News

Robert McCann, CEO of UBS Wealth Management Americas, has filled out the firm’s leadership team with former Merrill Lynch executives, according to news reports.

Chartwell Partners has launched an emerging markets investment product that excludes China and Vietnam.

Great-West Retirement Services has appointed Ryan Derbes as regional sales director for West Florida, the Florida Panhandle, and Southern Alabama.

The SPARK Institute has released the final version of its guidelines on Form 5500 Aggregation for multiple-vendor 403(b) plans.

A closely watched case involving the dismissal of a lawsuit alleging excessive 401(k) fees by Deere & Co. won’t get a hearing before the nation’s highest court.

Kiplinger’s Personal Finance magazine and the National Association of Personal Financial Advisors (NAPFA) are offering free financial planning services as part of a two-day event.

Progress in November helped bring year-to-date net flows worldwide to $825 billion—reaching full-year gains made in 2007, according to data from Strategic Insight (SI), an Asset International company.

ProTracker Software, Inc., announced the launch of ProTracker Cloud, a hosted remote client relationship management (CRM) solution.

BrightScope said its new Personal 401k Fee Report product allows 401(k) plan participants to figure out what they pay in fees.

SunGard has launched MyWealthSeries, a set of online financial planning tools for advisers to offer their clients and prospects from their own Web sites.

Participants who were inclined to rebalance their accounts in 2009 tended to follow the market, according to a new report.

Index provider FTSE Group and the EDHEC-Risk Institute have launched a new set of “risk efficient” indexes.

Two teachers have filed a lawsuit against VALIC, claiming the firm misled them about purchasing annuities for their 403(b) accounts.

As the defined contribution (DC) arena becomes more complex and competitive for financial advisers, Morgan Stanley Smith Barney (MSSB) is focusing its efforts on a lineup of retirement...

Fiduciary Investment Advisors, LLC says that Christopher Rowlins has joined the Windsor, Connecticut-based firm as a consultant.

A Department of Labor (DoL) administrative law judge has rejected the appeal by a 401(k) plan administrator of an $86,500 civil penalty, ruling that bankruptcy did not relieve...

A listing of the fastest-growing active fund managers in 2009 includes mostly smaller firms.

U.S. investors’ use of bond mutual funds reached record levels in 2009.

Fund managers polled late last year were significantly more optimistic about their business prospects than those surveyed at mid-year, according to Cerulli Associates.

In 2009, exchange-traded funds (ETFs), including exchange-traded notes (ETNs) drew $114.4 billion in net inflows, according to Strategic Insight, an Asset International company.