The Most Popular College Class…Ever?
A free, online course being offered by Stanford University has attracted more than 60,000 students from around the globe – and no, it’s not “Economics 101.”
News
JPMAM Hires Head of National Accounts
J.P. Morgan Asset Management has hired Matthew Mintzer as head of National Accounts and leader of the Defined Contribution (DC) Advisor Team for the company's Defined Contribution Investment...
Most Stock Drop Cases Involve 401(k) Plans
In a new review of litigation on the issue of employer stock in retirement plans, the National Center for Employee Ownership has found almost all of the stock...
DoL Files Brief in SunTrust Stock Drop Case
U.S. Secretary of Labor Hilda L. Solis is asking an appellate court to uphold a district court's decision refusing to dismiss a claim that SunTrust plan fiduciaries...
Study Finds Room for Improvement in QDIA Offerings
Although plan sponsors report high satisfaction levels with their current QDIA (qualified default investment alternatives) investment managers, opportunities exist for aspiring managers to differentiate themselves.
Schwab Says RIA M&A Deal Size Increased in 2011
Schwab Advisor Services data on registered investment adviser (RIA) mergers and acquisitions activity for the first half of 2011 shows M&A activity is down from 2010, but deal...
ICI Submits Brief in Retail vs. Institutional Funds Case
The Investment Company Institute (ICI) said plaintiffs’ contentions in Tibble v. Edison International that so-called “retail” mutual funds offered by the plan would not have been offered by...
Alliance Pension Consultants Offers Plan Cost Analysis
Alliance Pension Consultants, LLC has unveiled its Total Plan Cost analysis.
Van Eck Introduces Market Vectors Mortgage REIT Income ETF
Van Eck Global has launched Market Vectors Mortgage REIT Income ETF (MORT).
Number of Millionaires on Facebook Doubled in One Year
Spectrem reports that the percentage of U.S. millionaires using Facebook nearly doubled in 2011 to 46%, up from 26% in 2010.
Report Finds Relationship between Having Pension and Retirement Age
The Center for Retirement Research at Boston College found that the increase of older workers in the workforce is related to reduced availability of pensions and retiree health...
A Period of Weaker Growth Expected by Fund Managers
Investors believe that the global economy will slow significantly in the coming 12 months but will avoid dipping back into recession, according to BofA Merrill Lynch's Survey of...
The Downgrade Was a “Sideshow”
Russell Investments analysts say that the market volatility of the past week was not reacting directly to the downgrade of the U.S.’s credit rating, but rather to the...
AUL Retirement Appoints Director of National Retirement Education
American United Life Insurance Company (AUL), a OneAmerica company, selected Benjamin Herrera as director of national retirement education for retirement services.
Securian Names Sales Director for Independent Distribution Group
Louis Slagle was promoted to sales director of Securian Financial Group’s Independent Distribution Group (IDG).