Fidelity Launches Its First Long-Short Mutual Fund >
April 08, 2008 -- Fidelity Investments has launched its first mutual fund that will engage in â€˜shortâ€™ sales as well as â€˜longâ€™ investments.
Hancock Puts Out 401(k) Guaranteed Income Rider >
April 08, 2008 -- John Hancock Retirement Plan Services has launched its Guaranteed Income for Life (GIFL), an optional 401(k) rider featuring a principal guarantee.
SEC Site Allows Easier Fund Performance Comparisons >
April 08, 2008 -- The Securities and Exchange Commission (SEC) has launched an Internet Web page allowing investors to more easily compare fund cost, risk, and past performance information provided by mutual fund companies.
SPARK Seeks Comments on 403(b) Information Sharing Agreement >
April 08, 2008 -- The SPARK Institute has released for public review and comment a draft sample Information Sharing Agreement (ISA) for 403(b) plan vendors and employers.
RealRetirement Funds Chooses Dow Jones Benchmark >
April 08, 2008 -- PIMCO has chosen the Dow Jones Real Return Target Date Indexes to serve as benchmarks for the PIMCO RealRetirement funds.
Financial Concerns Causing Some to Delay Retirement >
April 07, 2008 -- Four in 10 American adults (41%) are holding off on major life decisions – including retirement - either because they are financially strapped or worried about the U.S. economy.
McKay Hochman Unveils 403(b) Plan Document Product >
April 07, 2008 -- McKay Hochman Co., has announced the availability of updated 403(b) plan documents.
Study Touts Web as Sales Tool >
April 07, 2008 -- Advisers covered by wholesalers and who use the Web as an effective sales tool averaged 25% more sales than those who do not use the Web, according to a new study.
Thrivent to Increase Financial Rep Force by 800 >
April 07, 2008 -- Thrivent Financial plans to hire more than 800 financial representatives by the end of 2008 to meet the increasing demand by Americans for a financial road map for their retirement.
IMHO: Legends for Our Times >
April 05, 2008 -- Ours is an industry of fairly recent invention–one that is, in many respects, only just beginning to emerge from the growth pangs of adolescence.