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Advisers Anticipate Their Future at MSSB
The details of how the joint venture between Morgan Stanley and Smith Barney will play out are yet to unfold, but retirement plan advisers seem optimistic about the...
Independent B-Ds Look to Recruiting
Independent broker/dealers (IBDs) say recruiting is important—but the competition for advisers is high.
myStockOptions.com Expands Content On Job Termination
Job losses have certainly been in the headlines of late -- and on people's minds.
DailyAccess Adds Target Plus Portfolios
DailyAccess Corporation has added Old Mutual Asset Management's Target Plus Portfolios to its product platform.
EBSA Announces Online 5500 Walk-Through
Plan sponsors will get a walk-through of the 2009 Form 5500 reports and a new electronic filing Web site from a scheduled February 19 Webinar from the Department...
Garen Named to New York Life Participant Strategy Role
New York Life Retirement Plan Services, a division of New York Life Investments, has appointed Deanna Garen managing director of participant strategy.
Tenneco Puts Match on Hold
Lake Forest, Illinois-based auto parts manufacturer Tenneco Inc. has suspended its 401(k) match for 2009.
Census Data Show Strengthening DB to DC Trends
About two-thirds of workers in a new study identified a defined contribution plan as the most important component of their retirement savings.
Assets in Mutual Funds Worldwide Plunge in Q308
Mutual fund assets worldwide decreased 12.1% to $21.66 trillion at the end of the third quarter of 2008, according to the Investment Company Institute (ICI).
Invesco Launches Risk Premium Capture Strategy
Invesco's Global Asset Allocation Group has unveiled Premia Plus, a risk premium capture strategy.
John Hancock Increases Support to Adviser Partners
John Hancock Retirement Plan Services (RPS) has increased its sales support by adding eight regional vice presidents and a new internal sales desk with 10 sales associates.
Industry, Salary Level Affect Participation Rates
Charles Schwab’s 401(k) plan benchmarking data show employee participation and savings rates vary according to employer industry and employee salary level.
ING Clarion Kicks off DC Real Estate Offering
ING Clarion Partners LLC, a real estate investment adviser, is entering the defined contribution (DC) market, the company announced.
Participant Transfers Calm in January
January was a relatively quiet month with regard to participant transfer activities, according to the results of the Hewitt 401(k) Index.
Report Ranks Best Web Sites for Advisers
If you are looking for mutual fund Web sites that are useful in a particular area for advisers, a new report offers some insight.
IMHO: "Spreading" the Wealth
In one of the more memorable sound bytes of the Presidential campaign just past, candidate Obama tried to explain the rationale underpinning his economic philosophy as a belief...
7-Eleven Latest to Suspend 401(k) Match
Dallas-based 7-Eleven Inc. said it is cutting 200 positions and suspending contributions to employees’ 401(k) accounts to minimize future job losses.
Another Media Company Takes 401(k) Match Suspension Route
Las Vegas-based newspaper company Stephens Media LLC has suspended its 40(k) match to save money because of the bad economy.
Even Execs Hard-Hit by Economy
A new survey found 86% of executives said their shrinking retirement savings will mean working longer, with an average delay of 7 ½ years.
Eddie Bauer Suspends Match
Like a number of other companies, Eddie Bauer has announced it is suspending its 401(k) match contributions for 2009 to cut costs.