News

A new Fidelity program, “Expand Your Practice,” is intended to help registered investment advisers (RIAs) analyze their readiness to grow through mergers, acquisitions, or hiring new people.

In a commentary in The Baltimore Sun this week, two writers suggest that the woes of the Washington Nationals baseball team are caused by none other than...

A recent survey found that the vast majority of investors do not know which financial professionals are held to official “fiduciary standards.”  

Three women who claimed they were examples of a systemic gender bias problem at Goldman Sachs have sued the Wall Street firm in federal court alleging discrimination in...

New research finds the average ESOP participant has 20% more defined contribution assets than the average participant in a non-ESOP DC plan, and far less comes out of...

Forty-five companies and interest groups representing the retirement industry testified before the Department of Labor (DoL) and the U.S. Treasury yesterday and today to discuss lifetime income...

CPI Qualified Plan Consultants, Inc. announced that the Delaware Investments family of mutual funds has been added to its retirement plan platform.

PIMCO has launched the PIMCO High Yield Spectrum Fund.

Invesco announced that Henry Robin has joined its fund of funds team as a Managing Director.

The Unified Managed Account Exchange, UMAX, will provide independent registered investment advisers (RIAs) with more flexibility and allow them to expand investment options for clients.

 The relentless march of 401(k) assets out of equities into fixed income continued unabated in August, according to the latest results of the Hewitt 401(k) Index.

The SPARK Institute has published the final version of its Best Practices for ERISA-covered 403(b) plans that must file a full Form 5500. 

A majority (55%) of 401(k) plan participants surveyed say they would use free personalized advice if their employer made it available. 

 Prudential Investments has launched IPS Scorecard, a tool that helps financial advisers and their plan sponsor clients assess whether their fund lineups meet the criteria in their investment...

 State Street Global Advisors (SSgA) has announced that the SPDR S&P Global Natural Resources ETF (Symbol: GNR) began trading on the NYSE Arca on Tuesday.

A survey conducted by Rydex|SGI's AdvisorBenchmarking of 427 registered investment adviser (RIA) firms found their average assets under management (AUM) increased by 28% from 2008 to 2009.  

Exchange-traded funds posted net outflows totaling roughly $1.3 billion August, ending a six-month streak of consecutive monthly inflows, according to Morningstar Direct’s Fund Flows Update.

Long-term fund flows increased by more than 11% in August versus July, and once again the lion's share went to fixed-income funds, according to the Morningstar Direct Fund...

Driven by ongoing demand for bond funds, U.S. mutual fund investors added about $20 billion in net new cash to U.S. stock and bond mutual funds in August...

Dow Jones Indexes has launched the Dow Jones Emerging Markets Consumer Titans 30 Index, measuring the performance of 30 leading consumer goods and consumer service companies in emerging...