News

Invesco PowerShares Capital Management LLC has announced the listing of two new exchange-traded funds.

Eight UBS E-TRACS Exchange Traded Notes (ETNs) have begun trading on NYSE Arca.

The SPARK Institute has released for public review and comment the first of two proposals for best practices in information sharing among 403(b) plan providers and sponsors.

Nearly half (46%) of the advisers in a recent poll said their clients are still tracking their expectations of a decade ago for a timely retirement.

Citing months of poor performance, Goldman Sachs announced it has stopped offering an investment account that AQR Capital Management created for the bank's 401(k) lineup.

State Street Corporation has named Scott Powers president and chief executive officer of State Street Global Advisors (SSgA), the company’s investment management arm.

Citigroup Inc. has agreed to pay $33 million to about 2,500 current and former female brokers for its Smith Barney unit to settle a gender discrimination lawsuit.

The Newport Group has tapped Donna Haggin as Regional Director, reporting to Newport’s Chief Marketing Officer Tom Pittman.

Although retirement plan providers supply investment education materials to 56% of participants surveyed by Spectrem Group, only 12% said they refer to these materials on a regular basis...

John Barry of Torrance, California has been named the 2008 PLANSPONSOR Retirement Plan Adviser of the Year and FFoA in Pearl River, New York has been named the...

Renowned bond manager PIMCO has launched a target-date solution that the firm says “…differ from many older and less diversified types of target date funds.”

CAPTRUST Financial Advisors, an independent retirement advisory firm, has completed the acquisition of the retirement plan division of Birmingham, Alabama-based Capital Strategies Advisors Inc.

Only one-third of respondents to a survey by Bank of America are on track with their retirement planning efforts, and nearly one-quarter (23%) report they have not started...

A recent study suggests current economic woes may lead financial advisers to rely more heavily on asset manager leadership.

The “pat″ answer to that question has long been “to get to the other side.″

Consulting Group, the managed money unit of Smith Barney, has announced the launch of a new unified managed account program, Select UMA.

Vanguard has filed a registration statement with the Securities and Exchange Commission for the firm’s first passively managed global index fund.

This spring, 3.33 million students will graduate from high school, the largest class in American history.

A new survey found that 43% of non-retirees said debt affects their ability to save for a comfortable retirement “a great deal,″ while 32% of non-retirees said debt...

AIM Investments is now Invesco Aim.