BMO Global Asset Mgm’t Extends Brand to M&I Lines
The three primary lines of business in the former M&I Institutional Trust Services will be renamed to reflect their integration into BMO’s global businesses.
Tag: Recordkeeping
SCI Companies Enhances 401(k) Solutions
SCI Companies enhanced its 401(k) solutions in an effort to increase participation rates for its clients.
Fiduciary Benchmarks Provides Fee Benchmarking for ExpertPlan
Fiduciary Benchmarks (FBi) will provide 408(b)(2) summary disclosure documents and independent third-party benchmarking to ExpertPlan’s 16,000-plus clients.
Relationship Management Key to Recordkeeper Success
Large defined contribution (DC) plans with more than $5 billion in assets are likelier to stay with a recordkeeper for at least seven years, a report found.
IRA Financial Group Unveils 401(k) Recordkeeping Service
Targeted at small businesses, 401KAdministrationServices.com provides specialized full-service 401(k) plan recordkeeping services.
Compliance 2.0: Social Media
Social media offers an opportunity to build your brand. But send a seemingly innocent tweet – or “like” the wrong Facebook page – and you could step into...
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Guiding Plan Sponsors
How recordkeepers and advisers can work together to form a “dream team”
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Closing the Gap
How do plan sponsors and participants address a lack of retirement savings?
More Participants Choosing Professionally Managed Investments
One-third of all 401(k) plan participants in plans recordkept by Vanguard invested their entire account balance in a professionally managed asset allocation and investment option in 2011.
J.P. Morgan Announces Recordkeeping Solution
J.P. Morgan Asset Management, with alliance partner FASCore, launched an offering to provide recordkeeping solutions to the small to midsize retirement plan market.
ExpertPlan Takes on Recordkeeping Business
ExpertPlan has completed its acquisition of US Retirement Plan Recordkeeping LLC’s (USRP) existing recordkeeping plan business.
BMO Rebrands Retirement Business
BMO Global Asset Management has rebranding its defined contribution services business, now known as BMO Retirement Services.
J.P. Morgan Paid $384 Million in Arbitration Loss
J.P. Morgan Chase paid $384 million to American Century Investment Management after losing an arbitration over accusations of breaches related to the bank’s purchase of American Century.
408(b)(2) Poses Concerns For B/Ds, Small-Plan Advisers
Some industry experts are concerned that covered service providers will misinterpret the Department of Labor’s (DoL) 408(b)(2) regulation guidance about using ranges to estimate indirect compensation.
The Standard Adds Fiduciary Services
Standard Retirement Services, Inc., has added to the fiduciary protection available through its retirement plan services.
Study Finds Decreasing Numbers of Provider Changes
Retirement plan sponsors who conduct marketplace reviews with finals presentations are 55% more likely to remain with their current provider today than they were as recently as four...
Putnam Grows Adviser-Focused Sales Team
Putnam Investments has added three to its adviser-focused defined contribution sales team, and says more hires are to come.
Alliance Acquires Brown Edwards
Alliance Benefit Group Carolinas Inc., a subsidiary of Pentegra Services Inc., is acquiring Brown Edwards & Associates Ltd.’s qualified plan administration business.