News

The newly renamed PortfolioServices by Schwab Performance Technologies (SPT) enables RIAs to outsource back-office functions, the company said.

Northern Trust today launched the first U.S.-listed ETF to track the ISEQ 20 Index of the Irish Stock Exchange.

Royal Bank of Canada completed the acquisition of broker/dealer Ferris, Baker Watts, Incorporated (FBW), the company said.

Arthur J. Gallagher&Co. acquired employee benefit broker The Lance Group, LLC, the company announced.

Three out of four advisers have observed heightened fiduciary concerns from plan sponsors since last year, according to a survey by Putnam Investments.

Kyle Mitchum accepted the position of national director of broker/dealer relationships at CPI Qualified Plan Consultants, Inc., a third party recordkeeping and administration company.

Having just spent most of the past week in Chicago at our annual Plan Designs conference (bigger and better than ever, I might add!), my head is still...

In addition to facilitating administrative and fiduciary functions, retirement plan data can help plan administrators decide on value-added plan features and services.

A lawsuit was filed on behalf of shareholders against Lehman Brothers Holdings Inc., alleging the conduct of Lehman and four high-ranking officers caused the economic loss suffered by...

U.S. stock, bond, and money-market funds experienced inflows of more than $75 billion in May, according to Strategic Insight.

Two former Bear Stearns hedge fund managers were arrested Thursday and indicted on conspiracy and fraud counts.

The law firms of Milberg LLC and Liner Yankelevitz Sunshine&Regenstreif LLP separately announced they are investigating possible Employee Retirement Income Security Act (ERISA) violations by fiduciaries of the...

FTSE Group, a global index company, on Thursday launched the FTSE Environmental Opportunities All-Share Index.

First Tennessee Bank, a subsidiary of First Horizon National Corporation, in partnership with FundQuest Incorporated, a provider of managed account services, has launched three new products on its...

The Standard has opened a new Retirement Plans sales office in Indianapolis, Indiana.

Panelists discussed the issues surrounding QDIA strategies at PLANSPONSOR’s Plan Designs conference in Chicago.

Motivating employees to participate in the plan requires creative strategies—from serving cookies to visiting the oil rig where they perform their job.

Many full-time workers in developing and mature economies, not just the U.S., have taken few or no steps to plan for retirement.

A new survey indicates that the Baby Boomers who continue to work past retirement age are not only seeking income, but also social impact and personal meaning.

Rates of return for defined benefit (DB) pension plans outpaced those for employee-directed 401(k) plans over the last decade, according to an analysis by Watson Wyatt Worldwide.