New Hire Roundup: Kiley to Lead Security Benefit; SNR Denton Welcomes Samlin; Edelman Recruits Bottazzi
This week in new hires, Michael Kiley was named to become CEO of Security Benefit Corp.; Scott Samlin went to SNR Denton; Edelman Financial Services recruited Joe Bottazzi from outside the industry and Reliance Trust named Robert F. Cook to head its church and nonprofit division.
Workers’ Retirement Confidence Sinks to All-Time Low
Survey underscores need to save and plan for new retirement realities.
2010 Q4 Earnings: Principal Boosts Results but Misses Estimates
For the full year, the company said its mutual funds had net inflows of $1.6 billion
To Aid With Compliance of DOL's ERISA Rules, Principal Releases White Paper
Principal Financial Group published a white paper to help retirement plan sponsors understand and comply with new fee disclosure rules, the company announced Monday.
403(b) Survey Finds 'Progress and Stability' Heading Into 2011
Nearly half restored matches, increased participation, according to Profit Sharing/401k Council of America.
Principal Tops Estimates on Net-Income Decline
Des Moines, Iowa-based Principal Financial Group (PFG) said Monday that it had operating earnings of $218.9 million for third quarter 2010, or 68 cents...
Principal Report: Tips for Advisors to Keep Clients’ Retirement Savings on Track
Principal Financial Group has released to advisors the Savings-to Employment Income Ratio, a quick litmus test for estimating the health of investor's retirement savings, according...
Insurance Companies Bow Out in Response to Reform
One of the effects of the Patient Protection and Affordable Care Act (PPACA) has already surfaced: some companies, preferring not to tangle with the new law's requirements or consequences, have bowed out.
Annuities: A Better Answer Than Social Security
Annuities don't exist in a vacuum, yet critics voice concerns as if annuities are compared to utopia, something akin to high returns, no risks and...
AllianceBernstein, Fannie Mae Start Off Q2 Earnings for First Week of August
While the bulk of second-quarter 2010 earnings were released in July, a number of financial companies plan to report their latest results in the first week of August, starting with AB and FNMA.