News

AXA Distributors, LLC, the annuity wholesale distribution unit of AXA Equitable Life Insurance Company, now offers an educational program about retirement income planning for financial professionals.

Dow Jones & Company rolled out a new service to provide financial advisers market, investment, and practice management news and analysis.

The Securities and Exchange Commission (SEC) didn’t waste a breath in filing additional charges against Bank of America (BofA).

GE Asset Management (GEAM) has named Chris Adey to the newly created role of global consultant relations leader.

BlackRock, Inc. said that global exchange-traded-fund (ETF) assets hit an all time high of $1 trillion at the end of 2009.

Archimedes Systems has announced the appointment of Stephen Daniels as director of Retirement Planning Solutions.

The U.S. Department of Labor (DoL) has filed suit against the owners of a bankrupt Chicago-area company for diverting their employees’ health care premium payments and 401(k) contributions...

DoubleLine Capital LP, the money management firm started last month by star bond fund manager Jeffrey Gundlach, is gearing up to offer some new funds.

Defined contribution (DC) plan sponsors said reviewing plan-related expenses was the most important fiduciary action they took over the past year, according to a Callan Associates survey.

While the 529 market is growing, the Financial Research Corporation (FRC) found that a large number of adviser-influenced account owners bypass traditional adviser-sold plans.

Charles D. Cahill has joined Cassidy Retirement Group, a Concord, Massachusetts-based retirement plan consulting firm, as a consulting actuary.

The nation’s economic downturn has prompted plaintiffs’ lawyers to increase the pace of filing of class action lawsuits to recover 401(k) plan losses under the Employee Retirement Income...

To meet “Americans' growing need for financial guidance,” Northwestern Mutual said it plans to recruit more than 2,300 financial representatives and more than 2,500 financial representative interns in...

Despite reports that many Americans are delaying retirement, the majority of surveyed advisers said their clients’ confidence in their ability to retire remains steady.

Great-West Retirement Services said it has hired six more internal wholesalers to boost the support it provides its external sales force and their financial adviser and third-party administrator...

ING Institutional Plan Services Group will be the administrator for Minnesota's 457 deferred compensation plan.

VALIC has hired Robert J. "Bob" Architect, formerly senior tax law specialist and 403(b) guidance author in the Internal Revenue Service's Employee Plans Division, as vice president of...

Last year was kind to the exchange-traded-funds (ETFs) market, with a whopping 45% jump in assets over the year to $775.8 billion as of December 31, according to...

The Guardian Insurance & Annuity Company, Inc. (GIAC), is initiating an enhanced awards program for third-party administrators (TPAs) whose clients utilize The Guardian Choice and The Guardian Advantage...

Asset Dedication, LLC, a provider of asset allocation strategies for independent financial advisers, hired Tony Parkin to focus on developing its business within the adviser marketplace.