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Travelers Biggest Pet Peeves
Poor hygiene, oversized carry-on luggage, and bickering families are among the top travel annoyances for Americans.
The Case for Equities
As many investors are still underweight equities, the logical thing to do is rebalance back toward equities, said David Kelly, managing director, chief market strategist for J.P. Morgan...
Study Finds ESPPs Motivate Employees
Recent research by Computershare and the London School of Economics found employees in employee stock purchase plans (ESPPs) work harder and stay with their employer longer.
New Partnership Offers a Solution for Missing Participant Accounts
A new partnership aims to help plan sponsors, their advisers, and third-party administrators to “easily manage the accounts of terminated participants, keep their savings invested in retirement, and...
FINRA Forms Social Networking Task Force
Rick Ketchum, chairman and CEO of the Financial Industry Regulatory Authority (FINRA), said the agency has formed a task force to examine how regulation can welcome new forms...
Almost Half of Departing 401(k) Participants Still Cash Out
Nearly half of workers leaving their job take a 401(k) cash distribution, a Hewitt study found.
More Households Unprepared for Retirement
The latest National Retirement Risk Index (NRRI) from the Center for Retirement Research at Boston College (CRR) showed a 7% drop in the share of households positioned to...
Prudential “Redefines” Retirement
Prudential Financial has been talking about a new kind of retirement – now the firm has rolled out those ideas as a product design.
401(k) Participants Hung in during Downturn
Despite the Wall Street turmoil and the economic downturn, the number of employees joining 401(k) plans serviced by Charles Schwab actually increased.
CDM Retirement Consultants Adds DB Administration
CDM Retirement Consultants, Inc., a Towson, Maryland, provider of open-architecture retirement plan solutions, is now offering administration services for defined benefit plans, including cash balance plans.
J.P. Morgan Takes Target Date Compass Online
J.P. Morgan Funds has launched an online version of its target-date evaluation program, the Target Date Compass.
DCIO: Growing Part of Asset Manager Business
The defined contribution investment only (DCIO) business is moving from a minor appendage of an asset management firm's sales effort to its backbone, according to Sway Research’s latest...
EBSA Webcast to Address Form 5500 Issues
Plan sponsors (and “plan professionals,” including advisers) looking to bone up on the new Form 5500 will have another chance to do so online.
AXA Launches Resources for Women
AXA Equitable Life Insurance Company recently launched a program to attract women consumers and financial professionals.
McCann in to Head UBS Wealth Management
Now that his dispute with Bank of America (BofA) is behind him, Robert McCann will now step in as CEO of Wealth Management Americas at UBS.
State Street Allows More Customization on WealthConnect Platform
State Street Corporation said it enhanced its wealth management platform to allow for customizable interfaces for its wealth management customers.
Small Biz Owners Worry Benefits Cost Could Stunt Growth
A new survey finds small business owners are ready to pick up hiring, but feel the inability to afford benefits may hinder them from attracting new employees.
Senate Hearing Asks, Are Target-Date Funds Missing the Mark?
This week a Senate committee will once again take up the topic of target-date funds.
GAO Says Automatic IRA no Silver Bullet
Although recent proposals to boost retirement savings for workers without access to employer-sponsored plans could increase the portion of Americans saving for retirement, the programs are not without...
MassMutual Finds Participants More Engaged
MassMutual Retirement Services' quarterly analysis of plans it administers indicates plan participants are more engaged in their retirement planning and saving, and are also more confident in the...