News

 T. Rowe Price launched Ready-2-Retire, a web-based tool that allows investors to envision how they might live in retirement.    

 One of the key reasons for the 403(b) Transparency Taskforce’s new 403(b) model disclosure form is so vendors can show plan sponsors that they offer more than just...

 Initiatives in President Barack Obama’s budget proposal would impact retirement savings for some workers. 

 The College Savings Plans Network (CSPN) reported that as of the close of the most recent fiscal year, Section 529 prepaid tuition plans are, on average, approximately 93%...

Putnam Investments has been added to the Merrill Lynch Advisor Alliance platform.

The current tax treatment of 401(k) plans costs the U.S. Department of Treasury between $50 and $70 billion per year, says a recent analysis.

Americans age 50 and older spend less in retirement than in their working years, and home-related expenses remain their most expensive items.

February 15, 2012 – Do sponsors of 403(b) plans that are not governed by the Employee Retirement Income Security Act (ERISA) have fiduciary responsibilities to the plan and...

Pensionmark Retirement Group has added team members.  

Folio Institutional and unitZXchange LLC launched a portfolio unitization service. 

The Principal Financial Group has enhanced its resources, education and training for financial professionals. 

LPL Financial Retirement Partners launched two new tools as part of its Retirement Partners tool suite for advisers.  

Investors put an estimated net $35 billion in net inflows into stock and bond mutual funds in the U.S. in January 2012, reports Strategic Insight (SI).  

Strategic Insight, an Asset International company, reports U.S. Exchange-Traded Funds (ETFs) enjoyed $28 billion in net inflows in January.

The Dietrich Pension Risk Transfer Index was nearly unchanged from its prior month’s level of 86.65 and currently sits at 86.35 as of February 1, 2012. 

Prudential Investments expanded its defined contribution business by establishing a new Southwest sales division.

Pacific Resources—a nonmedical employee benefits advisory firm—was purchased by two of its senior executives.  

Mesirow Financial and PNC Institutional Investments introduced Employee Retirement Income Security Act (ERISA) Section 3(21) and 3(38) fiduciary services for PNC's Vested Interest retirement plan sponsors. 

 Only 9% of more than 5,000 investment strategies achieve the highest environmental, social and governance (ESG) ratings, according to an analysis performed by Mercer’s Investments business.   

F-Squared Investments appointed Mark Marinella as head of investments.