News

FTSE and Experts in Responsible Investment Solutions (EIRIS) announced the launch of the FTSE4Good ESG Ratings.

Women’s confidence in their ability to plan for retirement has reached a three-year high, with 69% of women rating their confidence level as good or very good, according...

Paychex, Inc., a provider of payroll, human resource, and benefits outsourcing solutions, has acquired ePlan Services, Inc., a provider of recordkeeping and administrative solutions to the defined contribution...

Goldman Sachs Asset Management launched the Goldman Sachs Brazil Equity Fund and the Goldman Sachs China Equity Fund on April 29, 2011.

Research from Strategic Insight, an Asset International company, found that 20 of the top 25 fastest growing fund firms had less than $5 billion in stock and bond...

The latest Charles Schwab Active Trader Sentiment Survey found that 72% of traders who are expecting a tax refund this year plan on investing at least some of...

Nationwide Financial Services announced enhancements to its variable annuity and variable life insurance products, including expanded investment options in the bond and large-cap growth categories.

It remains very difficult for investors or plan sponsors to tell if a target-date fund (TDF) is intended to be a “to” or “through” offering simply by looking...

Asset managers are just starting to observe how investors use target-date funds (TDFs) after reaching retirement.

Bull-market gains in 2010 helped target-date funds (TDFs) perform well, as compared with standard market benchmarks, according to Morningstar’s Target-Date Industry Survey.

Genworth Financial Wealth Management is introducing Genworth Portfolio Solutions (GPS), providing advisers with four asset allocation models.

Though employees are expected to take on more decision-making and financial responsibility for their employee benefits, employee education and communications have become a much lower priority for employers.

Newkirk has been acquired by DST Systems, Inc., a provider of technology and services to clients in financial services, health care and other industries. 

When asked to categorize a list of personal and financial concerns, 64% of survey respondents said “needing to save for retirement” is “highly important,” though eight other choices...

Rogerscasey announced that Hilary Wiek has joined the organization as a Director within the firm’s Alpha Investment Research Group, effective May 9, 2011.

Mohler, Nixon & Williams (MNW) have promoted senior managers Ryan Koch and Brad Wall to audit partners. 

A kasina and Horsesmouth survey found that 26% of advisers do not include exchange-traded funds (ETFs) in their clients’ portfolios.  

State Street Global Advisors (SSgA), the asset management business of State Street Corporation, announced changes to the index and name of the SPDR Dow Jones Global Titans ETF.

MetLife has launched its optional Guaranteed Minimum Income Benefit Max (GMIB Max) and Enhanced Death Benefit Max (EDB Max) variable annuity riders with Protected Growth Strategies.

Archimedes Systems introduced the College Savings Planner application to help financial institutions engage with smartphone users.