Products September 21, 2007

The Standard Offers Fee Education to Participants

The Standard is making a new fee education campaign available to employees of its retirement plan clients.
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“Getting the Most from Your Plan: a Participant’s Guide to Retirement Plan Fees,’ describes the services covered by retirement plan fees, with examples and illustrations, a company announcement said. The guide also educates participants about the potential negative effects and costs associated with taking loans and early withdrawals from their retirement plan.

“Understanding how plan fees work, their impact on investment earnings and how to avoid or eliminate some fees are all critical to becoming an informed investor,” said Sheri Fitts, director of communications and large case sales, in the announcement.

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Earlier this year, The Standard created a similar educational campaign for plan sponsors, entitled “A Plan Sponsor’s Guide to Retirement Plan Fees.’

Both the plan sponsor and plan participant guide are available for viewing or downloading by visiting retirement.standard.com.

Deals & People September 21, 2007

Columbia Management Gets New CIO

Columbia Management has appointed Colin Moore as chief investment officer, expanding his role as head of equity to include responsibility for all investment activities.
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He will also be responsible for spearheading the development and implementation of Columbia’s proprietary alternative investment product offering.

Moore joined the company in 2002 from Putnam Investments, where he was chief investment officer for global and international equities. He will now report to Keith Banks, president of Columbia Management, according to a press release.

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“Colin and his team have done a terrific job building a disciplined investment process in equities and have driven Columbia’s performance to a higher level,” said Banks, in the release. “Colin’s new role will enable him to broaden his impact across the entire investment platform.”

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