News

Everett most recently served as senior vice president and deputy general counsel at the Principal Financial Group, the company said in an announcement. Ralph Eucher, former president of...

The Securities and Exchange Commission (SEC) has proposed two new rules under the Investment Company Act to allow exchange-traded funds (ETFs) to operate without first getting SEC exemptive...

A 65-year-old couple retiring in 2008 will need approximately $225,000 to cover medical costs in retirement, according to new Fidelity Investments data.

Chicago-based Envestnet has unveiled the Envestnet Sustainability Platform that integrates three major components to incorporate the tenets of sustainability into the process of constructing client portfolios.

Transamerica IDEX Mutual Funds has a new name: Transamerica Funds.

Van Kampen Retirement Strategy Trust today filed a registration statement with the U.S. Securities and Exchange Commission for 10 new lifecycle funds.

Morningstar has unveiled Morningstar Site Builder, a Web-based platform consisting of Morningstar’s financial adviser tools, content, and reports that investment firms can add to their existing adviser Web...

Claymore Securities, Inc. has announced that eight of its exchange-traded funds (ETFs) are included as underlying investments in the Fiserv Trust Target Date Blueprint Funds.

Parametric Portfolio Associates and IW Financial have teamed up to design customized tax-managed separate accounts strategies for advisers and institutions seeking to incorporate socially responsible, faith-based, terror-free, and...

A suburban Philadelphia company has launched three exchange-traded funds (ETFs) on the New York Stock Exchange.

RBC Dain Rauscher has changed its brand name to RBC Wealth Management.

If you watch commercial TV (that is to say, TV with commercials), you’ve no doubt been struck by the proliferation of ads for various prescription medicines.

If you watch commercial TV (that is to say, TV with commercials), you’ve no doubt been struck by the proliferation of ads for various prescription medicines.

A new lawsuit has accused a group of insurance companies, consultants, and lawyers of conspiring to sell illegal tax shelters to employers for 412(i) plans by misrepresenting the...

Working Americans’ confidence in their ability to retire comfortably declined significantly in the past year, according to the Ninth Annual Transamerica Retirement Survey.

Assets of all exchange-traded funds (ETFs) fell in January by $39.70 billion, or 6.5%, to $568.73 billion, according to data from the Investment Company Institute (ICI).

Blue Marble Investments (BMI) has unveiled online, professionally managed portfolios that invest solely in socially responsible mutual funds.

Massachusetts Mutual Life Insurance Company (MassMutual) has agreed to buy Memphis-based First Mercantile Trust Company from SunTrust Banks, Inc.

Federal benefit regulators have proposed a new safe harbor for sponsors of smaller benefit plans that deposit employee contributions within seven business days.

FINRA (the Financial Industry Regulatory Authority) announced it has settled cases against five firms for improper mutual fund sales and supervisory violations.