News

Two blue-ribbon private-sector committees have released lists of best practices for hedge fund investors and asset managers, according to a government news release.

Less than one-third (31%) of GenXers polled believe they will one day be able to fully retire.

Russell Investments has launched a series of new multimanager funds, designed specifically for the “decumulation″ phase of retirement saving and seeking to provide a steady, but not guaranteed,...

The Hartford Financial Services Group has announced that The Hartford Lifetime Income will be offered to participants in the company’s 401(k) plan.

RetirementWORKS, Inc., a subsidiary of Still River Retirement Planning Software, has released a new financial planning site for those approaching or who are already in retirement.

Mike Henkel, former President of Ibbotson Associates, has been named Managing Director for Envestnet’s newly-established Retirement Services Group.

UBS Wealth Management Americas has launched its DC Advisory service.

Vanguard has added Baillie Gifford Overseas Ltd. as an adviser to two different equity funds.

Standard&Poor's has launched three new benchmark and investable indices designed to provide investors with access to Africa's developing equity markets, as well as being a measurement tool for...

MSCI Barra has launched the MSCI Global Minimum Volatility Indices, a new global benchmark offering for managed volatility investment strategies.

MFC Global Investment Management (U.S.), LLC announced that Frank Saeli has been named head of U.S. institutional sales and relationship management.

I hate going to the doctor for a checkup.

The U.S. Department of Labor (DoL) has filed a lawsuit in federal district court in Chicago against Chicago-based AA Capital Partners Inc. and its executives.

As part of regulators’ continuing efforts to flesh out the Pension Protection Act’s (PPA) mandates, the Internal Revenue Service (IRS) on Friday issued proposed regulations on single-employer defined...

The world’s emerging and developed equity markets lost 10.56% and 8.95%, respectively, during the first three months of the year, according to Standard&Poor’s.

Invesco PowerShares announced three actively-managed equity exchange-traded funds (ETFs) and PowerShares' first actively-managed fixed-income ETF began trading on the NYSE Arca.

Thrivent Financial for Lutherans’ Landmark Group is now offering a new separate account manager, available through Thrivent’s Managed Account Program, to help investors better manage capital gains taxes.

The Phoenix Companies, Inc. introduced a low-cost, no-load annuity sold through Phoenix’s distribution partners, including wirehouses, regional broker/dealers, and financial institutions.

A Newton, Massachusetts-based advisory firm has announced the launch of a personalized investment advisory service for lower- and middle-income Americans.

DailyAccess Corporation, a provider of recordkeeping, administration, and consulting services for retirement plans, has tapped Scott Herz as Regional Sales Director for its Midwest region.