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MassMutual Announces Registered Offering for Advisers, TPAs
MassMutual's Retirement Services Division unveiled a new registered product for 401(k), 401(a), and 403(b) plans with assets of $1 million or more using a third-party administrator (TPA).
S&P Announces Housing ETFs
Standard&Poor's has licensed MacroMarkets LLC to launch exchange-listed products based on the S&P /Case-Shiller Home Price Indices.
MassMutual Offers 403(b) WebEx Session
MassMutual will present a one-hour WebEx session Thursday and next week for its clients.
Putnam Begins Payouts for Market-Timing Settlement
Putnam Investment Management, LLC, will pay the first distribution of $40 million to compensate its mutual fund investors affected by undisclosed market timing and excessive short-term trading.
OppenheimerFunds Releases Enhancements to Pinnacle Platform
OppenheimerFunds, Inc. (OFI) Retirement Services Division announced the launch of a Form 5500 tool for advisers alongside other products for participants, sponsors, and advisers.
MassMutual Reports Success with Wireless Enrollment Product
MassMutual's handheld e4 technology has delivered an average on-site enrollment rate of 92% among those who previously were not contributing.
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.
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More Than Meets The Eye
A partnership with a TPA offers much more than a plan administrator
Pax Fined $500k in SRI Violations Case
A New Hampshire socially responsible investment (SRI) money manager has agreed to a $500,000 settlement with federal regulators in charges it improperly bought securities despite its own SRI...
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.
Lincoln Offers Morningstar Managed Accounts Service
Lincoln Employer Markets, a division of Lincoln Financial Group, launched Morningstar Retirement Manager, including Morningstar Associates’ 401(k) managed accounts service.
Former UBS Broker Sues Firm
A former UBS broker filed a lawsuit against the firm, alleging it forced him to resign for cooperating with regulators, the Boston Globe reported.
Natixis Names Vice President of Institutional Services Division
Natixis Global Asset Management, L.P. (NGAM) announced that Paul C. Anderson has been named vice president of its Institutional Services division.
Schwab Platform To Aid Adviser Transition to Independence
Schwab Institutional announced enhancements to its package for start-up registered investment advisers (RIAs).
Sun Life Upgrades Business Succession Planning Program
Sun Life Financial Inc. announced enhancements to its program for succession planning.
Feldmaier Boards MassMutual Retirement Services
William Feldmaier joined MassMutual’s Retirement Services Division as managing director of institutional sales, according to a press release.
MassMutual To Host Free Adviser Webcast About Non-profit Market
MassMutual's Retirement Services Division is offering a free WebEx session exclusively for retirement plan advisers to discuss 'Opportunities in the Nonprofit Market.'