SunTrust buys CSI Capital Management
May 11, 2011 (PLANSPONSOR.com) – SunTrust Banks, Inc. has acquired the assets of CSI Capital Management, a San Francisco based wealth management firm.
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Senior Execs Planning to Move, but not Move Up
May 11, 2011 (PLANSPONSOR.com) - The BlueSteps 2011 Executive Mobility Report shows that 73% of employed senior executives are actively seeking new job opportunities this year, but the...
Mesirow Strengthens Investment Strategies Business
May 11, 2011 (PLANSPONSOR.com) - Mesirow Financial’s Investment Strategies group has announced promotions and new hires that it says strengthen the team and augment plan sponsor and plan...
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Former GM Execs Suing over Retirement Benefits
May 11, 2011 (PLANSPONSOR.com) - More than 100 former General Motors Corp. executives are suing the automaker in federal court to recoup millions of dollars in pension benefits...
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Vanguard Reduces Investment Minimums on Retirement Funds
May 11, 2011 (PLANSPONSOR.com) - Vanguard is reducing the minimum investment requirement from $3,000 to $1,000 for the 12 funds in its index-based Target Retirement Fund series.
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New Online Retirement Education Guide Launched
May 11, 2011 (PLANSPONSOR.com) - Rest-of-Life Communications, a provider of workplace retirement education programs, has launched a free, Web-based guide designed for companies of all sizes to help...
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Fidelity Finds Participant Education Makes a Big Difference
May 11, 2011 (PLANSPONSOR.com) – Fidelity Investments announced two records set among Fidelity-administered 401(k) plans.
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Employee Recognition Program Use Declines
May 11, 2011 (PLANSPONSOR.com) - A survey released by WorldatWork shows 86% of companies use recognition programs as part of their rewards tool kit, down from 89% in...
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First Trust Launches Automobile Manufacturing ETF
May 11, 2011 (PLANSPONSOR.com) - First Trust Advisors L.P. has launched what it says is the first exchange-traded fund (ETF) focused on the global manufacturing of automobiles.
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S&P Launches TIPS Index
May 11, 2011 (PLANSPONSOR.com) – With inflation concerns looming larger, S&P Indices has launched a TIPS Index.
Janus Taps Two for Newly Created Fixed Income Positions
May 10, 2011 (PLANSPONSOR.com) - Janus Capital Group Inc. has announced a pair of newly created positions reporting to Janus Co-CIO, fixed income, Gibson Smith.
Rogerscasey Brings New Managing Director on Board
May 10, 2011 (PLANSPONSOR.com) - Rogerscasey has hired a Managing Director for the firm’s Canadian office.
BNY Mellon Appoints CEO of Global Markets
May 10, 2011 (PLANSPONSOR.com) - BNY Mellon announced the appointment of Arthur Certosimo as CEO of Global Markets.
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Lincoln Offering Annuity Product New Sales through TPAs
May 10, 2011 (PLANSPONOR.com) - Lincoln Financial Group announced that its Lincoln Director group variable annuity-based retirement solution will be available for new sales exclusively through a service...
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Amidst Retirement Exodus, NH Answers Questions on Legislation
May 10, 2011 (PLANSPONSOR.com) - The New Hampshire Retirement System (NHRS) has updated its Web site to answer inquiries about pending legislation and to correct misinformation about the...
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Health Care Orgs' Pay Increase Budgets Slightly Down
May 13, 2011 (PLANSPONSOR.com) - The 2011 Compensation Data Healthcare Survey found pay increase budgets fell to 2.4%, a slight decline from 2.5% reported in 2010.
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Aetna and Allstate Team Up to Offer Financial Protection Plans
May 10, 2011 (PLANSPONSOR.com) - Aetna and The Allstate Corporation have announced a strategic alliance that will provide Aetna clients and members with greater access to financial protection...
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Sloppy “Working Joe’s” Annoying to Coworkers
May 10, 2011 (PLANSPONSOR.com) - In a recent Accountemps survey, 41% of chief financial officers (CFOs) interviewed said lacking attention to detail and presenting sloppy work are the...
Pre-Retirees Working with Financial Adviser More Confident
May 10, 2011 (PLANSPONSOR.com) - The majority (54%) of pre-retiree households that have a professional financial adviser feel confident they will be able to live the retirement lifestyle...
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Mid-Career Workers Least Happy
May 10, 2011 (PLANSPONSOR.com) – A survey of almost 4,000 employees in larger companies in 14 countries worldwide found that the oldest and youngest workers are the happiest.