News

se2 (service.end2end), a provider of business technology and processing solutions for the financial services and retirement planning sector, has updated its automated 403(b) info-sharing solution.

A provision of the Savings Recovery Act of 2009 (H.R. 2021) would extend the suspension of required minimum distribution (RMD) requirements through 2012.

The Financial Industry Regulatory Authority (FINRA) said it fined five bank broker/dealers a total of $1.65 million for deficient supervision and procedures related to variable annuity (VA), mutual...

Nationwide Financial Services said its new program, RetireSense, will help advisers build personalized retirement income solutions for clients.

CPI Qualified Plan Consultants, Inc., a third-party recordkeeping and administration company, has added the Huntington mutual funds to its retirement plan platform.

Stock and bond funds experienced net inflows of $41.6 billion in June, according to the Financial Research Corporation (FRC).

When asked to rank their clients’ greatest concerns as of the second half of 2009, advisers overwhelmingly (70%) chose “greater chance they’ll outlive their money.”

Genworth Life and Annuity Insurance Company launched a variable annuity designed to help advisers personalize a guaranteed income strategy for clients.

Financial and insurance professionals interested in marketing and selling long-term care insurance have a new online resource from the American Association for Long-Term Care Insurance.

Neuberger Berman Group LLC has agreed to acquire Lehman Brothers Trust Company, N.A., and Lehman Brothers Trust Company of Delaware.

Sandy McCarthy, late of ING and CitiStreet, has joined Mercer to head its retirement business. 

DailyAccess Corporation, a national provider of retirement plan and benefits services, has announced the appointment of Gary A. Plourde as Senior Vice President of Sales and...

A federal appellate court has sent a 2008 rule governing fixed indexed annuities (FIAs) back to the U.S. Securities and Exchange Commission (SEC) that the court said was...

Testifying before the U.S. Department of Labor’s ERISA Advisory Council, James King, Jr., vice president and head of Prudential Retirement’s Stable Value Markets Group, urged that stable value...

U.S. ETF asset flows were marked by a continued shift away from large cap and developed international equities during the first half of the year and into emerging...

Advisers aren’t generally shy about expressing their feelings – but there are times when discretion can nonetheless be the better part of valor.

Investment adviser Driehaus Capital Management now offers the Driehaus Active Income Fund (Ticker LCMAX), an absolute return mutual fund.

Emerging Global Advisors (EGA) has introduced the Emerging Global Shares Dow Jones Emerging Markets Titans Composite Index Fund (NYSE Arca: EEG).

AUL Retirement Services clients now have more investment options available for retirement accounts through DWS Investments, Cramer Rosenthal McGlynn (CRM), BlackRock, and Pax World Investments.

The financial adviser is the most important aspect of overall investor satisfaction with full service investment firms, comprising 30% in 2009—an increase from 22% in 2008, a new...