News

Labor Dazed

While Labor Day has been celebrated as a national holiday for more than 100 years, it wasn’t easy.

Vanguard to Take Control of Long/Short Fund

The Vanguard Group has announced a proposal with Charles Schwab Investment Management to reorganize the Laudus Rosenberg U.S. Large/Mid Capitalization Long/Short Equity Fund into a new Vanguard offering.

S&P Sets Index Sights on the 'Stars'

Standard&Poor’s has launched two indexes providing investors with exposure to the top stock picks of Standard&Poor’s Equity Research analysts in Europe and the United States.

Generation Gaps

They have never rolled down a car window, never known a time when the Berlin Wall stood, and never seen anyone but Jay Leno host the Tonight Show.

Law Firms Want More Time to Comply With 409A

A group of 92 large law firms has asked the Internal Revenue Service (IRS) for a one-year extension to comply with new §409A regulations, saying the current timeline is 'not sufficient' to ensure thorough compliance.

MG Advisory Demographic Report for Advisers Includes Plan Fund Data

MG Advisory Services, LLC, a subsidiary of Matrix Settlement&Clearance Services, LLC, has announced the release of its new Plan Demographic Report for advisers and third-party administrators (TPAs) that combines participant/plan data with fund data, in an open architecture environment.

Dow Jones Announces Commodity Index-Based ETF

Dow Jones Indexes has announced the launch of The Dow Jones - AIG Commodity SwapEX, an exchange-traded fund (ETF) for which the Dow Jones - AIG Commodity Index has been licensed to INDEXCHANGE Investment AG to serve as the underlying index.

Few Workers Have Adviser-Driven Retirement Plan

Only 16% of respondents surveyed by Thrivent Financial Services for Lutherans said they had undertaken a formal retirement planning process with an adviser, though 34% said they had done serious calculations of their retirement needs on their own.