Tag: Fiduciary adviser

 Only half the clients of advisers surveyed have realistic expectations about the amount of income their investments will provide in retirement, Russell Investments found.  

A Los Angeles law firm has begun an investigation into the Chesapeake Energy Corporation Savings and Incentive Stock Bonus Plan.

The U.S. Department of Labor filed a lawsuit seeking to recover losses suffered by participants in the Parrot Cellular Employee Stock Ownership Plan (ESOP).

Assets in target-date funds (TDFs) grew to $380 billion by year-end 2011 and are targeted to reach $1.1 trillion in 2016.  

Beginning in April, a select group of Merrill Lynch financial advisers will offer defined contribution (DC) investment consulting services to manage fiduciary risk.

Stanley, Hunt, DuPree & Rhine Investment Advisers Inc. (SHDR-IA) is now offering retirement plan sponsors ERISA 3(38) fiduciary services.  

Citi released a white paper that details issues facing broker/dealers and registered investment advisers (RIAs) with delivering services to meet recommended changes to fiduciary requirements.

Matrix Financial Solutions is expanding its core mutual fund trading platform, offering advanced plan proposal and management features for financial advisers.

Securian Retirement introduced a Client Servicing Calendar for financial advisers looking for opportunities to prove their value to retirement plan sponsor clients.

Now that the Department of Labor’s (DoL) regulation for 408(b)(2) has been finalized, it is important for plan advisers to understand how the final ruling impacts them.  

 Fee disclosure regulations, in-plan guarantees, target-date strategies and retirement planning optimism will significantly impact the retirement plans industry in 2012, predicts Chuck Cornelio, president of Lincoln’s Retirement Plan...

Fiduciary Investment Advisors opened a Boston office at 112 Water St.

Partnering with a professional retirement plan adviser offers benefits for plan sponsors, according to a study for the Retirement Advisor Council. 

401k ProAdvisor is providing fiduciary reviews and cost analysis to assist retirement plan sponsors in evaluating upcoming fee disclosure information.

Security Benefit is launching SecurePoint Retirement, a 401(k) product with 3(38) investment management fiduciary protection from Mesirow Financial.

What will be the top four regulatory items for financial advisers to deal with in 2012? Josh Cohen and Ben Jones of Russell Investments shared their thoughts.

As financial professionals anxiously await the Department of Labor's next version of the fiduciary definition, Bradford Campbell, ERISA attorney and former head of EBSA, offered his insights today during...

Security Benefit Corporation, a Guggenheim Partners Company, has chosen Mesirow Financial to provide its customers with independent fiduciary services.

Transamerica Retirement Services has introduced an ERISA Section 3(21) fiduciary service to help retirement plan advisers and sponsors mitigate investment fiduciary risk.

The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) issued a final regulation regarding a new prohibited transaction exemption.