The engine of growth for traditional IRAs is being powered by qualified plan rollovers and not new contributions, according to a new data analysis from the Washington, DC-based Employee Benefits Research Institute (EBRI).
AllianceBernstein Institutional Investments announced Tuesday that Sharon French has been named as managing director of defined contribution business development and client relations.
Nearly all (92%) of the 276 US companies described as “most admired″ offer a non-qualified plan in their executive benefit package, according to a study by the Todd Organization.
The world’s emerging and developed markets continued to stay in positive territory in December, making a full year of positive results as oil prices remained low, Standard&Poor’s said.
Morningstar, Inc. plans to come out with a family of fixed income indexes, which can be licensed to institutions for the creation of investment vehicles including such things as mutual funds, exchange-traded funds (ETFs) and derivative securities.
Morningstar, Inc. plans to come out with a family of fixed income indexes, which can be licensed to institutions for the creation of investment vehicles including such things as mutual funds, exchange-traded funds (ETFs) and derivative securities.
The investment management arm of State Street Global Corporation is rebranding its exchange-traded funds (ETFs), ending the streetTRACKS label and consolidating under the SPDR brand, in an effort to bring more clarity to investors.
John Hancock Funds has announced the launch of two new fund of funds products available to retail investors through their financial advisers: the John Hancock International Allocation Portfolio and the John Hancock Lifecycle Portfolios.
Teresa Mullett Ressel has been appointed as the new Chief Executive Officer of UBS Securities LLC, the US broker-dealer unit of UBS Group Americas, the company announced today.
Stock and bond funds experienced net inflows of $17.4 billion in November, down from the $29.8 billion they brought in the month before, according to monthly data from the Financial Research Corporation (FRC).
Deutsche Bank and PowerShares Capital Management LLC have announced that seven PowerShares DB Commodity Sector exchange-traded funds have been listed on the American Stock Exchange.
ThomasLloyd Holdings plc has announced that the combined asset management divisions of US-based Illington Fund Management LLC and European-based DKM Asset Management AG are now operating as ThomasLloyd Global Asset Management.
Tax-exempt sector employees, those in the higher education, health care, government, foundations, and faith-based organization sectors, have saved an average of $48,000 in their defined contribution (DC) plans, 23% less than the average $62,000 saved by their corporate sector peers, according to a news release from Fidelity Employer Services Company (FESCO).
A majority of private industry workers would opt to participate in a defined contribution plan if their companies offered them, according to a recent Department of Labor report.
Ann Combs, who helped shape national pension and employee benefit policy during five years as head of the Employee Benefits Security Administration (EBSA), will be taking a new strategy development post at The Vanguard Group in February.
Mellon Capital Management Corporation has launched the Mellon Capital Target Maturity Funds, a group of portfolios designed to systematically adjust investors' asset allocation as they approach their projected retirement date.
Morningstar, Inc.’s three 2006 Fund Managers of the Year are “familiar names″ who have run funds recommended by the fund rating company for years, according to a press release.