News

The global economy remains fragile, but the worst of the recession “is now in the rearview mirror,″ said Robert Doll, vice chairman and global chief investment officer of...

Charles Schwab announced a series of initiatives it said are designed to help independent advisers grow their businesses in today's rough environment.

MSCI Inc. launched the MSCI FX Hedge Indices, designed to help institutional investors decompose and measure the impact of hedging the currency exposure of MSCI equity indexes.

The U.S. District Court for the Southern District of Florida declined to enforce arbitration clauses contained in account agreements between the City of Delray Beach Police and Firefighters...

First Citizens Capital Management launched a FundQuest-powered platform for their wealth management business.

The Financial Industry Regulatory Authority (FINRA) is pegging a $1.4 million fine on Wachovia Securities for its failure to deliver prospectuses and product descriptions to customers who purchased...

First in a Series of Global Media Acquisitions Planned by Asset International

A closely watched U.S. House bill mandating comprehensive 401(k) fee disclosures and dealing with plans providing investment advice made it out of committee on Wednesday.

Symetra Financial announced that Ernest Jordan has joined the company as managing director of the company’s 403(b) Group Distribution Channel.

The Securities and Exchange Commission (SEC) has voted unanimously to propose rule amendments to significantly strengthen the regulatory framework for money market funds.

Stock and bond funds experienced net inflows of $55.5 billion in May, according to the Financial Research Corporation (FRC).

The Madison, Wisconsin-based CUNA Mutual Group will acquire CPI Qualified Plan Consultants, Inc.

Online social networking site Twitter is all the hype in the media, but a Harvard study made some interesting findings about who’s actually tweeting.

Research by Rocaton indicates that despite credit market conditions that have created challenges for many stable value funds and for the stable value industry in general, the funds...

TIAA-CREF has appointed Tony Cox Head of Consultant Relations.

Just six months ago, business growth concern was the number one business concern among registered investment advisers (RIAs)—but now regulation has taken center stage.

Research by the Center for Retirement Research at Boston College (CRR) suggests employers with a relatively large share of employees wanting to stay past the traditional retirement age...

Convergent Retirement Plan Solutions and Archimedes Systems have jointly launched RothRetirement.com to help educate consumers about the 2010 Roth IRA conversion.

Former Citigroup senior executives Antonio Cacorino and Fredrick Chapey have formed StormHarbour Partners LP, an independent, 50-professional global markets firm which, through subsidiaries, will focus on capital markets...

Mercer launched "equity choice," a new online decision-support tool for employers offering an equity exchange program.