News

Technology provider PlanTools, LLC, said its new system allows for expansion into the wealth management arena.

401(k) participants continued their search for higher returns in June by moving almost $270 million out of fixed-income into a range of equity offerings, according to the latest...

Investment managers expect corporate earnings to increase in the next three months, and a majority expect global GDP growth to accelerate in the next six months, according to...

A new analysis from Fidelity Investments indicated that automatic enrollment in 401(k) plans is proving to have the biggest impact on younger and lower-compensated employees.

The number of retirees who say they are worried about financial security has more than doubled in the past year, and many are tightening budgets or seeking professional...

Old Mutual Asset Management has facilitated the move of Neuberger Berman Group's eight-person cash management team to Dwight Asset Management Company LLC, an institutional fixed-income manager and Old...

The stock market rally that continued throughout the second quarter ended the string of six consecutive quarters in which the average target-date fund lost money, according to the...

Principal Global Investors announced Jill Cuniff will join Seattle-based Edge Asset Management as president.

STOXX Limited, provider of European equity indexes, has launched the Dow Jones STOXX 600 Optimised Supersector Indexes, a new series of European sector indexes.

A Minnesota state judge told both sides in the continuing dispute over the number of 403(b) vendors for the Winona (Minnesota) School District that she needs more time...

ProShares has unveiled a 130/30 exchange-traded fund (ETF), the ProShares Credit Suisse 130/30 (CSM), which kicked off trading on the NYSE Arca today.

U.S. stock and bond mutual funds generated the best quarter of long-term fund inflows in more than two years during the second quarter of 2009, according to Strategic...

RPG Consultants has added Counsel Trust Company, doing business as Mid Atlantic Trust Company, to the RPG401k platform.

National Financial announced it has integrated the wealth management capabilities of Thomson ONE into its Streetscape brokerage workstation.

A Missouri broker who officials charge had improperly convinced investors to stop their 401(k) contributions and refinance their homes to make money available for unsuitable investments has been...

Losses in the financial and housing markets during the economic crisis are causing many seniors to consider retiring at a later age than originally planned.

Charles Schwab Investment Management, Inc. has announced the addition of the Laudus Growth Investors U.S. Large Cap Growth Fund, successor to the UBS U.S. Large Cap Growth Fund,...

U.S. Senator Charles E. Schumer (D-New York) has unveiled a plan designed to help children save money to afford college, purchase a house, and retire.

Recently the 7th Circuit responded to requests that it reconsider its opinion in the revenue-sharing/″excessive fee″ case of Hecker v. Deere.

Recently the 7th Circuit responded to requests that it reconsider its opinion in the revenue-sharing/″excessive fee″ case of Hecker v. Deere.