PRODUCTS Principal Launches Estate-Planning Tools for Advisers > March 11, 2010 -- The Principal Financial Group unveiled Web tools to help advisers with estate planning. RESEARCH Tax Advisers Expect More than a Third of Clients to Convert to Roth > March 10, 2010 -- A Fidelity Investments study found 40% of investors working with tax
advisers are now eligible for Roth IRA conversions, and more than a
third (35%) are expected to complete a conversion by year-end. PRODUCTS Fidelity to Offer Seminar on Tax-Diversified Retirement Portfolios > March 10, 2010 -- To help educate investors about the potential benefits of building a
tax-diversified retirement portfolio, Fidelity is launching a
"Tax-Smart Investing" seminar. PRODUCTS Schwab Offers Roth IRA Conversion Resources > March 10, 2010 -- Schwab is making additional resources and tools available to investors,
independent investment adviser clients, and 401(k) plan participants
designed to help navigate Roth IRA conversion decisions. DEALS/PEOPLE Baden Expands Reach of TPA Solutions > March 10, 2010 -- Baden Retirement Plan Services (Baden), an Ascensus company, is rolling
out its services nationally through Ascensus’ sales force of 12
regional vice presidents (RVPs). INVESTING DC Participants Sought More Risk in 2009 > March 10, 2010 -- Throughout much of the 2009 market rally, activity as measured by fund
flows within the Callan DC Index, was above average as participants
sought to increase their exposure to risky assets. INVESTING Transferring Participants Have a Fixed Sense in February > March 10, 2010 -- For a change, 401(k) participants who realigned their balances didn’t seem to be tracking the market. SELLING Advisers Look for More than Product-Pushing from Wholesalers > March 10, 2010 -- Amid the financial crisis, financial advisers reported they are increasingly relying
on internal wholesalers at asset management firms, according to a
study by the Financial Research Corporation (FRC). DIVERSIONS Men More Sexually Active Than Women Later in Life > March 10, 2010 -- Men are more likely than women to be sexually active later in life,
according to a new study conducted by University of Chicago researchers. DEALS/PEOPLE Fidelity Appoints Relationship Management Heads for Brokerage Units > March 10, 2010 -- Fidelity Investments has announced promotions at Fidelity Institutional
Wealth Services (FIWS), the firm’s trading, custody, and brokerage arm
for registered investment advisers (RIAs), and National Financial (NF),
the firm’s clearing unit for broker/dealers. |