News

Once again, 401(k) participants that were inclined to rebalance their accounts tended to chase the market.

The labor-force participation rate is increasing for Americans ages 55 and older as they are faced with higher health costs and economic losses, according to a study published...

The U. S. Department of Labor’s Employee Benefits Security Administration (EBSA) has issued guidance for 403(b) plans subject to new Form 5500 reporting requirements.

Credit Suisse announced today that for the first time, U.S. investors will be able to access the Credit Suisse/Tremont Long/Short Equity Hedge Fund Index strategy through an exchange-traded...

Evermore Global Advisors, LLC, has launched the Evermore Global Value Fund and Evermore European Value Fund.

It was hard not to be struck this past week by that Pew Center on the States report titled “The Trillion Dollar Gap.” 

Data from insurance.com suggests certain professions are more likely to have had an accident.

An Internal Revenue Service (IRS) official said the agency has set April 1 as its target date for launching an opinion letter program for prototype and volume submitter...

Standard & Poor's has launched the S&P Dynamic Futures Index (S&P DFI).

Invesco PowerShares announced the PowerShares CEF Income Composite Portfolio began trading Friday on the NYSE Arca under the ticker symbol PCEF.

Bank of America Merrill Lynch’s wealth management unit poached Morgan Stanley Smith Barney executive Jimmy Tighe to serve as a senior office responsible for business and resource integration,...

William Blair & Company announced that Daniel P. Charles will join the firm as global head of distribution for William Blair Investment Management, effective March 10.

Archimedes Systems, Inc., and Convergent Retirement Plan Solutions LLC announced the launch of RothProfessional.com, a Web portal to aid advisers with Roth individual retirement account (IRA) conversions.

New York-based asset manager Van Eck Global has launched the Market Vectors Egypt Index ETF on NYSE Arca.

F-Squared Investments has unveiled the AlphaSector AllWeather Indexes.

Lincoln National Corporation has enhanced its Lincoln Unifier service offering to further help employers comply with the new 403(b) regulations.

Integrated Retirement Initiatives, LLC, (IRI) has announced the addition of John Paul Ruiz and Gordy Lusian to its staff.

USI Consulting Group has introduced a new EFAST2 Solution to assist its Direct Solutions clients in meeting Department of Labor-mandated Form 5500 electronic filing requirements.

The latest BofA Merrill Lynch survey found that fund managers are retreating into cash as skepticism rises over economic recovery in Europe and China.

The IRS has released the 2010 version of its “discussion”—and rebuttal—of many of the more common frivolous arguments made by individuals and groups that oppose compliance with federal...