News

Grail Advisors, which distributes actively managed exchange-traded funds (ETFs), announced a number of appointments to lead and manage the company’s sales and distribution efforts.

401kDIRECT launched a new program that gives advisers, third-party administrators (TPAs), and plan sponsors access to exchange-traded funds (ETFs).

Roland|Criss Fiduciary Services, a provider of fiduciary protection and certification programs to retirement plan sponsors and endowments, announced the addition of Brian Cressey to its staff.

Transamerica Insurance&Investment Group (TIIG) launched a resource for financial planners and life insurance professionals to help clients who have children or relatives with special needs.

A federal judge has given preliminary approval to a proposed $75 million deal to settle claims Merrill Lynch violated its fiduciary responsibilities by keeping company stock in its...

Congressman Dennis Kucinich (D-Ohio) on Monday urged the U.S. Securities and Exchange Commission (SEC) to determine if Merrill Lynch bonuses violated securities laws, according to a news report.

Epic Advisors has been acquired by GenSpring Family Offices, a wealth management firm for ultra-high-net-worth families.

ETF Advisor k, a Memphis, Tennessee-based open architecture retirement plan provider, has introduced a retirement plan based on exchange-traded funds (ETF) for fee-based advisers and trust departments that...

Windham Capital Management, an investment technology provider, released a software tool for financial advisers, the Windham Planner Express.

The Principal will offer a 0% rate increase on several employee benefits for customers with 50 or fewer employees.

Curian Capital said it expanded its Custom Style Portfolios with the addition of the Curian Tactical Advantage Strategy.

Mike Corbat has been named CEO of Citi Holdings, which includes its brokerage and asset management units and local consumer finance and a special asset pool.

Vanguard FTSE All-World ex-US Small-Cap ETF (ticker: VSS), which seeks to track the performance of the FTSE Global Small Cap ex US Index, began trading on the NYSE...

U.S. Congressman Earl Pomeroy (D-North Dakota) has introduced legislation that would make changes to the Saver’s Credit.

A federal judge in New Jersey has approved a $1 million settlement in a long-standing legal battle waged by a group of former Prudential Financial advisers over whether...

A retirement plan fund for Chrysler LLC employees that was designed not to lose money has decreased to 89 cents on the dollar, Reuters reports.

The U.S. House, by a voice vote, has passed the Federal Retirement Reform Act of 2009.

Smith Barney has expanded its plan provider platform to include ADP.

As they look to cut fees, corporate 401(k) plan sponsors are continuing to opt for institutional pools over institutionally priced mutual funds, according to research by Cerulli Associates.

The U.S. Treasury Department has extended its intervention efforts to support money market funds for five more months, the agency announced.