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Participants Learned Hard but Good Lessons
Market volatility in 2008 caused many investors to seek help, according to Fidelity Investments.
Tenn. Hospital System Stops 403(b) Match
The West Tennessee Healthcare system has suspended its 403(b) plan match.
Court Rules Document Request not Subject to ERISA Time Limit
A court determined that an employer did not have to provide certain documents requested by cash balance plan participants within 30 days as required by the Employee Retirement...
Longevity Risk Makes for More Frugal Elderly
One potential reason why some elderly run down their assets slowly is uncertainty over their life spans, suggests an analysis by the National Bureau of Economic Research (NBER).
Northwest Target-Date DC Plan Escapes Legal Challenge
A federal judge in Minnesota has rebuffed an age-discrimination challenge to Northwest Airlines' defined contribution plan, ruling that the use of age as a factor for a benefits...
Unions Cannot File Grievance over 403(b) Changes
Whether unions representing Minnesota District 861 teachers and paraprofessionals can legitimately file a grievance over 403(b) plan changes is under debate.
Web-Based Tool Helps Advisers Perform Roth Conversion Analyses
Convergent Retirement Plan Solutions, LLC, and Archimedes Systems, Inc., released the Roth IRA Conversion Optimizer for financial advisers.
Geneos Wealth Management Enhances CRM System
Geneos Wealth Management announced the latest improvement to its technology platform, Artesian CRM 3.0.
Roberts Joins Reish Luftman to Focus on Advisers
Jason Roberts moved from Edgerton Weaver, LLP, to join as a partner in the Employee Benefits practice at business law firm Reish Luftman Reicher&Cohen.
SellingLTC.com Launches Free Long-Term Care Insurance Resource Center
For advisers interested in selling or learning more about long-term care insurance, SellingLTC.com offers a free resource center.
A Sure Thing?
Generally speaking, there’s no such thing as a sure thing – certainly when it comes to investing.
Northern Trust Shutters ETF Family
Northern Trust announced Tuesday the scheduled closing of Northern Exchange Traded Shares (NETS) traded on NYSE Arca for February 20.
State Street Unveils Two ETFs
State Street Global Advisors (SSgA) has launched the SPDR Barclays Capital Short Term International Treasury Bond ETF (symbol: BWZ) and the SPDR Barclays Capital Mortgage Backed Bond ETF...
T. Rowe Launches Fund Data Portal for Advisers
T. Rowe price unveiled a Web resource for advisers, featuring customizable and downloadable data to the firm's mutual funds.
Affluent Retirees Worry about Retirement Savings
Recent market setbacks have led affluent retirees to show greater interest in receiving a guaranteed income stream, according to a survey by MFS Investment Management.
Hartford Rolls out Application for SMART529 Accounts
The Hartford is launching an electronic application process for its SMART529 accounts.
FTSE Acquires Qualitative Analysis Business to Bolster Support for New Indexes
The FTSE Group has completed the acquisition of Pensions Benchmark Corporation (PBC), a U.S.-based quantitative analysis business.
Bostonian Group Takes Stake in Benefits Provider for Small Plans
The Bostonian Group, a Boston-based employee benefits firm, has acquired a minority share of Marketing Associates Financial Services, Inc. (MAFS).
Thain Receives Subpoena in Merrill Bonuses Probe
New York's attorney general issued a subpoena to former Merrill Lynch Chief Executive John Thain, in an investigation of bonuses paid to Merrill Lynch’s employees before the takeover...
Advisers Focus on Wealth Preservation, Asset Allocation
Advisers plan to address wealth preservation and asset allocation with clients, rather than retirement planning in 2009.