News

Dow Jones Indexes and Wilshire Associates have announced that Bahrain, Kuwait and Sri Lanka will be added to the Dow Jones Wilshire Global index family.

A Newton, Massachusetts firm, I-Pension LLC, has launched a new retirement plan investment advice program.

Investors who add a variable annuity with a lifetime guaranteed minimum withdrawal benefit (GMWB) to a stock and bond retirement portfolio can enjoy pumped up income with less...

Causing a stir among Wall Street pundits, the state of New Jersey’s $80-billion pension plan will take equity positions in both Citigroup and Merrill Lynch&Co. – both suffering...

State Street Global Advisors’ (SSgA) US-Listed ETF Industry Review and 2008 Outlook shows 2007 was a record year for exchange-traded fund (ETF) asset growth, trading volume, and product...

The U.S. Supreme Court has ruled that defrauded shareholders should not necessarily be allowed to sue advisers, lawyers, accountants, and vendors that serve the company that committed the...

A Portland, Maine-based provider of environmental, social, and governance research, and consulting has released two new indexes aimed at faith-based investors.

Investors looking for a new measure of socially responsive portfolios can now tap into one that purports to track the performance of companies that adhere to Dharmic principles.

OneChicago, LLC, the all-electronic exchange for trading Single Stock Futures (SSFs), a synthetic stock lending and financing tool, today launched the trading of two additional SSFs on exchange-traded...

Affluent seniors over age 70 spend nearly three times as much of their online time on financial matters as those younger.

Today, PLANSPONSOR announces the finalists for its annual Retirement Plan Adviser and Adviser Team of the Year awards.

Financial-services market research firm Dalbar Inc. is launching Compliance Support Services’ (CSS), a new division dedicated to addressing the increasing risk and complexity faced by compliance departments.

Fidelity Investments will reopen its widely known Magellan Fund to new investors as of Tuesday for the first time in a decade, the Boston financial services firm announced.

A former AXA Equitable Life Insurance investment adviser has pled guilty to stealing $1.7 million from Colorado public school teachers.

AXA Equitable Life Insurance Co. has launched a new distribution channel focused on providing retirement plan strategies and solutions for Fortune 1000 corporations and their employees.

Back in 2003, when then-New York Attorney General Eliot Spitzer launched his investigation into mutual fund trading practices, two distinct areas were highlighted.

Internal Revenue Bulletin 2008-1 provides updates and restatements of eight IRS revenue procedures that govern letter rulings, information letters, determination letters, and other guidance regarding employee plans.

An analysis of about 50 plans in Vanguard’s recordkeeping system that have adopted automatic enrollment suggests it does improve participation rates, but deferral rates for those using automatic...

Recordkeeper Ascensus (formerly BISYS Retirement Services) has been selected to provide recordkeeping and administrative services for SEI’s retirement plan offerings.

New research from Fidelity Investments suggests employees of non-profit organizations are not taking full advantage of their workplace retirement plan resources.