Tag: Retirement Plan Industry

According to the 2011 Wells Fargo Retirement Plan Sponsor Survey, 50% of companies have not measured their employees’ retirement progress.

Michael Rasmussen joined The Segal Company’s public-sector health practice in Atlanta as vice president and consulting actuary.  

Mercer released the e-book “What’s Working Around the World.”

Along with a survey, Genworth Financial launched an advisers’ app with 2012 data on the costs of long-term care.  

Transamerica Retirement Services appointed Darren Zino as division vice president of the company’s mid-Atlantic region.

Confidence in retirement savings and overall financial security both dropped one point, to 57% and 41%, respectively, according to Country Financial’s Security Index.   

 Plan automation solutions play a key role in the plan design process, a survey found.  

American households could face an income drop of 28% in retirement. 

CPI Qualified Plan Consultants, Inc., added collective investment funds (CIFs) and exchange-traded funds (ETFs) to its retirement plan platform. 

Littler Mendelson PC (Littler) added three attorneys to the firm’s expanding Employee Benefits and Executive Compensation Practice.  

State Street Global Advisors (SSgA) launched SSgA Upromise 529 Plan.

Aria Retirement Solutions, a provider to independent registered investment advisers, announced Tim Pfeifer joined its board of directors. 

Morgan Keegan and Co. Inc. agreed to pay $633,715.46 to 10 pension plans covered by the Employee Retirement Income Security Act (ERISA).  

Retiring Baby Boomer business owners to the north are far more active in preparing for retirement compared with the average Canadian.  

Sixty-nine percent of investors between the ages of 21 and 50 plan to work either part-time or full-time during their retirement years.

U.S. employers have lost confidence that employees will have sufficient retirement assets when they leave the workplace.

A U.S. Court of Appeals affirmed a district court’s ruling that United States Steel Corporation employees had no claim that their plan administrator violated provisions of ERISA.  

The Financial Services Institute (FSI) announced it expanded its advocacy agenda to include retirement and tax issues.  

MassMutual's Retirement Services Division announced three new sales directors to its sales and client management organization.

A federal appellate court reversed its stance in a case alleging Ameriprise charged mutual fund investors excessive fees.