News

WealthTrust LLC announced it has signed definitive agreements to acquire Fairport Asset Management, a Cleveland, Ohio-based wealth management firm, and Axiom Asset Management, a Radnor, Pennsylvania-based wealth management...

Although participation in an employment-based retirement plan increases with age, overall, the percentage of workers participating in an employment-based retirement plan decreased to 39.7% in 2006 from 40.9%...

Merrill Lynch is under scrutiny from the Securities and Exchange Commission (SEC) for allegations that its Florida consulting operation charged hidden fees and engaged in conflicts of interest,...

The PNC Financial Services Group, Inc. has signed a definitive agreement to acquire Lawrenceville, New Jersey-based Albridge Solutions Inc., a provider of portfolio accounting and enterprise wealth management...

The House Committee on Ways and Means held a hearing October 30 to determine whether workers’ retirement savings are being eroded by excessive and unnecessary administrative and investment...

The U.S. House Ways and Means Committee has put a five-question survey on its Web site to garner public opinion about how participants use the fee information provided...

Men and women both think they and their partners are on the same page about saving for retirement, a new study conducted by Harris Interactive for The Wall...

The seventh ineffective habit of retirement plan advisers

With an extended time to prepare, the final kick-in date for the anti-market timing rule 22c-2 came and went earlier this month with little industry fanfare.

The Online 401(k), a provider of full-service Web-based 401(k) plans for small and single-person businesses, has announced its partnership with KG Advisors.

Merrill Lynch&Co Inc. has sued an unnamed defendant it alleges impersonated a bank manager and then sent racially denigrating e-mails to civil rights leader Al Sharpton and several...

If that Daylight Savings Time switch leaves you feeling a big “ragged″, there may be a reason.

FundQuest’s managed account platform now includes two of Russell’s managed account programs to independent registered investment advisers (RIAs).

Barclays Capital, the investment banking division of Barclays Bank PLC, announced the launch of a family of local currency Emerging Market Government Inflation-Linked Bond (EMGILB) benchmark indexes.

MBIA Asset Management plans to launch two new inflation protected, open-ended funds designed for institutional investors, pension funds, and high-net-worth individuals.

The Principal Financial Group has introduced a new registered Individual 401(k) plan, offered through independent financial professionals, that it says combines the benefits of investment options from Principal...

The registered investment adviser (RIA) industry has grown significantly in two years, driven by growth of existing firms, new entrants to the market, and the growth of the...

A new survey has found many plan sponsors concentrating not just on snagging 401(k) participants, but helping them to save enough for retirement.

Dietz&Lynch Financial Group has unveiled an enhanced suite of retirement plan consulting services.

Transamerica Life Insurance Company has unveiled a new business, Transamerica Retirement Management, Inc., to address workers’ needs to have money during retirement and related financial planning issues.