News

Following is a summary of mutual fund filing changes complied by Strategic Insight (an Asset International company, and sister firm of PLANADVISER) from recent prospectus filings.

Morgan Stanley Smith Barney announced that clients can access unlimited Federal Deposit Insurance Corporation (FDIC) insurance on cash held through its Bank Deposit Programs.

iShares introduced three free separately managed account (SMA) Web tools for financial professionals and their clients.

Two-thirds of Ohio middle- and high-school students whose financial habits were tracked after going through a financial literacy program reported saving more.

The QVC home shopping network turned away workers at its Rocky Mount, North Carolina, distribution center as part of a probe into whether 401(k) hardship loans they’ve received...

A Principal Financial Group research project has found that nonqualified deferred compensation (NQDC) plans are apparently moving down market.

Median asset levels in defined contribution and IRA/Keogh plans dropped at least 15% from year-end 2007 to mid-June 2009, according to the Employee Benefit Research Institute (EBRI).

Small, entrepreneurial investment management firms maintained a performance advantage over larger, established firms through last year’s market downturn, according to updated research on emerging investment managers by Northern...

The Illinois Bankers Association (IBA) and the Springfield, Illinois-based Empire Advisory Group are teaming up to offer Empire's 401(k) plan, 403(b) plan, and nonqualified deferred compensation (NQDC) plans...

Money doesn't seem to equal "prestige" in the eyes of Americans.

Surveyed advisers of employer-sponsored retirement plans (ESRPs) do not seem overjoyed with providers they work with, data from Cogent Research indicates.

More than half of surveyed advisers (57%) indicated that the economic crisis has had a large impact on their business—but it also might be an opportunity.

Days after Bank of America (BofA) announced the appointment of Sallie Krawcheck to run global wealth and investment management, Daniel Sontag said he will leave BofA, according to...

Franklin Templeton Investments has lured Yaqub Ahmed from his post at Columbia Funds.

Brinker Capital announced plans to launch its Personalized Distribution Strategy, a systematic approach to retirement spending and investing.

Global index provider Dow Jones Indexes has named Tariq Al-Rifai as its new director of Islamic indexes.

UBS did some more rearranging of its wealth management units, but the American business will stay the same.

Securities lawyers were not quite as busy during the second quarter of 2009 as lawsuits plummeted from 221 during the first quarter to 140, according to Advisen’s Master...

Security Benefit has won a contract with the Retirement Investors' Club (RIC) of Iowa to be a provider for the 457 plans and 401(a) plans offered by state...

Bank of America Corporation (BofA) unveiled four senior management changes, including the appointment of Sallie Krawcheck to lead Global Wealth and Investment Management.