News

Brokers are receiving incentives to switch firms, and the independent route is looking more attractive, according to research from Fidelity Investments and National Financial.

DWS Investments added Thomas A. Jones as director and head of National Accounts Management for its broker/dealer division in New York, the company said.

Advisers cite independence, personalization, and financial success as their reasons for leaving established firms to go independent, according to Schwab Institutional research.

Actively managed funds will see increased competition for assets in retail portfolios, including the retirement income space, according to research from the Financial Research Corporation.

The Retirement Advantage, Inc. (TRA) has announced the acquisition of DML Benefits, LLC. (DML), consisting of approximately 300 retirement plans.

A new report indicates that rollovers are a growing share of adviser businesses, even as they use it as an opportunity to reach beyond the initial rollover “event″.

Regardless of age, regular exercise is important.

Grandparents want help from advisers creating a savings plan to contribute to their grandchildren’s college education, according to research from The Hartford.

Securian said it now offers advisers tools they can use to help clients face their issues with debt and develop a strategy for setting up a steady stream...

Still River Retirement Planning Software, Inc., revised its software to support ongoing compliance with new IRS regulations requiring 403(b) plan sponsors to monitor participant loans and hardship withdrawals.

Charles Schwab&Co. Inc. offers online commentary about recent market events from Founder and Chairman Charles R. Schwab.

Fidelity Investments said Thursday it will cut nearly 1,300 jobs this month, and more layoffs are expected early next year.

The Securities and Exchange Commission (SEC) and the North American Securities Administrators Association (NASAA) said they will waive the initial set-up and annual system fees paid by investment...

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Plan sponsors and advisers of 403(b) plans now have access to a specimen document that can help them comply with new legal requirements.

Now that the election is over, what will a Barack Obama administration mean for the future of the markets?

The Newport Group announced it appointed Kris Krikorian and David Semmler as regional directors, reporting to Newport’s Chief Marketing Officer Tom Pittman.

Kravitz, provider of cash balance pension plans, announced it has completed the acquisition of the MaxPlan retirement plan business from JPMorgan Retirement Plan Services.

Two former executives of transfer agent Putnam Fiduciary Trust were given permanent injunctions and ordered to pay civil penalties, the Securities and Exchange Commission announced.

Lincoln Financial Group named Daniel Hayes as head of Funds Management, Retirement Solutions, the company announced.