Deals and People

A former SEC attorney says retirement plan participant lawsuits don’t benefit anyone, and he has launched a new initiative designed to hold plan sponsors accountable for their actions.

Two new hires are joining the firm's ESOP team.

Alliance Benefit Group Southwest (ABG-Southwest) will function as a separate company for retirement plan recordkeeping and third-party administration (TPA) services.

PLANSPONSOR honors 29 firms with new “Best in Class” 401(k) Plan Designation.

Lou Ressler joins USI Consulting Group as vice president, retirement services.

Corporate Insight analysts tell PLANSPONSOR the recently announced deal between LearnVest and Northwestern Mutual could be the start of a financial industry “technology feeding frenzy.”

Jim Stewart has expertise in DB and DC plans.

Three new hires will conduct fundamental investment analysis, selection, evaluation, and monitoring of investments for Cammack Retirement’s clients.

State Street Global Advisors’ leader will retire from the firm this year after nearly three decades in the investment services arena.

Northwestern Mutual says it will combine the capabilities of its adviser network with LearnVest’s digital advice delivery technology.

Boutique value manager Keeley Asset Management created a new leadership position around plan sponsor relationship management and business development.

MassMutual has added six relationship managers across the U.S.

The American Society of Pension Professionals and Actuaries has rebranded as the American Retirement Association.

Institutional investment management firm DuPont Capital Management hired two senior executives.

Principal Global Investors has hired Paul Kim to launch and lead the firm’s ETF business.

Scott Kaplan is replacing Dylan Tyson, who is taking on a new role at Prudential of Korea.

The company expects to continue hiring new staff for the investment office in Pittsburgh.

Chuck Cornelio has served in a variety of roles at Lincoln.

Groom Law Group says the addition of two principals to its health and welfare practice expands the firm’s ACA implementation and compliance capabilities.

Wagner's ERISA and employment litigation department will be expanding in 2015.