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Schwab Makes Target Funds Enhancements

Charles Schwab Investment Management, the asset management arm of the Charles Schwab Corporation, announced changes to its target-date mutual funds to enhance the portfolios and reduce expenses.

NAVA Expands Executive Team

NAVA, the Association for Insured Retirement Solutions, brought on Lee Covington as senior vice president and general counsel and promoted Deborah Tucker to vice president of Membership, Marketing&Standards.