Florida State Board of Administration at its Jan. 4 meeting named...

Florida State Board of Administration at its Jan. 4 meeting named CitiStreet, Fidelity Investments and Northern Trust as finalists in its search for a third-party administrator for the state’s new defined contribution plan. The original RFI was withdrawn on Nov. 27 following opposition filed by VALIC and TIAA-CREF, but it was re-issued the next day. The board expects to make an announcement within the next few weeks.