News

BMO Global Asset Management introduced the BMO Low Volatility Equity Fund, designed to provide long-term returns comparable to U.S. large cap stocks but with less volatility.

Golden Retirement LLC’s Savings2Income program (S21) aims to address the needs of Baby Boomers planning for retirement with a combination of tax strategies and annuities.

The Department of Labor’s (DOL’s) re-proposal of the definition of fiduciary is another indication that fiduciary responsibilities are increasing, and broker/dealers in particular could be impacted.

The 401K Coach released the Fiduciary Advisor’s Rollover Toolkit to provide a solution and formal process for financial advisers to offer rollover IRA services.

AmericanFunds rolled out a multi-fund version of its Recordkeeper Direct tool, with the goal of providing advisers more investment and pricing flexibility.

Ohio Attorney General Mike DeWine announced an historic $2.43 billion settlement in a class-action lawsuit with Bank of America (BofA).

John Thompson, Jr. joined the institutional advisory solutions division of Hewitt EnnisKnupp, an Aon PLC company, as partner and head of investment solutions.

A record number of health care organizations are offering enhanced features in their defined contribution (DC) plans.

Valentina M. Glaviano was hired as director of distribution strategy, and Christopher McCool was appointed to vice president, for Altegris’ sales and consulting team.

The majority of investors view tail-risk management as an important part of their investment plans, but barriers remain for adopting risk-mitigation strategies.

The Merrill Lynch Affluent Insights Survey found families cautiously optimistic and regaining control of their financial lives.

RIAConnect, a new independent registered investment adviser (RIA) matchmaking service from TD Ameritrade Institutional, allows RIAs to network and...

The majority of company stock plan assets (57%) are being earmarked for eventual investment or retirement savings after participants sell them.

With the expansion of its Class I Shares lineup to 21 funds, OppenheimerFunds aims to provide greater transparency into defined contribution (DC) plan fees.

Most workers who are likely to focus on retirement savings have access to an employer-provided retirement plan, according to the Investment Company Institute.