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RetireHQ Helps Recordkeepers Collect Participant Data
RetireHQ LLC is a new entity offering third-party administrators (TPAs) a streamlined interface for managing participant contribution and census data and plan documents.
Perspective: Strategies for Revenue Enhancement
Growth opportunities aren’t what they used to be in the retirement planning business.
UBS Unveils New Market Neutral Strategies
UBS Global Asset Management launched its US Fundamental Equity Market Neutral strategy - one of a relative few market neutral strategies based on fundamental analysis, rather than quantitative...
Calling Steve Bartman….
Boston Red Sox fans finally got to see their dreams come true (twice) – and the Chicago White Sox finally overcame their World Series jinx going back to...
Mutual Funds, Watch Your Backs
The latest Cerulli Edge U.S. Asset Management Edition suggests that while the demand for mutual funds remains strong, other solutions are gaining ground.
Prudential Adds Investment Choices for Variable Annuities
Prudential Annuities introduced three new turn-key asset allocation investment options for variable annuity clients.
Schwab Names Bettinger as CEO
The Charles Schwab Corporation has tapped Walter W. Bettinger II as its new CEO effective October 1, the company said.
Securian Adds Investment Options
Securian Retirement Distributors has made available 10 new investments for qualified retirement plans.
Wholesalers Gravitate to Hybrid Model
Motivated by profit and the changing needs of advisers, hybrid wholesaling is gaining traction in the marketplace.
Advisers Need to Reach Out to Women
Whether in the institutional or retail space, advisers might need to reevaluate practice models to better incorporate the ever-growing market of women.
EBSA Issues New Participant Disclosure Regulations
Federal regulators on Tuesday unveiled the long-awaited final portion of their three-part plan disclosures regulatory package that calls for sponsors of employee-directed plans to supply participants with basic...
Another Circuit Agrees Cashed-out Participants Have Right to Sue
The 1st U.S. Circuit Court of Appeals became the latest federal appellate court to decide that former employees who allege that fiduciary breaches reduced their lump-sum distributions from...
Prudential Issues 403(b) Guide
Prudential Retirement has issued a new Planning and Resource Guide to help its 403(b) clients manage plan transitions in the new regulatory environment.
Calculator Shows Consequence of Cashing Out 401(k)s
RolloverSystems Inc. now offers an online calculator that workers who are laid off, switching jobs, or struggling financially can use to determine how much money they will receive...
SSgA Launches 10 International Sector ETFs
State Street Global Advisors (SSgA), the investment management arm of State Street Corporation, launched 10 SPDR exchange-traded funds (ETFs).
Fixed-Income Players React to Credit Crisis
Institutional investors are becoming more hands-on in their fixed-income investing, a study says.
Lincoln Reorganizes Employer, Individual Markets
Lincoln Financial Groups realigned its Employer Markets and Individual Markets divisions into two new divisions: Retirement Solutions and Insurance Solutions.
PSA Acquires Alliance Benefit Group Office
PSA Insurance&Financial Services acquired the Baltimore office of Alliance Benefit Group Mid-Atlantic (ABG), the company said.
Principal Releases Business Insurance Product
The Principal Financial Group released Variable Universal Life Income IISM (VUL Income II) to address the retirement income challenges for small- and mid-sized businesses, the company said.
Wal-Mart Answers Excessive 401(k) Fee Allegations
In response to participant allegations, Wal-Mart said ERISA doesn’t require fiduciaries to select the cheapest option.