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retirement income
Funds Move to the Next Level
New mutual fund products aim to help investors in the decumulation phase
sales champ
The Kieckhefer Group, RBC Wealth Management
(Rob Kieckhefer, Janet Ganong, Brian Kertscher, Darlene Roslawski, Meghan Madigan) Milwaukee, Wisconsin
Could Perfect Pats Pummel Portfolios?
Perfection is a rare thing, particularly in sports.
Putnam Announces Fund Manager Shifts
Putnam Investments has announced its Global Asset Allocation (GAA) Team will assume responsibility on an interim basis for Putnam Voyager Fund and Putnam Growth Opportunities Fund.
AIG Settles Producer Compensation Investigation for $12.5M
American International Group, Inc. (AIG) has reached settlements with nine states and the District of Columbia relating to industry-wide investigations into producer compensation and insurance placement practices.
Claymore Securities Tool Helps Advisers with Client Recommendations
Claymore Securities, Inc. has introduced a Web-based tool designed to help financial advisers recommend asset investment strategies to their clients.
Appellate Court Splits with Sister Court on 401(k) Breach Remedies
As the U.S. Supreme Court ponders whether a 401(k) participant can pursue a fiduciary breach suit on behalf of himself rather than on behalf of the plan, a...
IMHO: Spend Thrift?
With lightning speed, the House managed to cobble together an economic stimulus package last week, the Senate will take it up this week, and President Bush seems eager...
New S&P Indexes Track Stocks With Dividend Opportunities
Standard&Poor’s has launched the S&P Dividend Opportunities Indices, two new indexes designed to “provide investors with exposure to high yielding stocks throughout the world.″
MassMutual Adopts New Model for Adviser and Plan Sponsor Services
MassMutual has adopted an enhanced regional model for its adviser and plan sponsor service operations that it says offers enhanced synergy between sales and service both before and...
TIAA-CREF Unveils Retirement Income Fund
TIAA-CREF has introduced the Lifecycle Retirement Income Fund, intended for investors who are nearing retirement, are looking to roll over assets to an IRA from a retirement plan,...
Fiduciary Breach Suit over ‘Transfer Adjustment’ Fee Allowed to Proceed
A federal judge in Indiana is allowing a Merrillville, Indiana law firm to continue with its lawsuit against its 401(k) investment managers and recordkeeper over the amount of...
New CPI Division Assists 403(b)s with Vendor Management
CPI Qualified Plan Consultants, Inc., has created a new division to offer common remitter and compliance services to 403(b) retirement plan sponsors.
FundQuest Hires Director of Retirement Management Solutions
FundQuest, a global provider of managed account investment solutions for financial institutions and advisers, has hired Leslie Prescott as Director of Retirement Management Solutions.
Online 401(k) Adds Auto Plan Features
The Online 401(k) will now offer automatic plan features to its small and single-proprietor business clients.
Supreme Court Ruling Limits Shareholders’ Ability to Sue
The U.S. Supreme Court has ruled that defrauded shareholders should not necessarily be allowed to sue advisers, lawyers, accountants, and vendors that serve the company that committed the...
PLANSPONSOR Announces Finalists for 2008 Retirement Plan Adviser of the Year Award
Today, PLANSPONSOR announces the finalists for its annual Retirement Plan Adviser and Adviser Team of the Year awards.
IMHO: Trading Places
Back in 2003, when then-New York Attorney General Eliot Spitzer launched his investigation into mutual fund trading practices, two distinct areas were highlighted.