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Boston College Gets Financing for Financial Literacy Center

by Editorial Staff

Wed, Sep 30, 2009

“Given the turbulent economic climate and the shift of financial risk to individuals, people need help,” said Center Director Alicia Munnell.

Americans Reveal Inertia, Self-Reliance in Principal Financial’s Latest Survey

by Editorial Staff

Wed, Sep 30, 2009

A third of those polled, up from 20% in the second quarter, said their account balances have recovered to their Jan. 1 levels or expect them to recover in two to five years.

SEC Moves To Bolster Oversight of Rating Agencies

by Editorial Staff

Wed, Sep 30, 2009

The SEC voted Sept.17 to address conflicts of interest, reveal rating shopping, and promote accountability.

Plan Sponsors Increasingly Turn to Investment Consultants—Cerulli

by Editorial Staff

Wed, Sep 30, 2009

Consultants want asset managers who provide consistent investment performance without “surprises.”

Employers Expect Health Reform to Raise, Not Lower Costs

by Editorial Staff

Thu, Oct 01, 2009

Only 10% of employers would support an “employer mandate” that required them to provide health insurance to employees.

Jackson National Launches Bonus VA

by Kerry Pechter

Wed, Sep 30, 2009

Perspective Rewards pays a 6% bonus on first-year premiums under $100,000 and 8% on higher ones.

Pacific Life Applies For Possible In-Plan VA

by Editorial Staff

Wed, Sep 30, 2009

The Destinations VA offers an optional 0.10% uptick in the lifetime payout rate for each of the first ten contract years or until a withdrawal.