Survey: Retirement Plan Cutbacks to Stay in 2010
A majority of employers that made changes to their retirement plans in response to the economic downturn expect to keep those changes in 2010, according to a new...
Tag: Plan providers
MassMutual Offers Virtual Tour of Services
MassMutual's Retirement Services Division has introduced a new online virtual site visit that lets retirement plan advisers and existing and prospective plan sponsors "experience" MassMutual from their home...
LTC Buyers Older, More Cost-Conscious
Purchasers of group long-term-care insurance tended to be slightly older in 2009, and an increasing number selected less costly policy features, according to a new study.
Investors Not Buying Traditional Retirement View Plugged by Providers
The retirement picture marketed by providers and the retirement reality for many Americans are two different stories, a new report suggests.
AUL Retirement Services Launches Management Account Product
The Retirement Services division of American United Life Insurance Company (AUL ), a OneAmerica company, has launched St. Louis-based R.T. Jones Capital Equities Management, Inc.’s ARTESYS management account...
Wells Fargo Wins Some, Loses Some in Self-Dealing Case
A federal court judge has certified as a class action a lawsuit against Wells Fargo over offering mutual funds from one of its affiliates as 401(k) plan investments.
Court Finds Principal not a Fiduciary in 401(k) Rollover Case
A federal district court recently denied class certification in a lawsuit relating to the rollover of funds from 401(k) plans nationwide for which Principal Life Insurance Company provided...
Securian Redesigns Retirement Site for Advisers
Securian Retirement said its site for financial advisers now offers “goal-based” navigation to help advisers get the information they need faster.
Great-West Adds Sales Director in Northern Texas
Great-West Retirement Services has appointed Todd Champney as regional sales director based in Dallas.
AUL Offers Stable Value Investment Option
American United Life Insurance Company (AUL) has launched the AUL Stable Value Account for select AUL participants.
The Hartford Realigns to Be More Customer-Centric
At its investor meeting last week in New York City, The Hartford Financial Services Group, Inc., announced a new organizational structure the firm said would help to execute on key...
servicing strategies
The Big Picture
Getting participants to swallow a more holistic approach to planning requires employers, employees, and advisers to get it together—and get in touch with reality
PEO Provider Pairs with The Hartford for 401(k)
Smart-Tek Automated Services, Inc., has signed an agreement to offer its client employees a 401(k) plan through The Hartford Financial Services Group, Inc.
The Principal Announces Return of Retirement Regional Vice President
Randy Blanchetti has reassumed the role of regional vice president of the southeastern region for Retirement and Investor Services at The Principal.
Securian Offers Paperless Participant Statements
Securian Retirement's quarterly retirement plan statements for employees are moving from mailboxes to inboxes.
The Principal Enhances Services for Advisers
The Principal Financial Group announced an enhanced platform of tools, services, and pricing for financial professionals.
NYLife Retirement Adds to Sales Staff
New York Life Retirement Plan Services has added three new executives to its sales organization.
The Hartford Expands DCIO Sales Force
The Hartford said it has expanded its team of sales consultants who serve the investment needs of defined contribution plans "as part of a broader strategy to continue...
BofA Merrill Hires Director to Expand Consultant Services
Bank of America (BofA) Merrill Lynch announced senior leadership appointments and new resources aimed to increase the firm’s reach with institutional consultants.
Putnam Makes Available Roth IRA Conversion Evaluator
Putnam Investments is making its interactive Roth IRA Conversion Evaluator available to both advisers and their clients.