Tag: Recordkeeping

To empower employers and provide them with actionable information about their plan participants’ retirement readiness, Putnam Investments is making its Lifetime Income Score available more broadly to the...

Nationwide Financial Services, Inc. has expanded its retirement plan offerings with a new product “designed by and for retirement plan specialist advisors.” 

Including a retirement plan provider’s affiliated funds as part of a plan’s investment lineup is not a fiduciary conflict of interest or prohibited transaction under ERISA, writes ERISA...

As part of its strategic focus and growth plans, Transamerica Retirement Services plans to roll out a 3(21) fiduciary service with Mesirow Financial.

Ross Plumberg has been appointed Great-West Retirement Services’ regional 401(k) sales director for Kansas, North Dakota, and South Dakota.

Recordkeeping firm Benefit Plans Plus (BPP) has promoted Wes Rommerskirchen to Supervisor.

The Principal has launched a new program that is designed to help plan sponsors save time and money, and reduce the burdens of retirement plan administration.

Ascensus announced a partnership with Edward D. Jones & Co. to offer its open-architecture retirement plan platform, SingleSource, to a wider client base.

Pension Specialists, Inc. (PSI) has acquired Human Capital Services, a division of RSM McGladrey, Inc., and the new entity will be rebranded as Verisight, Inc.

Pioneer Investments is partnering with Fiduciary Benchmarks, Inc. (FBi), a consulting firm specializing in providing plan fiduciaries with information on the reasonableness of fund fees.

The headlines last week were all about how new legislation had been introduced to cut down on the “leakage” from 401(k) plans. 

Bank of America Merrill Lynch’s Retirement & Benefit Plan Services quarterly report on plan participant contribution activities found many plan sponsors are using a combination of automated and...

Three things every adviser (and provider) wishes plan sponsors understood about recordkeeping conversions:  

Paychex, Inc., a provider of payroll, human resource, and benefits outsourcing solutions, has acquired ePlan Services, Inc., a provider of recordkeeping and administrative solutions to the defined contribution...

Bank of America Merrill Lynch’s Advisor Alliance program now has partnerships with 12 recordkeeping partners.

CPI Qualified Plan Consultants, Inc., added the Westcore Funds family of mutual funds to its retirement plan platform.

Beginning in April, plan sponsors will be able to produce plan menus that provide access to 20 strategies internally managed by Hedgeable.

Jackson National Life Insurance Company developed an online tool to help advisers build customized investment portfolios for their clients.  

Wells Fargo’s Institutional Retirement and Trust business has successfully completed all phases of its retirement systems conversion.