News

PenChecks Inc., a provider of qualified plan distribution services, will integrate Wealth Management System Inc.’s IRA rollover services with BenePay, PenChecks’ online distribution processing platform.

The Principal Financial Group has added Spanish-language content to its Web site.

A Raleigh, North Carolina, firm is offering a proprietary online system designed to help participants successfully save for retirement.

An effort tied to the United Nations has generated a new environment and social reporting standard for asset managers, banks, and other financial services companies.

As economic turbulence has been on the rise, many financial planners say they are seeing an increase in potential clients.

Ameriprise Financial, Inc., introduced the Active Diversified Portfolios series, professionally managed portfolios designed to help individuals achieve risk-managed growth.

Divorce lawyer Raoul Felder is suing Alliance Global Wealth Management for $5.2 million, alleging that his financial advisers abused his trust.

Gene L. Needles, Jr. has joined Touchstone Investments as president.

SunGard’s WealthStation platform has been enhanced with the addition of a financial planning module for financial advisers to use to attract, service, and grow client relationships, the company...

Invesco Aim Advisors, Inc., has approved the reopening of AIM International Small Company Fund.

Security Benefit will pledge compliance with 403(b) regulations by the January 1, 2009, deadline to any school whose contract is received by November 14, 2008, through its 403(b)...

Security Global Investors (SGI) announced the availability of its Small Cap Value (Ticker: SSUAX) and All Cap Value (SESAX) mutual funds.

My September 30 statement arrived on Friday. No, I didn’t look at it.

A poll of investment managers found a large majority, regardless of investment strategy, expect corporate earnings to drop and global growth to decelerate in the short term.

Franklin Templeton Investments introduced the Templeton Global Total Return Fund, a multi-sector global bond fund designed to capitalize on fixed-income opportunities around the world.

Federal regulators reaffirmed their position that the goal of ERISA plans must be to generate maximum returns to meet pension liabilities and not for socially responsive investing purposes.

The maximum amount of earnings subject to Social Security tax starting in January 2009 will be increased to $106,800 from $102,000, the Social Security Administration (SSA) announced Thursday.

The Internal Revenue Service (IRS) Thursday announced an increase in contribution limits for defined contribution plans for 2009.

As published by the Internal Revenue Service:

Retail wealth management, particularly in the fee-based arena, could come out of the financial crisis much stronger, according to a recent TowerGroup report.