News

Fewer than 3% of participants in Vanguard-administered defined contribution plans made one or more portfolio trades or exchanges in August, despite a volatile market.

George Fraser, head of The Fraser Group at Morgan Stanley Smith Barney, and Fraser Group advisers, Frederic Amberg and Troy Haugen, are joining LPL’s Retirement Benefits Group (RBG). ...

J.P. Morgan Asset Management announced that Anthony Gould will join the New York/London/Asia Global Fixed Income team as a Senior Client Portfolio Manager.

PIMCO has launched the PIMCO Inflation Response Multi-Asset Fund for investors looking to hedge global inflation risks. 

Outsourced technology integration can boost productivity and efficiency for RIAs by up to 30%, according to NFP Advisor Services Group.   

A federal court has dismissed all charges against Bank of America for allegedly breaching its Employee Retirement Income Security Act (ERISA) fiduciary duties by using proprietary funds in...

The UBS Board of Directors has accepted the resignation of CEO Oswald J. Grübel, as the bank tries to recover from its recent trading scandal.  

Another plan sponsor has prevailed in a revenue-sharing case – and at the appellate court level. 

There was another judicial decision in another revenue-sharing case earlier this month—and another victory for a plan sponsor. 

According to a new report from Aon Hewitt and Financial Engines, 401(k) participants who use employer-provided investment help outperform those who do not – and by a...

The Self-Regulatory Organization for Independent Investment Advisers (SROIIA) is continuing its mission towards creating an SRO that meets the needs of advisers, and has completed its second round...

A kasina study reaffirms that financial advisers align superior digital capabilities with the likelihood that they will use products offered by asset managers and insurers. 

In an internal memo released today, Andy Seig announced the reorganization of the Global Investment Solutions (GIS) and Retirement Services (RS) teams to form Global Wealth & Retirement...

Invesco PowerShares Capital Management announced the PowerShares Chinese Yuan Dim Sum Bond Portfolio is expected to begin trading on Sept. 23, 2011. 

Long-term funds took in $370 billion in cash contributions globally, according to Strategic Insight (SI).