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Retirement Center

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Retirement Center

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November 19, 2009  |  By Jessica Toonkel Marquez.
New York Life Investment Management LLC and Putnam Investments have expanded their retirement sales forces.

New York Life has added three regional vice presidents to its four-person defined-...
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November 19, 2009  |  By Jessica Toonkel Marquez
The Department of Labor’s withdrawal of a controversial rule allowing advisers to work directly with retirement plan participants — just days after the agency extended the effective date of the rule — has some industry observers wondering if DOL officials are buckling under pressure from Congress.
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November 18, 2009  |  By Jessica Toonkel-Marquez
With the Labor Department stepping up scrutiny of conflicts of interest and fee disclosures, broker-dealers are becoming concerned about how their reps handle rollover assets from 401(k) plans.
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November 16, 2009  |  By Jessica Toonkel Marquez
Manning & Napier Advisors, Inc. is examining the possibility of developing a guaranteed income product for the defined contribution plan market.

The firm is in preliminary discussions about...
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November 15, 2009  |  By Jessica Toonkel Marquez
Milliman Inc. is in discussions with a number of mutual fund companies, insurers and 401(k) plan sponsors to launch a guaranteed-income product that would be backed by a pool of insurers.
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November 12, 2009  |  By Davis D. Janowski
Advisers on the integrated-wealth-management platform at Envestnet Inc. — which services more than 650,000 investor accounts — now have access to a new set of retirement income tools called PlanHorizon.
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November 12, 2009  |  By Jessica Toonkel Marquez
Caterpillar Inc.’s announcement last week that it has reached a tentative settlement over the fees it charged its 401(k) plan participants may be bad news for plan sponsors, their advisers and mutual fund companies.
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November 10, 2009  |  By Associated Press
In retirement, your paycheck might go away, but taxes won't.
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November 9, 2009  |  By Jessica Toonkel Marquez
Milliman Inc. is in discussions with a number of mutual fund companies, insurers and 401(k) plan sponsors to launch a guaranteed income product that would be backed by a pool of insurers.
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November 8, 2009  |  By Jessica Toonkel Marquez
Despite the growing trend of employers putting their 401(k) plans on autopilot, many more are making investment advice available to plan participants, according to a Hewitt Associates survey released last week.
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November 8, 2009  |  By Jessica Toonkel Marquez
More than twice the number of target date funds have liquidated this year than in all of 2008, indicating how difficult it is for asset managers unaffiliated with 401(k) record keepers to build assets in such funds.
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November 8, 2009  |  By Sara Hansard
The lousy economy hasn't been bad for everyone.
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November 8, 2009  |  By Davis D. Janowski
A significant update to the popular financial planning program MoneyGuidePro was rolled out last week.
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November 8, 2009  |  By Ashby H.B. Monk
Over the past half century, employer-sponsored defined-benefit pensions have been a crucial source of retirement income and security.
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November 6, 2009  |  By Davis D. Janowski
CashEdge Inc. is now making its AllData Advisor account aggregation service available to financial advisers via a self-service online subscription.
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