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Mercer Launches Web Tool for Participants
Mercer said it launched on online educational program to help individuals stay on track with their long-term financial objectives while also acknowledging their concerns in the volatile economic...
Jennison Health Sciences Fund Reopens
JennisonDryden reopened the Jennison Health Sciences Fund (Class A: PHLAX) to all investors, effective immediately.
Testifiers Debate Merits of Fee Disclosure
The Health, Employment, Labor, and Pensions Subcommittee of the U.S. House Education and Labor Committee held a hearing on Wednesday about fee disclosure to retirement plan participants.
Miller, Andrews Introduce 401(k) Fee Disclosure Bill
Legislation about full fee disclosure was introduced in the U.S. House.
MetLife Launches Updated Wealth Management Platform
The MetLife Broker-Dealer Group launched enhancements to its Wealth Management Services (WMS) platform, including a flexible unified managed account (UMA).
Citi Appoints McWhinney to Head Personal Wealth Management Group
Citi announced that Deborah Doyle McWhinney will head Citi Personal Wealth Management, comprising the existing U.S. network of Citibank branch-based financial advisers and other financial planning and wealth...
If You Can Buy Happiness…
Financial advisers in the Midwest might have “happier″ clients.
Weyerhaeuser Suspends 401(k) Match
Weyerhaeuser Co. said it approved the temporary suspension of 401(k) matching contributions for all employees.
What Comes Next for Retirement Security?
Although most Americans are sticking with their 401(k)s, it does not solve the savings crisis in America.
Most Americans Now Anticipating Insufficient Retirement Income
A recent Gallup poll shows that, for the first time this decade, a majority (52%) of non-retired Americans say they will not have enough money to live comfortably...
Benchmarks Outdo Active Managers over Market Cycle
The majority of active fund managers underperformed benchmarks across all categories over the past five years, according to Standard&Poor’s.
Most Companies Use Employee Meetings to Communicate Benefits
There was widespread adoption of similar employee benefits communications techniques among employers responding to a recent survey.
Reuters: Lincoln to Sell Delaware Asset Management Unit
U.S. life insurer Lincoln National Corp. is selling its Delaware Investments asset management unit, according to Reuters.
UBS Adds Solution for Private Foundation Administration
UBS has joined with Foundation Source, a provider of support services for private foundations, to provide customized private foundation services for UBS clients.
Pershing Releases Operational Efficiency Study for RIAs
In a new study, Pershing said advisory firms must harness human capital management to enhance operational efficiency and achieve long-term success.
Citi Launches Tools to Help Consumers Finance College
The Student Loan Corporation (SLC), a subsidiary of Citibank, N.A., launched two interactive tools that provide advice and guidance for consumers about the basics of obtaining and paying...
Retirement Still a Concern, but Everyday Expenses Take Priority
Day-to-day expenses might be top-of-mind for Americans, but they are still concerned about having a secure retirement, according to a recent survey from AXA Equitable Life Insurance Company.
kasina Offers Service for Asset Managers to Receive Adviser Insights
kasina has teamed up with Horsesmouth to launch Advisor Vision, a new service that provides firms with access to financial intermediaries' behaviors, preferences, and opinions.
PMFM Changes Brand, Fund Names
PMFM, Inc., a registered investment adviser (RIA) in Athens, Georgia, has changed its corporate name to Stadion Money Management.
Paychex Answers Small-Business Questions about Stimulus Concerns
The American Recovery and Reinvestment Act of 2009 raise questions for small-business owners about how to make changes required under the new law.