News

Advantus Capital Management, an institutional fixed income and real estate securities asset manager, created the Client Strategies Group in its insurance asset management practice.

ETF Securities announced that ETFS Precious Metals Basket shares will be listed on the NYSE Arca on October 22, 2010, trading under the ticker symbol GLTR.

The U.S. Department of Labor (DoL) and the American Institute of Certified Public Accountants (AICPA) have launched a Web site to help small businesses select a retirement plan...

A report from the Investment Company Institute shows that in the first half of 2010, defined contribution plan participants’ loan and withdrawal activity rose slightly compared with the...

For the first time in a generation, the Labor Department has taken another crack at the definition of a fiduciary under the Employee Retirement Income...

A report from the Investment Company Institute shows that between March 2010 and June 2010, retirement assets fell 5.1%, from $16.5 trillion to $15.7 trillion.

The U.S. Department of Labor (DoL) has accused four money management firms of violating their fiduciary duties by causing hundreds of millions of dollars in losses to pension...

Employers with a non-qualified deferred compensation plan (NQDCP) that has not been amended to comply with Section 409A of the tax code have until year end to take...

The national law firm of Quarles & Brady announced that Angela Marie Hubbell has joined the firm's Chicago office as a partner in the Employee Benefits & Executive...

The Federal Aviation Association (FAA) heard from researchers this week claiming that airline passengers lose $16.7 billion annually due to flight delays.   

Vanguard topped the chart for fund flows year-to-date, according to a recent report from Strategic Insight, an Asset International company.

Bolton Partners, Inc., of Baltimore, Md., has acquired Stephen R. Thomas Actuarial Associates, Inc., of Trenton, N.J.

A federal judge in Missouri reversed his ruling and gave a St. Peters, Missouri-based silicon wafer manufacturer another chance to argue that a stock-drop lawsuit against it should...

Advisers who use Loring Ward for investment management, business management, and practice development will be offered enhanced investment policy statement (IPS) models.

Royal Alliance Associates, an independent broker/dealer, hired Kevin Beard as Senior Vice President of Recruiting. 

Sheridan Road Financial, a provider of corporate advisory, corporate retirement, and wealth management services, has hired two investment consultants, Steven Kellar and...

Northern Trust released Data Direct, an application designed to access risk and performance data through Microsoft Excel.

New services from TD Ameritrade Institutional are designed to help independent registered investment advisers (RIAs) and third-party administrators (TPAs) grow their retirement plan business and better meet the...

Genworth Financial, Inc. agreed to acquire the Altegris companies, a provider of alternative investments including hedge funds and managed futures products, representing approximately $2 billion in client assets.

Women feel more overwhelmed, less confident and less in control than men when it comes to financial planning and retirement, a survey by the Penn Mutual Life Insurance Company...