New Hire Roundup: Marc Seidner Joins PIMCO as Managing Director
Also, BlackRock has named Chip Castille chief retirement strategist, a new position.
Merrill: Using Clients’ Emotions to Build Better Portfolios
Merrill's Michael Liersch is using behavioral finance to zero in on clients’ unique investment personalities to reach better outcomes.
New Hire Roundup: BlackRock Names Jones CIO for Americas Stocks
In addition, Sibson Consulting announced that Shane Conlon has joined the firm as a senior retirement consultant.
Vanguard Launches 401(k) Plan for Small Businesses
Vanguard launched a small business 401(k) plan service in September that provides a low-cost plan, including index funds and target-date funds, in a bundled retirement plan package. The service is provided directly to sponsors of 401(k) and profit-sharing plans with assets up to $20 million, as well as to advisors...
Employees Focus on Long-Term Retirement Goals: The Principal
Retirement plan participants have moved beyond recovering from the effects of the recession and are focusing on long-term goals, a report from The Principal found.
Slash jobs? Or slash hours?
Companies don't like layoffs, but they also need to cut labor costs. So they're taking a serious thought to phased retirement, according to consulting firm...