CapTrust Advisors Acquires Schott Group Investment Consulting
CapTrust Advisors, LLC, has merged with Schott Group Investment Consulting to create what the company says is Florida's largest private investment consulting firm.
News
Many Withdrawing from Retirement Savings Cannot Pay It Back
Not only are a quarter of adults dipping into their retirement savings, but many of them cannot pay it back.
TIAA-CREF Puts Out 403(b) Guide
TIAA-CREF has released a guide to new 403(b) regulations to help plan sponsors deal with new 403(b) regulations.
FINRA Proposes Change In Reporting Sales Practice Violations
The Financial Industry Regulatory Authority (FINRA) has proposed rule amendments that would require registered firms to report allegations of sales practice violations against an individual broker made in...
Perspective: Understand Your Clients to Improve Your Bottom Line
It seems that nearly everyone today is feeling the pinch of the current economy.
Preparation for Retirement Depends on Family Situation
Responding to findings of its recent Family Matters study, the MetLife Mature Market Institute has made available tips on making the right choices for retirement based on family...
Pershing Introduces Adviser-Driven UMA Program
Pershing, a subsidiary of The Bank of New York Mellon Corporation, launched Lockwood AdvisorFlex Portfolios, a unified managed account program for financial advisers.
Great-West and Ceridian Introduce 401(k) Payroll Interface
Great-West Retirement Services has joined with Ceridian Small Business Services to introduce a payroll interface 401(k) service that allows employers to reduce the administration of their 401(k) plan.
WealthCounsel Unveils New Web Site for Estate Planning Resources
WealthCounsel launched a new Web site portal designed to serve the informational needs of attorneys, financial professionals, consumers, and the news media on topics related to estate planning.
RSI Beefs Up Customer Service for Advisers
RolloverSystems Inc. (RSI), has enhanced its services for advisers, retirement plan sponsors, and third-party administrators (TPAs) in the management of 401(k) plans rollovers.
High-Net-Worth Investors Trust Advisers, Not Fund Cos.
A survey said 87% of investors have a high degree of trust in their adviser, but a majority are dissatisfied with the fund industry.
Chemical Imbalanced?
A new research paper suggests a potential tie between biology and (apparently) irrational exuberance.
FINRA Offers Education on Early Retirement Scams
The Financial Industry Regulatory Authority (FINRA) has launched two online resources to help companies and their older workers protect themselves from early retirement scams.
Principal Names New Director of Sales in Wisconsin
The Principal Financial Group has named Michael Driscoll as director-sales, Retirement and Investor Services.
The Online 401(k) Adds More Adviser Relationships For Small Businesses
The Online 401(k) added 15 new adviser relationships in the first quarter of 2008.
Do People Really Spend Less in Retirement?
A newly released research study casts doubt on the traditional notion that calculations of a person’s retirement nest egg should take into account a post-retirement spending dropoff.
Participants Sticking With Managed Accounts
Financial Engines says that most plan participants who are automatically enrolled into the firm's managed account program stay with it.
Investors Capital Adds New Mutual Fund Program
Investors Capital Advisory Services (ICAS) added a new mutual-fund wrap program designed for advisers looking to provide clients with a low-cost/no-platform-fee alternative.
DC Plan Assets Continue to Grow At Large Companies
Defined contribution (DC) plans have grown to account for 46% of assets among U.S companies with more than $250 million in retirement plan assets.
Combined Retirement/Life Insurance Plan Introduced for Small Businesses
The Hartford and Plan Administrators, Inc. (PAi) have created Solo db Life, a defined benefit retirement plan designed for business owners with less than 10 employees who need...