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Latest News

INVESTING

Bond Funds Continue to Dominate in December

Feb 08, 2010 -- Bond funds saw inflows of $29 billion in December, according to Strategic Insight (SI), an Asset International company.

RESEARCH

Many Sponsors Step up 401(k) Game in 2010

Feb 08, 2010 -- Less confident of their employees’ ability to sock away a sufficient retirement nest egg, mid- to large-sized companies in a new Hewitt Associates survey said they plan to step up their efforts in 2010 to help with that goal.

INVESTING

Mercer Finds Equity Markets End 2009 Strong

Feb 08, 2010 -- Mercer’s fourth-quarter 2009 Defined Contribution Universe Summary found gains in all equity markets during the period.

INVESTING

ETFs See Losses in January

Feb 08, 2010 -- Exchange-traded-fund (ETF) assets fell by $45.3 billion for the month, or 5.8%, according to State Street Global Advisors January 2010 ETF Snapshot.

PRODUCTS

RidgeWorth Launches Plan Adviser Web Site

Feb 08, 2010 -- RidgeWorth Investments has launched a new Web site that has an interactive, customizable retirement plan benchmarking tool and general resources that 401(k) advisers can use to help plan sponsors meet their fiduciary duty.

DEALS/PEOPLE

Lockton Announces Employee Benefits Practice Chief Consultant

Feb 08, 2010 -- Lissa Thomson has been promoted to senior vice president, chief consultant for Lockton Benefits Group's Southern California operations.

RESEARCH

BofA Merrill Lynch: Retirement Participants Boost Savings

Feb 08, 2010 -- 401(k) participants took positive savings actions within their retirement savings plans in Q4 and throughout 2009, according to the latest quarterly report from Bank of America Merrill Lynch.

COMPLIANCE

SEC Employees under Investigation for Watching Porn

Feb 08, 2010 -- The Washington Times reported that the U.S. Securities and Exchange Commission (SEC) has launched internal investigations against more than two dozen employees and contractors for viewing pornography on their government computers.

DEALS/PEOPLE

Thain Gets New Gig at CIT

Feb 08, 2010 -- John Thain, the former chairman and CEO of Merrill Lynch, is now the chairman and CEO of CIT Group Inc., which provides finance to small businesses and middle-market companies.

DEALS/PEOPLE

Stewart Joins PEI as Senior Consultant

Feb 08, 2010 -- Portfolio Evaluations, Inc. (PEI) recently hired Fred Stewart as a senior consultant based in the firm’s Atlanta office.

IMHO

IMHO: Goal Lines

Feb 08, 2010 -- Heading into Super Bowl weekend, a new report focused attention on another “contest.”

PRODUCTS

The Value Quotient Releases Fiduciary Management Solutions

Feb 05, 2010 -- The Value Quotient announced the release of CLIENTconnect, fiduciary management solutions delivered by financial advisers to their 401(k) and 403(b) clients.

COMPLIANCE

West Virginia Mulls State Retirement Plan for Small Businesses

Feb 05, 2010 -- The West Virginia Senate's Pensions Committee is discussing a plan to have the state set up retirement accounts for employees of small businesses.

PRODUCTS

Great-West Launches Guaranteed Income Investment Options

Feb 05, 2010 -- Great-West Retirement Services has introduced a new set of guaranteed income investment options.

SELLING

RIAs Focus on Practice Management in 2010

Feb 05, 2010 -- Now that the storm has subsided, independent advisers are putting more focus on their business, such as marketing and technology, according to a survey by TD AMERITRADE Institutional.


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Videos

What's Up With Target-Date Funds?

Fox Business News talks to PLANADVISER Editor-in-Chief Nevin Adams about target-date funds and the Automatic IRA.

Industry Movers

BarbaraHogg August 28, 2009 -- What can plan sponsors and advisers do to lessen the savings gap among racial and ethnic groups?
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