Tag: Practice management

LiveWell Models, a series of risk-based asset class model portfolios created for the LiveWell Retirement Series, were introduced by Sammons Retirement Solutions Inc.

Goldman Sachs Asset Management LP (GSAM) has repositioned the Goldman Sachs Balanced Fund as the Goldman Sachs Income Builder Fund (Class A Shares: GSBFX).

Mary Schapiro, chairman of the Securities and Exchange Commission (SEC), said Wednesday the commission called off a vote to reform the structure of money market funds.

Participants who choose their own investment options are generally exposed to greater risk than target-date fund (TDF) investors, according to research from Principal Financial Group.

What do crash test dummies talk about when they’re not crash-testing vehicles? Apparently they share tips on saving for a secure retirement.

ING U.S. Investment Management introduced a customizable liability-driven investing (LDI) collective trust solution to assist plan sponsors with matching assets to future benefit payments.

SCI Companies enhanced its 401(k) solutions in an effort to increase participation rates for its clients.

Ron Rhoades, the chair-elect for the National Association of Personal Financial Advisors (NAPFA) for 2012-13, announced he would resign.

Russell Investments has seen a marked uptick in interest in investment outsourcing from larger corporate defined benefit (DB) plans.

Nearly half (45%) of U.S. employers expect to benefit from Baby Boomer employees who prolong their careers past age 65.

CPI Qualified Plan Consultants Inc. combined its six regions into three divisions: Northeastern, Central/Southeastern and Western.

Fifty-six percent of employees estimate they waste up to $750 because of mistakes made with insurance benefits elections, according to research.

 Client360° Trading, a new platform for the firm’s Client360° suite of tools, was rolled out by Commonwealth Financial Network, a registered investment adviser.   

Retirement plan participants are demanding electronic education, debunking the myth that participants are not engaged in their savings. 

Fidelity Investments has launched Plan for Life, an enhanced retirement planning solution.

 Less than one-fifth (18%) of people increased their retirement savings in 2012, a rise from the 15% that did so in 2011.     

Honest and practical education, social media communications and proper incentives will result in increased retirement plan participation for Generation Y employees.

 Varcity Kariuki was appointed executive director and client portfolio manager at J.P. Morgan Asset Management in New York.   

 Michael E. Morris joined 401(k) Advisors, an independent retirement plan consulting firm, as a managing director for the Mid-Central region.   

More than half of employers surveyed (55.6%) report that the effectiveness of their benefits communication efforts has improved during the last three years.