News

 Aria Retirement Solutions introduced the first of its series of RetireOne guaranteed income solutions.  

Brown Advisory added a new mutual fund, the Brown Advisory Equity Income Fund.  

Schwab Retirement Plan Services Inc. launched Schwab Index Advantage, a 401(k) plan offer designed to lower costs, simplify investing and help workers better prepare for retirement. 

Bruce Rodio was named senior investment adviser at Towers Watson. 

Institutional investment managers are gaining confidence in the U.S. economy, according to a quarterly survey conducted by Northern Trust.

Kidder Benefits Consultants appointed Ray Hansen as regional pension consultant.

Education was chief among priorities for plan sponsors and advisers in 2011, according to Kevin Crain, head of institutional retirement and benefit services for Bank Of America Merrill...

ETF flows topped $19 billion in December 2011.  

National Financial Partners Corp., a provider of benefits, insurance and wealth management services, acquired AGS Benefits Group, LLC (AGS Benefits).

 The Principal Financial Group expanded its investment fiduciary support to include ERISA 3(21) and 3(38) fiduciary services.  

Monocacyfabs Inc., of Bethlehem, Pennsylvania, has been ordered to restore $34,000 to its 401(k) plan.

The 2nd U.S. Circuit Court of Appeals reversed a lower court’s dismissal of a securities fraud lawsuit brought by four pension funds.

A study by The American College reveals small business owners show a strong bias for financial advisers of the same gender, with men exhibiting a stronger gender bias.

BNY Mellon Investment Management named Cynthia Steer as head of Manager Research & Investment Solutions.  

The SPARK Institute released spreadsheet templates of its Data Layouts for Non-Registered Investment Product Disclosures to Retirement Plan Participants.