News

Mutual fund assets worldwide decreased 12.1% to $21.66 trillion at the end of the third quarter of 2008, according to the Investment Company Institute (ICI).

Invesco's Global Asset Allocation Group has unveiled Premia Plus, a risk premium capture strategy.

John Hancock Retirement Plan Services (RPS) has increased its sales support by adding eight regional vice presidents and a new internal sales desk with 10 sales associates.

Charles Schwab’s 401(k) plan benchmarking data show employee participation and savings rates vary according to employer industry and employee salary level.

ING Clarion Partners LLC, a real estate investment adviser, is entering the defined contribution (DC) market, the company announced.

January was a relatively quiet month with regard to participant transfer activities, according to the results of the Hewitt 401(k) Index.

If you are looking for mutual fund Web sites that are useful in a particular area for advisers, a new report offers some insight.

In one of the more memorable sound bytes of the Presidential campaign just past, candidate Obama tried to explain the rationale underpinning his economic philosophy as a belief...

Dallas-based 7-Eleven Inc. said it is cutting 200 positions and suspending contributions to employees’ 401(k) accounts to minimize future job losses.

Las Vegas-based newspaper company Stephens Media LLC has suspended its 40(k) match to save money because of the bad economy.

A new survey found 86% of executives said their shrinking retirement savings will mean working longer, with an average delay of 7 ½ years.

Like a number of other companies, Eddie Bauer has announced it is suspending its 401(k) match contributions for 2009 to cut costs.

Global index provider FTSE Group (FTSE) has licensed GlobalX Management Company to create a new exchange traded fund based on the FTSE Colombia 20 Index.

You may have noticed that those year-end tax statements aren’t showing up as soon this year – but the Internal Revenue Service (IRS) says they should be more...

TD AMERITRADE Institutional released Veo Next Generation, the first in a series of enhancements to its technology platform.

With an expanding list of retirement plans snared by investments tied to Bernard L. Madoff, the Labor Department has published some guidance for plan fiduciaries.

Newspaper chain McClatchy joins the ranks of other struggling media companies by suspending its 401(k) match.

The pending nomination of U.S. Representative Hilda Solis (D-California) as Department of Labor (DoL) secretary was put off after word that her husband has paid $6,400 to settle...

In the last six months, 60% of surveyed independent registered investment advisers (RIAs) reported an increase in clients, many of which are coming from broker/dealers and wirehouses.

INTECH Investment Management LLC has announced the formal launch of its Market Neutral strategy.