News

Jefferson Pilot Securities Corp., an independent broker/dealer affiliate of Lincoln Financial Group,changed its name to Lincoln Financial Securities Corp, the company said.

Guides from the Principal Financial Group will provide 403(b) sponsors with step-by-step actions to take over the next several months.

American Trust Investment Advisors launched the no-load American Trust Energy Alternatives Fund.

The Turner Funds introduced the Turner Quantitative Broad Market Equity Fund, a no-load mutual fund that uses its proprietary quantitative model to determine stock selection.

FINRA and the International Foundation of Employee Benefit Plans provide resources for employers and employees to prevent retirement scams.

Rogerscasey acquired a Canadian investment consulting firm, Perimeter Capital Management Inc. (PCMI).

The Senate last week introduced a bill to protect seniors from investment fraud.

Research from Hewitt Associates found that on average, employees are projected to replace 85% of their income in retirement when they need much more.

National Investment Managers Inc. closed on the acquisition of Alaska Pension Services, Ltd. (APS).

A no-load, open-end mutual fund from IndexIQ is designed to give investors access to hedge fund-like performance.

Assets of all ETFs rose in May by $14.36 billion, or 2.4%, to $610.31 billion.

Investors have a new way to track the performance of stocks in the Gulf Cooperation Council (GCC) member states.

Celent researchers propose strategies for advisory firms to win the fight for the mass affluent.

Lord, Abbett&Co. LLC introduced the Lord Abbett International Dividend Income Fund (LIDAX).

As the equity markets moved higher, participants—at least those who chose to realign their balances—shifted to take advantage.

Baron Funds unveiled its Baron Retirement Income Fund, which invests in growth companies to provide investment growth along with income that outpaces inflation.

Parents are feeling more stretched about where to allot their savings, according to research from Putnam Investments.

TowerGroup says advisers should use a “holistic″ approach to tap the lucrative market of providing retirement income services to affluent investors.

This coming Friday, the nation will, in large part, set aside its normal business for a three-day weekend filled with cookouts and fireworks displays, as we commemorate the...

Expect to see changes in the fund lineup of Fred Alger Management, Inc., including consolidation of all of the open-end mutual funds under the “Alger″ brand.