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Software Lets Advisers Depict Full Value of Employee Compensation
Benefits advisers, consultants and third-party administrators (TPAs) are now able to produce branded total compensation statements easily and inexpensively for clients with the release of new software.
Meridian Offers Investment Advice to 401(k) Participants
Meridian Business Group is offering advice to 401(k) plan participants who are unsure how to allocate funds, balance their investments, or investigate investment options through its Retirement Asset...
Opportunities Abound for Advisers in Distribution Marketplace
Financial advisers will have many opportunities to win rollover dollars away from retirement plan providers as outflows from 401(k) plans increase and traditional plan providers do not have...
BGI Files for High-Yield Corporate Bond ETF
Barclays Global Investors filed with the Securities and Exchange Commission (SEC) last week to offer the first exchange-traded fund (ETF) that tracks the high-yield corporate bond market.
Schwab Institutional Releases Two Reports to Help Independent Advisers
In conjunction with Moss Adams LLP, a provider of management consulting services to advisory firms, Schwab Institutional has released two reports to aide independent investment advisers with organization...
IMHO: Exit Strategy
This past week, we passed the “anniversary″ of the commencement of bombing strikes in Operation Desert Storm (1991). Now, I was too old—and my kids too young—to have...
Commonwealth Financial Adds New Variable Annuity to Platform
Commonwealth Financial Network now offers Jefferson National Life Insurance Company’s flat-insurance fee variable annuity on its platform, the firms announced last week.
Vanguard Adds Structured Value Fund
The Vanguard Group on Thursday announced the launch of the Vanguard Structured Large-Cap Value Fund.
State Street Gives Retirees Access to Financial Information
State Street Corporation has come out with a Web-based tool that gives retirement plan participants direct and secure access to personal payment information and account transactions.
Fred Alger Management Settles Market Timing Case
Fund manager Fred Alger Management Inc., has agreed to a $45 million settlement of charges it engaged in a “massive″ market timing scheme that benefited favored investors.
PVG Asset Management Opens Hedged Portfolio to 401(k) Participants
Colorado-based PVG Asset Management Corporation has made its Hedged Portfolio Management accounts available to 401(k) plans and participants.
Multi-manager Product Growth Surpasses $1.3T
Assets in multi-manager products grew by 40% during 2005 to exceed $1.3 trillion, according to the recent Cerulli Quantitative Update, Global Multi-manager Products 2006.
Workers Plan to “Downshift″ Into Retirement
Retirement for many Americans these days is not a matter of suddenly exchanging employment for a quiet life of leisure; instead, a majority of Americans age 40-69 expect...
Principal and WM Advisors Debut Combined Mutual Fund Family
The Principal Financial Group introduced to its platform the combination of its mutual funds and the funds of newly-acquired money manager WM Group Advisors.
JPMorgan Hires Musto and Dial Away From Pru and Merrill
JPMorgan Funds has hired David Musto, formerly of Prudential Retirement, as Managing Director of its Retirement and Defined Contribution Investment Only (DC/IO) business and Glenn Dial, formerly of...
Workers Gain Plan Eligibility More Quickly
New employees are being allowed to get up to speed in their company’s 401(k) plan more quickly than a year ago, according to a new survey.
Indexes Beat Out Active Managers in 06
The latest Standard&Poor’s Indices Versus Active Funds Scorecard (SPIVA) shows the S&P 500 outperformed 69.1% of large-cap funds.
U.S. Senate Panel OKs Deferred Comp Limit
The U.S. Senate Finance Committee on Wednesday approved by voice vote a measure that could limit the earnings corporate executives can defer into non-qualified deferred compensation (NQDC) plans.
IRAs Are Not a Primary Retirement Savings Vehicle
Newly released results of a study from Fidelity Investments indicate Individual Retirement Accounts (IRAs) are not generally being used as a primary retirement savings vehicle and many investors...
New State Street ETF Family Tracks Stocks Outside the US
The investment arm of State Street Corporation launched today an exchange-traded fund family that tracks developed and emerging market stocks outside the U.S.