News

CAPTRUST Financial Advisors has announced that Beryl Ball has joined the advisory and research firm.

Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation, has launched the Exchange-Traded Funds (ETF) Center to provide its introducing broker/dealer and independent registered investment...

Standard&Poor’s has launched the S&P 500 Inverse Index, designed to provide investors with the inverse performance of the S&P 500.

Executive Vice President Elaine Sarsynski, currently Chairman, President and CEO of MassMutual International LLC, will assume additional responsibilities as head of the Retirement Services Division.

How much money does it take to be considered rich?

Standard&Poor’s has launched a new investable index seeking exposure to environmentally responsible investment strategies.

Federated Investors has launched Federated Kaufmann Large Cap Fund, an equity fund that seeks to provide capital appreciation by investing in the securities of large companies.

Four investment industry veterans have hung out a new shingle as Agility Asset Management, LLC.

Dave Liebrock, formerly executive vice president, retirement, at Fidelity Investments Institutional Services, Co., has left the firm to become a financial adviser with CAPTRUST Financial Advisors.

Advisers that work with cash balance plans now have access to an asset allocation solution developed specifically for those programs.

Just after Christmas my family flew to Chicago for a surprise – my mother-in-law’s 85th birthday.

Marsh&McLennan Cos.' Insurance brokerage unit Marsh announced changes to its global organizational structure as well as several senior management appointments.

Plan sponsors are confronted with a bewildering array of target-date funds - but lack a generally accepted benchmark for the popular product category.

In an effort to enact Pension Protection Act (PPA)-mandated changes, the Internal Revenue Service (IRS) has put out a proposed regulation generally barring restrictions on publicly-traded employer stock...

Chicago-based Hub International Limited, an insurance brokerage, announced Hub International of California Insurance Services, Inc. has acquired employee benefits consultant JRN Benefits.

A majority of employers have no intention of terminating their non-qualified executive retirement plans due to final Internal Revenue Code rules governing these arrangements, according to a survey...

Financial services firms rank the ability to acquire and retain clients as their number one business challenge in 2008, according to a survey by Cerulli Associates.

Jackson National Life Insurance Company has added two new portfolios to the existing lineup of mutual funds available to advisers through Jackson National Life Distributors LLC.

The Department of Labor’s Employee Benefit Security Administration (EBSA) has issued an advisory opinion about plan fiduciaries using plan assets to further policy or political issues through proxy...

Facing at least three lawsuits over its handling of investments in mortgage-backed securities, State Street Corp. on Thursday announced a new head of its investment unit and establishment...