News

Franklin Templeton Investments launched Franklin Templeton Multi-Asset Real Return Fund for U.S. investors. 

Long-term mutual funds had a second consecutive month of net redemptions with outflows of $9.8 billion in December 2011. 

The Department of Labor (DOL) announced upcoming voluntary fiduciary correction program workshops in three states.

Partnering with a professional retirement plan adviser offers benefits for plan sponsors, according to a study for the Retirement Advisor Council. 

BlackRock, Inc. entered into a definitive agreement to acquire Claymore Canada.  

Prudential Retirement, a business unit of Prudential Financial, has announced leadership appointments in its Total Retirement Solutions (TRS) area.

Celent, a division of Oliver Wyman Inc., appointed Craig Weber to replace Mike Harding as CEO.  

State Street Global Advisors (SSgA) announced the SPDR S&P Small Cap Emerging Asia Pacific ETF began trading on the NYSE Arca on January 12.

Raymond James Financial Inc. has agreed to acquire Morgan Keegan & Company Inc. and related affiliates from Regions Financial for $930 million. 

Nearly 60% of Canadians are confident in their ability to save for retirement versus fewer than 40% of Americans. 

Institutional investors that participated in a survey by Mercer addressed climate change risk via asset allocation and other initiatives.

 ING’s U.S. Retirement division launched the ING Lifetime Income Protection Program.    

A study published in the Journal of Consumer Research suggests that we overestimate what others will pay for consumer goods. 

The John Hancock Investor Sentiment Index score improved in the fourth quarter of 2011 from the annual low measured in the year’s third quarter.

A new FAQ from the Internal Revenue Service addresses when a plan administrator may answer “yes” to Question 8 on the new Form 8955-SSA, affirming that the required...