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The Hartford Adds 457 Plan Sales Reps
The Hartford Financial Services Group, Inc. hired three regional sales representatives.
ASPPA Requests Audit Relief for 403(b)s
ASPPA and a group of 403(b) plan professionals have renewed their appeal to the government for additional relief for 403(b) sponsors struggling to meet new compliance requirements of...
Paluch Joins Transamerica Team
Transamerica Retirement Services has hired William Paluch as regional vice president in the company’s Central Region.
Guggenheim Partners Launches Advisory Services
Guggenheim Partners, a financial services firm, established the Guggenheim Investment Advisory division to serve the needs of investment advisers and other financial intermediaries.
ABG Carolinas Joins Pentegra
Alliance Benefit Group Carolinas has become a division of Pentegra Retirement Services.
Bamonte Named Union Bank Institutional Manager
Marianne Bamonte, a veteran of the custody, investment, and trust services industry, has been named manager of the Institutional Services division at Union Bank.
AUL Retirement Services Adopts Advent Software
The retirement services division of American United Life Insurance Company (AUL) announced today that it will offer Advent Custodial Data (ACD) to its advisers.
New Regulations Main Cause for Concern at Hedge Funds
Hedge fund CFOs say addressing new regulatory requirements and meeting evolving investor expectations are the biggest challenges for 2011, according to a poll by SEI.
MMA Acquires Ga. Benefits Brokerage
Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has acquired Strategic Benefit Solutions, Inc. (SBS).
CAPTRUST Snags Holmes Murphy Adviser Team
CAPTRUST Financial Advisors has announced the acquisition of another adviser team.
Hocker Gets Job with First Allied
First Allied Securities, an independent broker/dealer, hired Guy J. Hocker as Senior Managing Director of its pension services division.
Wirehouse Managed Account Marketshare to Shrink
Cerulli Associates’ latest report predicts that wirehouse firms' managed account marketshare will fall to 50% by 2014.
MassMutual Improves Plan Document Management
MassMutual's Retirement Services Division announced improvements to its system for third-party administrators (TPAs) that automates and simplifies plan document processing.
Senators File Brief in Health Reform Challenge
Senate Minority Leader Mitch McConnell (R-Kentucky) and 32 other GOP senators filed a brief on Thursday in favor of a court case challenging health care reform.
New President for Morningstar's Global Investment Management division
Morningstar, Inc. announced that Peng Chen will be taking up the post, leaving his current role as president of Morningstar's Ibbotson Associates unit.
Schwab Unveils International Collective Trust
Charles Schwab Bank, a trust and custody service provider to 401(k) and other retirement plans, has added the Schwab Institutional Diversified International Trust Fund to its suite of...
IRS Lays Out its Employee Plans Agenda
When it comes to employee benefit plans, the Internal Revenue Service (IRS) has laid out its work plan for next year.