Products June 17, 2011

DoL to Host Spanish-Language Advice Webcast

The U.S. Department of Labor’s (DoL) Employee Benefits Security Administration will host a free Spanish-language retirement savings Webcast on June 22. 
Reported by

The first ever Spanish-language “Guide to Retirement Saving” Webcast will offer free advice on money management and saving for retirement. The event will be co-sponsored by the Certified Financial Planner Board of Standards Inc. in coordination with the National Council of La Raza.

The Webcast will help participants get started with saving for retirement by explaining how to set goals and make saving a personal priority.  It is designed to provide money management advice for younger workers who are interested in starting to save now as well as those individuals who are close to retirement.

Never miss a story — sign up for PLANADVISER newsletters to keep up on the latest retirement plan adviser news.

“We are very pleased to add a Spanish Webcast to our ongoing series of financial education events,” said Assistant Secretary of Labor Phyllis Borzi. “Now, more than ever, it is important that we reach as many workers as possible and let them know about the steps that can be taken today to ensure their future financial security.”

The Webcast will be hosted on Wednesday, June 22, from 2:30 to 4 p.m. EDT. Participants can register here.

Deals & People June 17, 2011

Sentinel Partners with Crow Point as Subadviser

Sentinel Investments announced that Crow Point Partners, LLC, will subadvise the firm’s Sentinel Mid Cap Value Fund (SYVAX, SYCVX, and SYVIX).
Reported by

Sentinel will enter into an interim subadvisory agreement with Crow Point effective August 17, 2011, for a period lasting up to 150 days, the company announced. Crow Point’s appointment as subadviser to the fund requires shareholder approval following a vote at a special shareholder meeting tentatively scheduled for late summer.  

Effective with shareholder approval of Crow Point, the fund’s Board of Directors approved an updated investment strategy that includes a focus on selecting income-generating stocks when consistent with the fund’s investment objective. The fund will continue to seek its investment objective of long-term capital appreciation. 

For more stories like this, sign up for the PLANADVISERdash daily newsletter.

“At Sentinel, we put performance front and center. We have found in Crow Point a firm exercising original thought and dedicated to smart investing,” said Christian Thwaites, president and CEO of Sentinel. “Crow Point’s investment knowledge and risk management makes them a great addition to our team.” 

«