Tag: Recordkeeping
Pioneer Investments Partners with Fee Benchmarking Firm
Pioneer Investments is partnering with Fiduciary Benchmarks, Inc. (FBi), a consulting firm specializing in providing plan fiduciaries with information on the reasonableness of fund fees.
IMHO: Loan Arranging
The headlines last week were all about how new legislation had been introduced to cut down on the “leakage” from 401(k) plans.
Automated Programs Lead to Improved 401(k) Results
Bank of America Merrill Lynch’s Retirement & Benefit Plan Services quarterly report on plan participant contribution activities found many plan sponsors are using a combination of automated and...
IMHO: Change Parse
Three things every adviser (and provider) wishes plan sponsors understood about recordkeeping conversions:
Paychex Acquisition Expands Services to Advisers
Paychex, Inc., a provider of payroll, human resource, and benefits outsourcing solutions, has acquired ePlan Services, Inc., a provider of recordkeeping and administrative solutions to the defined contribution...
BofA Merrill Lynch Adds to Advisor Alliance
Bank of America Merrill Lynch’s Advisor Alliance program now has partnerships with 12 recordkeeping partners.
CPI Adds Westcore Funds to Retirement Plan Platform
CPI Qualified Plan Consultants, Inc., added the Westcore Funds family of mutual funds to its retirement plan platform.
Hedgeable Reveals 401(k) Program
Beginning in April, plan sponsors will be able to produce plan menus that provide access to 20 strategies internally managed by Hedgeable.
Insurance Company Launches Portfolio Construction Tool
Jackson National Life Insurance Company developed an online tool to help advisers build customized investment portfolios for their clients.
Wells Fargo Completes Retirement System Conversion
Wells Fargo’s Institutional Retirement and Trust business has successfully completed all phases of its retirement systems conversion.
Transamerica Hires Kais for Sales Post
Transamerica Retirement Services announced the promotion of Jim Kais to vice president and director of Institutional Sales and Special Markets.
ING Retirement’s CEO Departs for State Job
Connecticut Governor Dannel Malloy has named Catherine Smith, CEO of ING Retirement Services, as head of the state's Department of Economic and Community Development (DECD).
More Effective Practice Management Tools Needed
About half of nearly 1,300 advisers surveyed by Curian Capital surveyed feel time management and efficiency will be their biggest challenge in 2011.
Intangible Qualities Make Recordkeepers Attractive
Consultants who advise plan sponsors on large-plan service provider selection said "cultural fit" and "brand strength" were two of the most important qualities to look for.
BPAS to Offer 408(b)(2) Data via Fiduciary Benchmarks
Recordkeeper BPAS has partnered with Fiduciary Benchmarks to provide 408(b)(2) summary disclosure documents and independent third-party benchmarking to all BPAS clients.
ABG Carolinas Joins Pentegra
Alliance Benefit Group Carolinas has become a division of Pentegra Retirement Services.
ExpertPlan Retirement Program Picked for GWN
ExpertPlan, Inc. has been selected by GWN Securities, Inc. to provide a customized defined contribution and defined benefit retirement program to their national network of more than 700...
Nationwide Hires Rolph for Sales Job
Nationwide Financial Services has turned to Charles F. Rolph as Director of Advanced Sales.
M&I Snapped Up in $4.1B Stock Swap Deal
BMO Financial Group announced Friday that it will acquire Marshall & Ilsley Corporation (M&I) in a stock-for-stock transaction.