News

In another shift in the asset management industry, AllianceBernstein L.P. announced it has acquired SunAmerica's alternative investments group.

Even though the U.S. Department of Labor (DoL) has already turned down a similar request, The American Society of Pension Professionals & Actuaries (ASPPA) has also asked for...

EPFR Global-tracked Emerging Markets, U.S. and Global Bond Funds remain on track for record-setting years going into the fourth quarter, as are Global Emerging Markets (GEM) Equity Funds.

Financial services firm Edward Jones has reached a distribution agreement with Prudential Financial to offer its clients variable annuities and individual life insurance from Prudential companies.

When asked if auto-escalation beginning at age 45 would be appealing, 22% of defined contribution participants said they would be interested in a 1% increase every year.

Putnam Investments has announced the nationwide availability of Putnam 529 for America, its new adviser-sold 529 college savings plan.

Plan Fiduciary Services, Inc. is sponsoring the Affiliated Employers Retirement Savings Plan, a multiple-employer plan it says will lower plan administration costs.

A successful request for proposals (RFP) or request for information (RFI) process starts with establishing goals.

The Securities and Exchange Commission (SEC) has charged a pair of former State Street Bank and Trust Company employees with misleading investors about their exposure to subprime investments.

Lawsuits by workers claiming BP Plc’s North American unit mismanaged their retirement savings plan should be sent to the Texas court already handling investor claims prompted by the...

Corporate Insight recently found that 45% of the asset management firms it tracks are employing social media in some way.

The Securities and Exchange Commission plans to introduce rules "in the next few weeks" that would give shareholders in 2011 a vote on the pay packages of top...

Windham Capital Management revealed the “Windham Tactical Portfolio,” an active asset allocation strategy that uses proprietary risk measures to control exposures throughout market cycles.

Retirement Plan Advisory Group (RPAG), a national independent retirement plan practice management, firm has enhanced its proprietary Scorecard System with the addition of Overlap, a holdings-based fiduciary analysis...

National Financial, a Fidelity Investments company and provider of custody and clearing services to broker/dealers, announced a suite of fee-based trading capabilities into its Streetscape brokerage workstation.

A report from the MetLife Mature Market Institute says those born between 1946 and 1955 will transform the traditional concept of retirement.

The Board of Directors of Paychex, Inc., has named Martin Mucci president and chief executive officer, effective immediately.

The SPARK Institute has released final information sharing standards and data records for lifetime income solutions that are used in retirement plans.

Two national business groups have gone to court to challenge the new Securities and Exchange Commission (SEC) proxy access rule.

Many older Americans who are approaching or who have passed the traditional retirement age of 65 are decidedly pessimistic about their short- and long-term financial future, especially as...