to help start a college-savings dialogue between financial advisers and their clients.
Investors Rely on Advisers to Start College-Saving Conversation
Investors are leaning on their advisers to help them with the college savings process, a survey by The Hartford indicated.
ProShares Launches Daily 3x and -3x ETFs
ProFunds Group has launched eight new ProShares exchange-traded funds (ETFs).