News

Independent retirement consulting firm 401(k) Advisors has announced the opening of an office in Orlando, Florida, under the leadership of Phillip Senderowitz.

A study of 84 large employers from Hewitt Associates finds that employees who contribute to their savings plans over a full career are on track to have retirement...

Interactive Data Corporation has announced that it is providing end-of-day index values as well as analytics capabilities for ten of Accretive Asset Management, LLC’s Bulletshares USD Corporate Bond...

An analysis of Mercer’s database of 1.2 million defined contribution plan participants suggests that participants who utilized automatic rebalancing and automatic deferral increase during the recent market downturns...

Bank of America Merrill Lynch has expanded its Retirement & Philanthropic Services (RPS) group with the addition of two new members, one focused on the small business segment...

 Russell Investments has launched what it says is the first U.S. multi-manager mutual fund with a specific commodities mandate.

 Schneider Downs Wealth Management Advisors, LP has announced a name change for its retirement plan division.

Lincoln Financial Distributors, the wholesale distribution subsidiary of Lincoln Financial Group has gone inside to find a new national sales manager for its 401(k) business. 

We all know that some mornings its harder than others to get to work on time. 

 On June 29 Invesco PowerShares Capital Management, LLC and Deutsche Bank launched two Exchange Traded Notes (ETNs) linked to CBOT Ultra T-Bond futures.

 Neuberger Berman has named William H. Barnes as a senior vice president in institutional distribution focused on public funds.

 Nuveen Investments announced additional efforts in developing its business platform that serves the employer-sponsored retirement market as a defined contribution investment only (DCIO) service provider.

 ReFlow Management Co., LLC has introduced the ReFlow Fund Flow Volatility Index (FLIX Index), designed to help mutual fund managers better understand fluctuating asset flows and their impacts...

UBS Investment Bank announced the new UBS E-TRACS 2x Leveraged Long Alerian MLP Infrastructure Index has begun trading on NYSE Arca under the ticker symbol, MLPL.

EGShares has launched the India Small Cap ETF (NYSE: SCIN).

Federal officials are investigating Franklin, Tennessee-based Sommet Group for allegations of stealing and embezzling money intended for employee benefit plans.

 Investment Risk Management Systems Inc. has released a new Web-based tool that uses risk, return and persistence ratings to identify funds with low risk and high returns.

 A CPA has been disbarred after the government found he failed to exercise due diligence in preparing tax returns for a corporation and its married shareholders. 

UBS Wealth Management Americas has entered into a strategic partnership with Richard Bernstein Advisors.

Anyone who has been paying attention to 401(k) plan litigation these past several years knows that a common trigger—perhaps the most common trigger—for litigation is the presence...