News

McLean Wealth Advisors launched a fee-based platform, supported by FundQuest, for their investment services business.

Self-directed investors are more likely to allocate more of their portfolios to exchange-traded funds (ETFs) than adviser-directed investors.

Market depreciation is the top reason for clients’ retirement savings to be off-target, independent advisers reported.

Janus Capital Group Inc. announced that the Janus Adviser Series fund (JAD) trust will be merged into the Janus Investment Fund (JIF) trust.

Fiduciary Benchmarks, Inc. has launched a data portal designed to provide an adviser, consultant, recordkeeper, other service provider or fiduciary with customized plan benchmarking reports.

MassMutual's Retirement Services Division announced it is kicking off an enhanced model for its TPA Alliance business on March 31.

A new survey finds less than a third of retirement plan fiduciaries report a clear chain of authority for their plan’s governance committee.

Morningstar released the 2009 update to its Morningstar Principia Presentations and Education software with information designed to help advisers better educate participants about the faltering economy.

Law firm Seyfarth Shaw announced the expansion of its Employee Benefits&Executive Compensation department with the addition of nine attorneys and staff from the firm of Epstein, Becker&Green, P.C.

The Callan DC Index declined 15.5% in the fourth quarter for a total loss of more than 28% for the year.

Equity Administration Solutions, Inc. (EASi), an independent stock plan management software company, released the first of three planned releases for 2009.

Almost of half of respondents to a new survey would prefer to stop paying into the Social Security system—even if it meant giving up their own benefits.

Russell Investments launched a Web site called Helping Advisors to provide financial advisers with tools designed to help keep their clients and businesses on track in the current...

The 7Twelve Balanced Portfolio offers a new way to look at benchmarking balanced funds.

The Federal Reserve System's Board of Governors amended Regulation Z to exempt most retirement plan loans from the disclosure requirement of the federal Truth-in-Lending Act.

There’s another stock drop suit brewing – and this one’s directed at Fannie Mae.

A survey published this past week by Fidelity noted that workers cited health insurance, retirement savings plan matching contributions, and dental insurance as the three most important benefits,...

Oppenheimer&Co. is opening and expanding branches with financial advisers formerly associated with the Stanford Group.

Alliance Benefit Group Carolinas, a Charlotte, North Carolina-based third-party administrator and recordkeeper, has created a special team to work with financial advisers to retirement plans.

Legislative changes to the Federal Thrift Savings Plan (TSP) are tacked onto a U.S. House bill aimed at regulating tobacco products.