Emerging markets dropped by 0.11% over the month of January, while developed markets gained 1.20%, but developed market returns trailed emerging markets for both the three- and 12-month periods, according to new Standard&Poor’s data.
Former U.S. Representative Harold E. Ford Jr. has been hired by Merrill Lynch&Co.
You may have noticed that the days are getting longer – but are you ready to spring forward?
Shares of the first yen-based exchange traded fund (ETF) have begun trading on the New York Stock Exchange.
AIG SunAmerica Retirement Markets has announced a partnership with plan administrator PAi, Inc., as part of AIG’s Polaris401 (k) program for small- to medium-sized companies.
Great-West Retirement Services is piloting a system that will allow retirement plan participants to roll their assets into an individual retirement account (IRA) through a partnership with RolloverSystems.
XShares Advisors LLC has announced its agreement with Elliott Wave International, Inc. (EWI) to create exchange traded funds (ETFs) based on technical methods developed or validated by EWI.
AIG VALIC’s independent advice and managed-account platform has been expanded for the distribution phase of retirement.
The Online 401(k), a provider of full-service Web-based 401(k) plans for small and single-person businesses, has signed more than 40 strategic alliances with independent payroll providers across the country as of January 2007.
SunGard has announced a joint marketing agreement between its ProNvest and Signix business units with Wealth Management Systems Inc. (WMSI), a provider of technology-based rollover services.
NASD has fined three investment distributors a total of $700,000 for violations of NASD's non-cash compensation rules, including improperly providing entertainment and paying for guest expenses at training and education meetings.
National Planning Corporation (NPC) has launched a 401(k) plan program for small and mid-sized companies that uses exchange-traded funds (ETFs) as its primary investment option.
Despite steady access to retirement plans, the number of working family heads that participated in their employer’s retirement plan dropped more than 2 percentage points from 2001 through 2004, to 46.1%.
Two hot retirement plan trends appear to be converging in a way that could dramatically alter the investment management complexion of 401(k) plans: exchange-traded funds and lifecycle funds.
There appear to be two great debates of our time—Is global warming (oops, I mean global climate change) real? and How much do people need to save for retirement?
By the end of 2010, UBS, the world's largest money manager, plans to have $250 billion in ultra-high net worth client assets under management, and about 400 advisers serving those clients.
Segal has issued a reminder that the Department of Labor’s (DoL) new requirements for individual benefit statements require changes to participant plan statements.
A California CPA firm will have to pay $5,000 in restitution to an employee stock ownership plan (ESOP), to resolve a lawsuit alleging that the CPA firm knowingly participated in fiduciary breaches under the Employee Retirement Income Security Act (ERISA).
Modest overall economic growth and a subsiding of inflation fears contributed to strong performance from U.S. equity markets in the last quarter of 2006, according to Mercer Investment Consulting (Mercer IC).
CDM Retirement Consultants, Inc. has come out with two new programs, the CDM Level Compensation Program and the CDM Fee-Based Program, to help advisers comply with fee transparency regulations.