News

USI Consulting Group launched a newly designed website (www.usicg.com).

The key to satisfaction with a formalized financial plan may simply be to write one, a new Spectrem Group research report shows.

Traditionally, plan sponsors and advisers have focused on fiduciary responsibilities related to the selection and monitoring of investments.

Bank of America is moving its $19 billion defined contribution (DC) plan, currently with Fidelity, to the Merrill Lynch platform.

FlexShares has launched its Global Quality Real Estate Index Fund.

Alternative exchange-traded fund (ETF) provider ProShares Advisors LLC launched a new investment-grade bond ETF, designed with a built-in hedge against rising interest rates.

Participants and beneficiaries of the MassMutual Thrift Plan have filed a lawsuit in federal court against MassMutual.

Raymond James announced Jim Bunn will become co-head of the firm’s investment banking practice starting January 1, 2014.

A strategy that is more than 50 years old, smart beta is receiving new attention as investors seek alternatives to passive, index-based asset management.

Plan advisers should stress the importance of communication and planning, signaling that retirement is a time of empowerment—not a dismal single life event.

Past and current business relationships can help bring in new clients.

A new practice management platform for retirement plan advisers rolls sales and client service tools into a single, integrated solution.

Assembling the right retirement plan committee can make or break participant outcomes, and often boils down to a combination of diversity, communication and documentation.

If a self-driving or autonomous car were available, one in five Americans say they’d never take the wheel again, a survey found.

Six years may be a good document retention yardstick, but advisers should warn their plan sponsor clients that it may not be right for retirement plans.

Lumesis’ DIVER Advisor software, a cloud-based platform, was added to LPL Financial’s suite for advisers.

The Pension Benefit Guaranty Corporation (PBGC) announced the yearly maximum guaranteed benefit for a 65-year-old retiree will increase next year to nearly $59,320 from about $57,500.

A new website offers plan sponsors and advisers guidance on meeting fiduciary obligations related to employer-sponsored retirement plan fee disclosure regulation.

Householder Group, a network of 40 independent hybrid advisory practices, joined LPL Financial’s suite of broker/dealer and registered investment adviser (RIA) custodial platforms.

Returns for target-date and target-risk funds were around 5% for the third quarter, according to Morningstar, Inc.