News

Fidelity Investments today named Michael Durbin as president of Fidelity Institutional Wealth Services, provider of trading, custody, and brokerage services to registered investment advisers (RIAs).

As market turbulence takes its toll on everything from 401(k) account balances to pension plan funding, employers are scrambling to assess the full impact on their retirement programs.

Charles Schwab is now making available industry insights and benchmarking data compiled from retirement plan clients to third-party administrator (TPA) clients.

Participants' transfer activity level was significantly higher than usual in October, according to the results of the Hewitt 401(k) Index.

GE Asset Management Incorporated (GEAM) on Tuesday announced several additions to its institutional sales team, expanding the firm’s presence in both the public and corporate plan markets.

Morningstar Investment Services has introduced three new managed portfoliosâ€″the Tortoise, the Hare, and Dividend Stock Baskets.

Even with the probability of higher taxes and inflation looming before them, high-net-worth individuals and their advisers can find some opportunity in today’s environment, according to a recent...

In order to boost the equity side of Putnam Investments, CEO Robert Reynolds said the firm will undergo several changes, including an elimination of staff positions, the merging...

Putnam Investments announced Monday the merge of half a dozen equity funds to remove product redundancies.

Many people in the developed world say they do not understand financial planning and do not know where to turn for help with financial matters, according to a...

Charles Schwab established a new business unit, Institutional Services, to serve the needs of independent investment advisers, corporate benefit plan sponsors, and third-party retirement plan recordkeepers.

FTSE Group has expanded the FTSE Environmental Opportunities Index Series with the addition of nine new indexes, according to an FTSE news release.

John Hancock Financial Network (JHFN) is implementing a business model offering financial professionals a choice of three types of affiliation, based on the level of independence and support...

In another week (or so), PLANSPONSOR will publish its annual Defined Contribution Survey.

In another week (or so), PLANSPONSOR will publish its annual Defined Contribution Survey.

One of the reasons commonly cited behind the sponsorship of deferred compensation programs is to attract and retain valued workers.

Fidelity Investments on Friday told workers that there would be 1,700 fewer of them during the first quarter.

Nuveen Investments announced the creation of Nuveen Alternative Investments, a new unit designed to serve the needs of institutional investors seeking alternative forms of alpha and uncorrelated returns.

The U.S. Department of Labor has sued the board of directors of The Employee Ownership Holding Co. of Stockton, California, and Fife, Washington, for alleged violations of the...

Only one Wachovia executive will remain on the combined Wells/Wachovia senior executive team, according to a news report.