Study Finds DC Plans May Have a Role in Public Sector
The Center for Retirement Research has found that defined contribution plans may have a role in the public sector, but in combination with, not as an alternative to,...
News
DoL Urges Reversal in Stock Drop Case
In an amicus brief, the U.S. Department of Labor asked the 9th U.S. Circuit Court of Appeals to reverse a federal district court’s dismissal of a 401(k) stock-drop...
Security Benefit Hires Eight Regional Directors
Security Benefit hired eight investment and insurance focused Regional Directors for the Personal Retirement Savings (PRS) Group.
Van Eck Global Launches Market Vectors ETF
New York-based asset manager Van Eck Global has launched Market Vectors Investment Grade Floating Rate ETF.
BrightScope Rolls Out Adviser Database
BrightScope’s CEO says there is a need in the marketplace for investors to have more quantitative data when selecting a financial adviser.
ETF Share of Broker/Dealer Wraps Seeing Slow Growth
At the end of 2010, exchange-traded funds (ETFs) reached 25% of retail fund assets in wrap programs at national broker/dealers (B/Ds), up from 22% at the end of...
Rothschild Asset Management Hires Chief Marketing Officer
Rothschild Asset Management selected Michael Tamasco for the newly created position of Managing Director and Chief Marketing Officer.
BNY Mellon to Offer Private Capital Benchmarking Service
BNY Mellon institutional clients will be given access to Private iQ, a private capital benchmarking service, developed by the Burgiss Group.
Dow Jones Finds Partner for Index Series
Index provider Dow Jones Indexes announced the development of a new index family.
Riverside Plucks Plake from NISA
Riverside Risk Advisors, a boutique derivatives advisory firm, has hired Steven Plake.
Commitment from Retirement Plans Could Spark ETF Growth
Cerulli Associates analyzes the potential growth of exchange-traded funds in a new report.
New Retirement Plan Analytic Platform Ready for 408(b)(2)
Castle Rock Innovations, LLC (CRI) has rolled out a servicing platform that it says addresses the Department of Labor’s 408(b)(2) fee disclosure requirements.
Providers Team up for Fiduciary Services to Smaller Plans
AXA Equitable Life Insurance Company has partnered with Wilshire Associates Incorporated to help plan sponsors meet their fiduciary obligations in screening, selecting and monitoring investment options.
Institutional Investors See Modest Gains in Q1 2011
Plans in the Northern Trust Universe advanced 3.6% at the median in the first quarter of 2011.
Mount Holyoke College Selects ING as Service Provider
ING U.S. Retirement Services has been selected as the retirement plan service provider for the Mount Holyoke College Defined Contribution Retirement Plan.
Security Benefit Introduces VA Offering for Retirement Plans
Security Benefit, a Guggenheim Partners Company, launched EliteDesigns as the inaugural product for its new Personal Retirement Savings (PRS) initiative.
Daily Access to Use CLS Investments’ Model Portfolios
Mid Atlantic Trust Company (MATC) announced that third party administrator Daily Access Corporation will be using the firm’s ModelxChange platform.
Fund Managers Use Institutional Shares to Stay Competitive
Cerulli Associates' latest managed accounts-focused research indicates mutual fund advisory programs (MFA) will experience slower growth in the coming years.
IMHO: “Smoke” Signals
Plan sponsors spend a lot of time wondering—and worrying—about the “right” way to do things.
Law Firm Supports Making ESOP Valuators Fiduciaries
The law firm of Lewis, Feinberg, Lee, Renaker & Jackson supports the Department of Labor's (DoL) proposed inclusion of valuators of closely-held employer securities in the definition of...