Ceridian Partners with Invest n Retire for 401(k) Offering
Two providers have teamed up to offer a new 401(k) services.
Tag: Recordkeepers
BofA Merrill Introduces Financial Wellness Tool
Bank of America Merrill Lynch is introducing a tool to its 401(k) plan sponsor clients designed to monitor and score the "financial wellness" of employees enrolled in their...
MassMutual Introduces RetireSmart Statements for Participants
MassMutual's Retirement Services Division has announced plans to introduce its new RetireSmart participant statement later this year.
Mercer: DC Plan Recovery not as Strong for Older Participants
Mercer reported that as of year-end 2009, nearly 70% of defined contribution participant balances have returned to levels prior to the stock market declines of 2008 and early...
Market Continues to Move Participants
Once again, 401(k) participants that were inclined to rebalance their accounts tended to chase the market.
Fidelity Says Participant Balances Gained Good Ground in 2009
Fidelity Investments' 401(k) highlights from 2009 showed that many participants recouped much of their losses from 2008.
Hartford Agrees to $13.8M Revenue-Sharing Case Settlement
The Hartford Life Insurance Co. will pay $13.8 million to settle a four-year-old fiduciary breach suit over revenue-sharing payments from mutual fund companies.
AUL Retirement Hires VP of Product and Marketing Strategy
The Retirement Services division of American United Life Insurance Company (AUL), a OneAmerica company, announced Peter Welsh has been named to the newly created position of vice president...
Consultant Choice Affects Investment Strategy at DC Plans
A study affirms the idea that defined contribution (DC) plans could end up with differing plan design features and results depending on the choice of service providers such...
MassMutual Adds to Sales Team in South/Central Division
Dan Caple has joined MassMutual's Retirement Services sales team in the South/Central Division.
ING Program to Help Advisers, TPAs Build Businesses
ING’s U.S. Retirement Services business has unveiled a business-building program for advisers, consultants, and third-party administrators (TPA) for small- and mid-sized corporate retirement plans.
Ascensus Names VP for Rocky Mountain Region
Ascensus has bolstered its sales force with an additional Regional Vice President, Josh Haynes, who will focus on the company’s "Rocky Mountain" territory.
Participants More ‘Into’ Retirement Savings
MassMutual's Retirement Services Division released data indicating that participants in its retirement plans are taking a calmer, longer-term approach to their retirement saving plans.
Workers Open to Automatic Features in Retirement Plans
Most American workers feel unprepared for retirement and are open to making changes to retirement plans, such as implementing automatic features, according to a new survey by Prudential...
Fidelity Alum to Head New York Life Retirement Plan Services
New York Life Investments has announced that Drew Lawton will replace Don Salama as head of New York Life Retirement Plan Services (RPS).
Lawson Bows Out as Fidelity Number Two
After three years as second in command at Fidelity Investments, President Rodger Lawson has announced he will step down from the post at the end of March.
Advisers Say Clients Still Confident in Ability to Retire
Despite reports that many Americans are delaying retirement, the majority of surveyed advisers said their clients’ confidence in their ability to retire remains steady.
ING Wins Minnesota Retirement Plan Business
ING Institutional Plan Services Group will be the administrator for Minnesota's 457 deferred compensation plan.