Products

Aon Hewitt has launched SimPlus Savings, a suite of services aimed at assisting retirement plan sponsors and fiduciaries with plan-related tasks.

Investment analytics firm ClearVest opened its unified investment management platform to investors and financial advisers seeking access to alternative investments.

Prudential has launched Prudential Day One Funds, its target-date fund series.

Alliance Benefit Group-Illinois (ABG-IL) has released an application to keep interested parties updated on plan contribution limits.

State Street Global Exchange expanded participation in the Wilshire Trust Universe Comparison Service (TUCS).

Community Bank System, Inc., through its subsidiary Benefit Plans Administrative Services, Inc. (BPAS), reached an agreement to acquire an actuarial and consulting practice from EBS-RMSCO, Inc.

Asset management firm MFS launched two mutual funds designed to provide equity exposure with less overall volatility.

Transamerica Retirement Solutions released a new mobile application that allows plan advisers and financial consultants to directly compare retirement plans.

Investment and consulting solutions provider AssetMark released a business assessment tool to help advisers measure practice values and identify growth opportunities.

Twenty TIAA-CREF mutual funds are now available through the Merrill Lynch Wealth Management and Merrill Edge investment platforms.

Principal PlanWorks, from The Principal Financial Group, is designed to improve the retirement readiness of retirement plan participants.

Investment service provider BNY Mellon released a liquidity administration service as part of its fund-of-hedge-funds (FoHF) offering.

Wealth Management Systems Inc. (WMSI) expands to Franklin Street.

Horizons ETFs Management (USA) LLC launched the Horizons S&P Financial Select Sector Covered Call ETF.

Paychex Inc. added Mid Atlantic Trust Company’s ModelxChange Web-based model portfolios for its retirement recordkeeping services clients.

Sustainable investing firm Calvert Investments launched an application to increase awareness around global water challenges and investment opportunities.

LPL Financial LLC added the Millennium Trust Company’s automatic rollover solution to its Worksite Financial Solutions retirement planning services platform.

The financial software developer launched The Enterprise Retirement Planner, which allows advisers to generate and distribute personalized retirement plans and produce plan sponsor scorecards.

Mercer and the Stanford Center on Longevity released the first article in a series on the challenges facing workers and employers in generating retirement income.

Three retirement research and education firms released a business diagnostics report providing guidance on how to build a successful group retirement advisory practice.