Compliance August 27, 2012

Transamerica Hosts Retirement Legislation Webinar

Next month, Transamerica Retirement Plan Services will host a legislative outlook webinar for third-party administrators (TPAs) and advisers.
Reported by

Transamerica Vice President and Director of Federal Government Affairs Jeanne de Cervens will host “Legislative Landscape for 2012 and Beyond” on Wednesday, September 18, at noon (EST). Retirement plan legislative issues including tax reform, multiple employer plans, mandatory plan coverage proposals, workplace initiatives, and what the insurance and retirement plan industries are doing to protect tax incentives are among the covered topics.

“Transamerica’s Speakers Bureau is a wonderful opportunity to hear from thought leaders in the retirement plan arena,” said Stig Nybo, president of Transamerica Retirement Services. “I anticipate this webinar will be popular with TPAs and financial advisers, as Jeanne is sure to provide engaging and insightful commentary on a wide range of issues facing policymakers in the months to come.”

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TPAs and financial advisers can register for the webinar by calling Transamerica at (888) 401-5826 and selecting option one, Monday through Friday, 9 a.m. to 7 p.m. EST.

Products August 27, 2012

Manning & Napier Launches Two Strategic Income Funds

Two new offerings from Manning & Napier offer income through investments in equities, fixed income and real estate.
Reported by

The Strategic Income Conservative Series will invest 15% to 45% of its portfolio in equities, and the more aggressive Strategic Income Moderate Series will invest 44% to 75% of its portfolio in equities. Both aim to beat traditional income-producing securities.

“In today’s market environment, yields on traditional ‘safe,’ income-producing securities like U.S. Treasuries are very low, and negative in some cases on an inflation-adjusted basis,” said Patrick Cunningham, chief executive of Manning & Napier. “Not only does this provide challenges for generating income, but it also exposes investors to potential capital risk. We have developed a strategy that provides greater income potential and helps to mitigate risk through an active security selection and asset-allocation approach.”

The funds will invest in four proprietary funds at Manning & Napier designed to provide investors with both income and appreciation. The Strategic Income funds will be offered with a retail S Class share with an investment minimum of $2,000 and an institutional I Class share with an investment minimum of $1 million.

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