News

Aon Consulting Worldwide announced that Francois Choquette will join the Global Benefits practice as senior vice president and leader of the Americas team, which covers the United States,...

Morningstar, Inc. has launched its latest version of Morningstar Direct, a Web-based research platform that connects institutional investment professionals to Morningstar's investment research and data.

Putnam Investments has launched a suite of target absolute return mutual funds designed to seek annualized total returns of 1%, 3%, 5%, or 7% above those of Treasury...

Recordkeeper ExpertPlan has acquired a third-party administrator based in suburban Philadelphia.

The Mohegan Tribal Gaming Authority has announced it will suspend future annual and merit pay raises and stop company match contributions to its 401(k) retirement plans.

John Vanderheyden has been tapped as senior vice president and COO of NFP Securities, Inc. (NFPSI), the broker/dealer subsidiary of National Financial Partners Corp.

GenXpense.com, an interactive Web site offering important tools young adults need to skillfully manage their finances, has been introduced.

ING has introduced the ING Educator's Direct 403(b) Program, a variable annuity issued by ING Life Insurance and Annuity Company, to education professionals in Delaware.

John Hancock Funds announced it has completed the adoption of the Robeco Boston Partners Large Cap Value Fund and relaunched it as John Hancock Disciplined Value Fund (JVLAX).

Calling it an "index for a changing world," investment manager PIMCO has introduced the PIMCO Global Advantage Bond Index (GLADI).

President-elect Obama and Democrats in Congress hope to keep the estate tax instated in 2010, according to a report in the Wall Street Journal.

A New York oscilloscope maker is the latest employer to put its 401(k) match on hold as part of a cost-cutting effort.

AIG Small Business, a division of AIG Commercial Insurance, said its AIG e-Excess platform now features a premium indication tool and multi-limit quote functionality to help brokers process...

The top concerns of fund managers during the next 10 to 20 years focus on inadequate retirement incomes from defined contribution (DC) plans for large segments of the...

Advisor Products, Inc., which makes Web sites, client newsletters, and brochures for financial advisers, is offering free series of Webinars about the financial crisis for advisers.

OppenheimerFunds announced that Art Steinmetz has been named Director of Fixed Income, effective immediately.

A few decades ago, I suffered a nasty skiing accident.

Aon Consulting Worldwide has named Joe Clouse as senior vice president and Northeast regional leader of business development, the firm announced.

The Internal Revenue Service (IRS) has modified reporting requirements applicable to required minimum distributions (RMDs) from individual retirement accounts (IRAs) to reflect the waiver of the RMD rules...

The latest U.S. Treasury Department treatise on Social Security reform suggests increasing both the early and normal retirement ages would help encourage more Americans to stay in the...