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Transamerica Launches RECOVER Program for Participants
Transamerica Retirement Services said it has launched a program to help retirement plan participants weather the financial storm, create a successful investment plan, and regain confidence in their...
Market Woes Have Widened Retirement Savings Gap
While participants realize their retirement savings have taken a hit with the market downturn of the past year, they might not know just what that hit means for...
IRS Issues Final Rules for Automatic Contribution Arrangements
The Internal Revenue Service (IRS) Tuesday published final rules relating to automatic contribution arrangements to reflect provisions of the Pension Protection Act and the Worker, Retiree and Employer...
PT Marketing Releases 401(k) Appointment Setting Program
PT Marketing said its new 401k Appointment Setting program introduces financial service and insurance professionals to companies with 401(k) programs.
Corporate Synergies Opens Office in D.C. Area
Corporate Synergies Group (Corporate Synergies), a benefits consultant and brokerage firm, announced that it has expanded into Columbia, Maryland.
FINRA Names Ketchum as CEO
FINRA appointed Richard G. Ketchum, currently FINRA chairman and CEO of the New York Stock Exchange (NYSE) Regulation, to serve as its CEO.
PRP Designation Wins Smith Barney Backing
Smith Barney has added the PLANSPONSOR Retirement Professional (PRP) designation to the list of the firm's approved designations for financial advisers.
Morgan Stanley to Reward Top Producers
Morgan Stanley plans to shell out as much as $3 billion to keep Morgan Stanley and Smith Barney brokers aboard the joint venture, according to news reports.
Target-Date Funds to Have Their Day in Congress
The U.S. Senate Special Committee on Aging is scheduled to hold a hearing on February 25 to examine, among other things, target-date funds.
Advisers Cite Client Anxiety about Retirement
Clients are making unwise decisions more often than usual, according to most advisers.
Market Impact on 401(k) Accounts Differs Among Participants
Whether participants view 2008 as a good year for earnings on their 401(k) or a bad year can depend on account balance, age, or job tenure, according to...
Cuomo Files to Force Thain to Discuss Merrill Bonuses
New York's attorney general filed a court motion on Monday to force former Merrill Lynch CEO John Thain to discuss $4 billion in employee bonuses, according to a...
No Dough for Wachovia Reps
Instead of offering brokers a retention bonus, Wachovia Securities said it is offering better payouts through its client retention program.
IMHO: Anything’s Possible
I’ve spent most of my life, certainly my adult life, confident that Americans, certainly in large part, are reasonable and rational.
IMHO: Anything’s Possible
I’ve spent most of my life, certainly my adult life, confident that Americans, certainly in large part, are reasonable and rational.
Hearings on Retirement Security, 401(k) Resurface
The market’s impact continues to weigh on the nation’s retirement security – and it seems that Congress wants to do something about it.
401(k) Education Provider Cuts Back
A slumping economy with fewer hires has led to cutbacks at a leading 401(k) education provider.
AirTran 401(k) Seeks Assurances on Stanford Group Tie
Stanford Group Cos., the investment house run by disgraced billionaire R. Allen Stanford, has served as the financial advisor to AirTran Airways Corp.’s 401(k) plan – but participants...
Coca-Cola Moves to Cash Balance Plan
The Coca-Cola Co. is adopting a cash balance pension plan for new and current employees, according to a news report.
Market Drags Down Q308 Retirement Assets
Retirement assets fell 5.9% from $16.9 to $15.9 trillion during the third quarter of 2008, according to Investment Company Institute (ICI) data.