News

The Dreyfus Corporation, a subsidiary of BNY Mellon Asset Management, has announced the launch of Dreyfus Global Real Return Fund, Inc.

Georgia Governor Sonny Perdue has signed a bill that eliminates taxes on retirement income for senior citizens.

Putnam Investments says it will begin to “actively seek opportunities” to serve the broader college savings market nationwide.

U.S. open-end mutual funds gathered almost $41 billion in assets during April, according to Morningstar Direct Fund Flows.

The Hartford Mutual Funds now offers the Hartford Portfolio Toolbox powered by Morningstar (HPT) for financial advisers registered on HartfordMutualFunds.com.

Two federal lawmakers have introduced a bill they say would boost employee-owned businesses through tax law changes.

Great-West Retirement Services has appointed Gary Biesiadecki as regional director for the organization’s central U.S. Public/Nonprofit (PNP) business, effective May 16.

State Street Global Advisors (SSgA) has announced that the SPDR Nuveen Barclays Capital Build America Bond ETF (symbol: BABS) began trading on the NYSE Arca on Thursday.

Investors poured $12.2 billion into exchange-traded funds (ETFs) in April 2010, bringing total year-to-date net inflows to $19.9 billion, according to Morningstar Direct Fund Flows.

Federal employees are outpacing the general population in putting dollars toward retirement and long-term debt, according to the First Command Financial Behaviors Index.

Scott Holsopple will assume the position of chief executive officer of Smart401k immediately.

The Employee Benefits Security Administration (EBSA) has announced that the EFAST2 electronic filing system for Forms 5500 and 5500-SF employee benefit plan annual reports has a new e-signature...

Fidelity Investments announced the launch of the Fidelity Corporate Bond Fund with retail and adviser shares and the addition of an adviser class to the Fidelity Real...

A Facebook message from your 100-year-old Grandma?

PIMCO has hired Sebastien Page as an executive vice president and head of the Client Analytics Group.

State Street Global Advisors (SSgA), the investment management business of State Street Corporation, announced that Lynn Blake will assume the role of global head of Index Equity following...

The Hartford Financial Services Group is introducing investment options from three faith-based investment fund families into its retirement plans.

SteelPath has announced the launch of the SteelPath MLP Alpha Fund.

401(k) participant transfers were strongly equity-oriented in April, according to the Hewitt 401(k) Index.

While many advisers are still not embracing annuities in retirement income planning, almost 30% said they have increased their use of guaranteed income streams amid the market crisis,...