Study of 401(k) Plans and 403(b) Plans Demonstrates Benefits of Partnering with a Professional Retirement Plan Advisor
EAST GRANBY, Conn., Jan. 13, 2012 /PRNewswire/ -- The Retirement Advisor Council reports findings of a fundamental research study demonstrating impactful benefits of partnering with a Professional Retirement Plan Advisor for 401(k) and 403(b) plan sponsors. This study is the first of its kind; never before has anyone collected data quantifying the benefits of plan sponsors partnering with a Professional.
The survey of 409 employers offering a 401(k) or a 403(b) plan found that sponsors who partner with a Professional Retirement Plan Advisor enjoy superior retirement outcomes for their participants, superior understanding of fiduciary issues, improved plan designs, improved plan arrays, improved overall asset allocation among plan parti ...
MassMutual Retirement Services Adds to Sales & Client Management Organization
SPRINGFIELD, Mass., Jan. 5, 2012 /PRNewswire/ -- The MassMutual Retirement Services Division further expands its sales and client management organization with the welcomed additions of Douglas Ragusa and Daniel Fay.
Douglas Ragusa has been hired as director, Taft-Hartley client relationship management, effective December 5.
New York Life Retirement Plan Services Introduces Client Satisfaction Benchmarking Tool for Retirement Plan Advisors
WESTWOOD, Mass., Jan. 4, 2012 /PRNewswire/ -- New York Life Retirement Plan Services, a leading provider of retirement solutions to U.S. corporations and unions, is pleased to announce the availability of "Consensus," a service powered by Anova Consulting Group LLC, a financial services market research and sales training firm, that will help top retirement plan advisors assess client satisfaction and measure themselves against peers.
Lincoln Financial Group Forms Research Team to Gain Deeper Insight Into Consumer Decision-Making
RADNOR, Pa., Jan. 4, 2012 /PRNewswire/ -- Lincoln Financial Group (NYSE: LNC) today announced the appointment of Emily Pachuta as Head of the Consumer Insights group within the Insurance Solutions/Retirement Solutions (IS/RS) division.
CBIZ Acquires the Actuarial and Retirement Plan Consulting Practice of PSA Insurance and Financial Services
CLEVELAND, Dec. 21, 2011 /PRNewswire/ -- CBIZ, Inc. (NYSE: CBZ) today announced that it has acquired the actuarial and retirement plan consulting business of PSA Insurance and Financial Services of Hunt Valley, MD, effective November 1, 2011.
The actuarial and retirement plan consulting book of business recorded approximately $1.2 million in revenue during the past twelve months and includes four associates servicing the business.
Steve Gerard, Chairman and CEO of CBIZ, stated, "The acquisition of the actuarial and retirement plan business of PSA is a great cultural fit and business model for CBIZ and complements our existing retirement planning practice in the Mid-Atlantic."
CBIZ, Inc.
ING U.S. Encourages More Consumers to Make Retirement Planning and Saving a Priority in the New Year
WINDSOR, Conn., Dec. 21, 2011 /PRNewswire/ -- As Americans begin to make their resolutions for the New Year, new findings from the ING Retirement Research Institute suggest that better retirement planning and saving should be high on the list. According to recent findings, 71 percent of Americans do not have a formal investment plan to help them reach their retirement goals.
The ING U.S.
Retirement Investing Book Wins Investing Book of the Year
TYLER, Texas, Dec. 20, 2011 /PRNewswire/ -- Less Risk, More Return by Lee Hull was selected as a "must read" and winner of the trading book of the year for 2011 from TradingMarkets.com. The book is also getting rave reviews from investors and retirement plan owners.
Middle Market Executives Say Benefits Costs Outweigh Economic Conditions as the Leading Factor Impacting Compensation Decisions, Verisight and McGladr
WALNUT CREEK, Calif., Dec. 15, 2011 /PRNewswire/ -- Sixty-five percent of middle market executives say benefits costs are the leading factor impacting compensation decisions, largely outweighing a mere four percent of survey respondents who say economic conditions/financial performance is the leading factor, according to the Verisight and McGladrey 2011/2012 Compensation, Retirement and Benefits Trends Survey.