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NRP Announces Two More Acquisitions
National Retirement Partners, Inc. (NRP), has expanded its scope yet again, marking a dozen acquisitions in the third quarter of this year.
Employers Shift Retirement Savings Burdens from Participants
A report from Deloitte Consulting found that the number of employers with auto-enrollment and easy enrollment features is on the rise.
IMHO: What Will Participants Do?
At the moment, the industry is scrambling to respond to the DoL’s call for comments on the proposed participant fee disclosure regulations by September 8.
The Bill Gets Bigger for UBS
UBS today announced a comprehensive settlement, in principle, for all clients holding auction-rate securities (ARS), for an estimated cost of $900 million.
Some Sponsors Aren’t Fee Sure
Nearly one-fourth of plan sponsors surveyed by Mercer express a lack of confidence that fees associated with their 401(k) plans have been properly disclosed.
AXA Launches Retirement Lifestyle Web Site
AXA Equitable Life Insurance Company launched a Web site designed for people near or at retirement.
One-Fourth of Sponsors Lack IPS
In a recent survey by Cowden Associates, 25% of defined contribution plan sponsors reported not having an investment policy statement (IPS).
Principal Releases Retirement Income White Paper
A new white paper from the Principal Financial Group helps financial professionals guide their clients to a personalized retirement income strategy, the company said.
Advisers See Tax Management Playing Bigger Role
An SEI poll released yesterday found that many advisers think they could do more for their clients in the realm of tax management.
Millionaires Return from Bearish Terrain
Spectrem Group said its Millionaire Investor Index rose and Affluent Investor Index remained unchanged during July.
The Changing Face of Advisory Firms
The growth of the dually registered adviser mirrors a trend toward incorporating more financial planning in the adviser industry.
The Hartford Program Helps Advisers Sell Retirement Plans
The Hartford’s Retirement Plans Group introduced the “No Gaps Four-Point Sales System†to help advisers sell the company’s qualified plans as part of their retail sales initiative.
More than Money?
You may put out a lot of fires every day, but odds are the public doesn’t appreciate it.
Securities America to Acquire Brecek&Young Advisors
Securities America Financial Corporation acquired Brecek&Young Advisors, Inc., a broker/dealer based in Folsom, California.
ExpertPlan Provides Co-Fiduciary Service
ExpertPlan partnered with Morningstar Investment Services to launch ExpertNvest, an investment management program providing fiduciary relief for 401(k) sponsors.
MassMutual Provides Customizable Asset Allocation Funds
MassMutual’s Retirement Services Division introduced a tool allowing employers and advisers to make plan-specific investment options available to participants based on a target retirement date and/or investment objective.
Advisers' Legal Responsibility Blurred for Investors
Standards investors have for their advisers differ greatly from the standards advisers are obligated to deliver, according to Cerulli Associates.
Lincoln Financial Advisors Names Regional Head
Lincoln Financial Advisors today named Matt Pratzner as managing principal of the Cherry Hill, New Jersey, and Exton, Pennsylvania, regions.
Bank Brokers Increase Fee-Based Sales
More bank brokers are selling fee-based products, but those sales are not boosting bank revenues, according to a study.
Advisers Concerned About Clients’ Retirement Preparedness
Think rising health care costs or the potential decreasing of Social Security benefits is the biggest threat to your client’s retirement security? You’re in the minority.