News

Paychex Inc. may have influenced a 401(k) plan’s investment lineup, but did not make the ultimate decision about which fund options to offer participants, a federal judge has...

The Principal Financial Group has launched a Web site to help educate advisers and sponsors about the Department of Labor’s (DoL) new fee disclosure regulation.

Through a strategic alliance with Mid Atlantic Financial Platforms, Inc. (MAFP), DailyAccess Corporation is now positioned to offer exchange traded funds (ETFs) in employee benefit plans.

Curtis Arledge will be joining BNY Mellon as vice chairman of the corporation and chief executive officer of BNY Mellon Asset Management.

BNY Mellon Asset Servicing has enhanced its Workbench platform to help institutional investors comply with new accounting standards that require them to report the industry ratings of their...

The Connecticut Supreme Court has blocked a move by state Attorney General Richard Blumenthal to publicize confidential subpoenaed business documents from a Florida insurance brokerage. 

Securian Financial Group’s Fiduciary Clarity program offers advisers the means to help educate employers to manage their investment and administrative fiduciary responsibilities.

A new study concludes that while offering convenient savings options to low-income workers should help improve their retirement security, fewer individuals may take advantage of the opportunity than...

Janney Capital Markets has named Jennifer Feeley, Director, Institutional Equity Sales.

Wilmington Trust has hired Benjamin D. Gorton to help lead business development initiatives at Wilmington Trust Retirement and Institutional Services Company (WTRIS).  

Steven Kjar has joined Lockton in San Francisco as a Vice President and Retirement Plan Producer. 

 Russell Investments has kicked off an expanded manager due diligence service. 

NewRiver, Inc. and Newkirk Products, Inc. have entered into an agreement for Newkirk to distribute NewRiver's Prospectus Express product in the 401(k) and 403(b) markets via Newkirk's Fund...

Natixis Global Associates (NGA) has unveiled a mutual fund in conjunction with Westpeak Global Advisors. 

CBIZ, Inc. has acquired South Winds, Inc., a Baltimore, Maryland-based retirement plan consulting firm, effective August 1, 2010.   

When the IRS points out retirement plan mistakes, avoid the ‘flight or fight’ urge

David Tyrie is joining Bank of America Merrill Lynch to lead Personal Retirement Solutions.

Black Diamond Performance Reporting announced that RIA industry veteran, Nancy Ma-Apfel, has joined the firm as Director of Client Service.

A new Hartford Financial Services Group survey found that 27% of Americans have had to take withdrawals from savings, investment, or retirement accounts to get by.  

Genworth Financial Wealth Management (GFWM), a subsidiary of Genworth Financial, Inc., has added Eaton Vance as a Portfolio Strategist for client accounts.