In order to better generate retirement income for investors, the investment management arm of State Street Global Advisors has changed the asset allocations of its target date fund strategies.
The U.S. Department of Labor’s (DoL) Employee Benefits Security Administration will tomorrow publish a "request for information" (RFI) in the Federal Register asking for proposals on how to best approach 401(k) fee disclosures by retirement plans to their participants.
Advisers who help clients put together a formal retirement income plan end up with more assets – and more referrals - from more satisfied customers.
MSCI Barra has developed a global family of Islamic indices designed to reflect the Shariah investment principles.
Nearly one in five adults expects to work until they die, and perhaps with good reason, based on their savings rates.
With final regulations rumored to be just weeks away, a new survey of the 403(b) market finds an industry seemingly poised to exploit those changes.
As the parent of a daughter away at college for the first time, the events in Blacksburg, Virginia, last week had a particularly horrific effect.
Fee-based practices are growing, with 46% of advisers adopting that pricing structure, an increase of 35% over the past five years.
A former corporate actions clerk at ING Financial Services was arrested Thursday on federal wire fraud charges for his part in an embezzlement scheme related to client dividend payments.
Nuveen Investments is acquiring HydePark Investment Strategies, a firm that specializes in enhanced equity investment management.
Combined assets of the world’s mutual funds increased 7.6%, to $21.76 trillion at the end of the fourth quarter of 2006 and 22.5% for the year, according to the Investment Company Institute (ICI).
Investors would do well to focus on the mid-cap asset class in 2007, according to Standard&Poor's Equity Research Services.
Fidelity Investments’ Vice Chairman and Chief Operating Officer Robert L. Reynolds announced his departure today.
When it comes to social trust, there's a significant difference between living in the city and the country - it's just not entirely clear why.
Many married couples are not in agreement when it comes to retirement plans - 22% of couples don’t even agree on whether or not they use the services of a financial adviser.
Pershing Advisor Solutions LLC has launched a new program for independent registered investment advisers (RIAs) offering support in the area of practice management, including planning and marketing.
Concerned that employees are not paying attention to their retirement savings, 96% of U.S. employers say their top priority is encouraging employees to take more responsibility.
Dodd F. Kittsley, previously the director of the Strategy and Research Group for State Street Global Advisors (SSgA), has joined Barclays Global Investors (BGI).
Cynthia L. Egan has left her post at Fidelity Investments to become president of T. Rowe Price Retirement Plan Services.
The Online 401(k) is partnering with nine payroll firms around the country during the first quarter of 2007, enabling small businesses to access an independent, integrated payroll and 401(k) product.