Practice

DST Systems has designed a new program, Retirement Income Clearing Calculator, which will widely distribute retirement income products to sponsors and participants of defined contribution plans.

Seventeen muni groups are urging members of Congress to reject President Obama's proposal to place a 28% cap on the value of tax-exempt interest, warning it will hurt the market and that its retroactivity will reverse nearly 100 years of legislative history.

The combination of Baby Boomers heading into retirement and the arrival of Echo Boomers into savings programs is about to put financial advisors on the ride of their professional lives, according to the fourth-largest distributor of mutual funds in the United States.

DST Systems has designed a new program, Retirement Income Clearing Calculator (RICC), which will widely distribute retirement income products to sponsors and participants of defined contribution plans.

Genworth Financial Wealth Management is the latest firm to announce an upgrade to its online platform, eWealthManager.

T. Rowe Price has launched a new web-based retirement-planning tool that it says will help investors envision their lives in retirement.

To help busy advisors increase the frequency with which they contact clients, Cetera recently launched a new online marketing solution, Connect2Client. It’s designed to enable advisors to send out emails, paper postcards, newsletters with in-depth articles and a variety of messages, including birthday greetings, on a regular basis.

NYSE Technologies, the commercial technology unit of NYSE Euronext, has launched a post-trade monitoring tool for compliance officers.

In 2010, The Dreyfus Corporation gave iPads to every one of its 70 salespeople, to save on Federal Express billings in shipping them marketing materials. Now the manager of roughly $300 billion in mutual fund assets has decided that it should not be presenting its nine boards of directors with bulky binders any more, either.

If you think social media is all about you (i.e., the points your company wants to get across), think again.