Article: At the Bell.(News)

Firms to offer target date index

BrightScope, a 401(k) data and analytics firm, today is announcing a partnership with Target Date Analytics LLC to launch the BrightScope On Target Index. The index will allow plan sponsors and advisers to benchmark the target date funds in their plans.

Adviser is arraigned on $1M theft charge

A John Hancock financial adviser was arraigned Friday on charges that he stole more than $1 million from an elderly client. John Mondello, a former adviser at Lighthouse Financial Network, a John Hancock Financial Services Inc. affiliate, allegedly tricked an 84-year-old woman into writing him personal checks and then ...

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