News

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Generally speaking, there’s no such thing as a sure thing – certainly when it comes to investing.

Northern Trust announced Tuesday the scheduled closing of Northern Exchange Traded Shares (NETS) traded on NYSE Arca for February 20.

State Street Global Advisors (SSgA) has launched the SPDR Barclays Capital Short Term International Treasury Bond ETF (symbol: BWZ) and the SPDR Barclays Capital Mortgage Backed Bond ETF...

T. Rowe price unveiled a Web resource for advisers, featuring customizable and downloadable data to the firm's mutual funds.

Recent market setbacks have led affluent retirees to show greater interest in receiving a guaranteed income stream, according to a survey by MFS Investment Management.

The Hartford is launching an electronic application process for its SMART529 accounts.

The FTSE Group has completed the acquisition of Pensions Benchmark Corporation (PBC), a U.S.-based quantitative analysis business.

The Bostonian Group, a Boston-based employee benefits firm, has acquired a minority share of Marketing Associates Financial Services, Inc. (MAFS).

New York's attorney general issued a subpoena to former Merrill Lynch Chief Executive John Thain, in an investigation of bonuses paid to Merrill Lynch’s employees before the takeover...

Advisers plan to address wealth preservation and asset allocation with clients, rather than retirement planning in 2009.

Sprint Nextel Corp. on Monday joined a growing roster of employers scrambling to make companywide cost reductions including suspending their 2009 401(k) match.

ijoin has introduced a new turnkey 401(k) enrollment solution it says will offer greater efficiency and effectiveness while helping participants make sound investment choices.

ProNvest Inc. has rolled out a new service designed to assist plan sponsors with their fiduciary liability in offering managed accounts.

Charles Schwab&Co. has launched Real Life Retirement Services, to provide practical help for people making the transition to retirement.

AIG Global Real Estate has announced plans to divest its fund management business.

Equity plan solutions provider Transcentive has announced the release of version 10.0 of the Express Equity suite of products, which includes the Express Options software solution.

The Denver-based ePlan Services announced it has been selected by SunTrust Banks to help develop an online 401(k) for the small end of the retirement plan market.

Ameriprise Financial advisers can now use John Hancock Retirement Plan Services’ product services with 401(k) plans.

Financial advisers are a mobile bunch and increasingly want access to client data and other services from their mobile phones.