News

Cullen Capital Management has launched the Cullen Small Cap Value Fund.

Strong long-term fund flows persisted in August, and the recent pattern of greater flows into bond funds continued as well, according to Strategic Insight (SI).

Citi announced that financial advisers at Citibank branches will no longer provide commission-based transactions.

A former payroll administrator for a Houston recycling company has been indicted for stealing paychecks and 401(k) plan money.

Invesco has named K. Stuart Peskin as managing director for client service within its Institutional Sales and Client Service team.

A Winona County (Minnesota) District Court judge has ruled against two unions that sued the Winona school district over the reduction of the number of vendors serving the...

VALIC has been retained by Anne Arundel County (Maryland) Public Schools (AACPS) and the Iowa Department of Administrative Services (DAS) as a 403(b) and 457(b) plan provider.

Great-West Retirement Services announced that Fairfax County Public Schools (FCPS) in Virginia has hired it as one of the school system’s three 403(b) plan providers, serving 6,000 employees.

A U.S. Government Accountability Office (GAO) report suggests that if federal regulators gather more information from certain types of retirement savings plans and issue more guidance about plan...

Saturna Capital Corporation, adviser to the Amana Mutual Funds Trust, has launched the Amana Developing World Fund (AMDWX), the third in the Amana Funds family designed for American...

Small- and mid-sized plan sponsors may now have an easier time keeping up with the Joneses with the help of Transamerica Retirement Services’ enhanced Annual Retirement Plan Review.

More than three-quarters (79%) of affluent investors are satisfied with their financial adviser, according to a new quarterly survey by Merrill Lynch Wealth Management.

Bank of America (BofA) said it is re-launching the Merrill Lynch brand with a new marketing campaign.

Officials from Treasury and the IRS have indicated that the IRS is planning to issue guidance on a number of issues involving Code Section 457 deferred compensation plans,...

Invesco has emerged in the lead to acquire the mutual fund business from Morgan Stanley’s Van Kampen, according to The Wall Street Journal.

A district court has dismissed claims by retirement plan participants that Humana officials violated their fiduciary duties by holding plan assets in company stock after mistakes made in...

It’s been a challenging year, but independent registered investment advisers (RIAs) are optimistic, according to a quarterly survey by TD AMERITRADE Institutional.

I am admittedly something of a pension (and regulatory) geek, but when the SunAmerica Opinion was published (December 2001), it was clear that something big had...

The Wiley Group ended a long relationship with Morgan Stanley Smith Barney to form a fully independent registered investment adviser.

BPAS, a national provider of administration, clearing, and custodial services, announced an addition to its sales team based in the Midwest.