News

Morningstar found that mutual fund managers commonly shop outside their own funds.

TIAA-CREF has published its first article in a new series that explores strategies for maximizing retirement income.

Natixis Global Asset Management, L.P. (NGAM) announced that Paul C. Anderson has been named vice president of its Institutional Services division.

Union Bank of California’s brokerage subsidiary, UnionBanc Investment Services, introduced assessment tool Retirement Income Evaluation.

Charles Schwab Investment Management, Inc., (CSIM) is further expanding its relationship with Mondrian Investment Partners Limited to offer two new funds to the Laudus Mondrian lineup.

Mercer is making group variable annuity ClearCourse available as an investment option for the defined contribution plans it administers.

A federal appellate court ruled that employees don’t lose the right to pursue individual claims when they cash out their plan balances.

For the first time since their creation, open-end mutual fund launches were eclipsed by the combined introductions of ETFs, closed-end funds, and variable annuities in 2007.

John Hancock Annuities' Income Plus For Life optional withdrawal benefit rider, available with Hancock’s variable annuities, now offers step-ups quarterly rather than annually.

First Trust Advisors L.P. unveiled the First Trust ISE Global Wind Energy Index Fund, an exchange-traded fund (ETF) anticipated to begin trading June 18.

JPMorgan Retirement Plan Services announced that Hal Bjornson joined the firm as head of investment services.

Investment manager Emerald Asset Advisors, LLC, said its alternative strategies are now available on the FOLIOfn Institutional platform.

Although more affluent investors are choosing to work in retirement to supplement their income, few are choosing to meet more often with their adviser, a study by Cogent...

My dad has been on my mind a lot of late—for no particular reason that I’ve been able to identify.

Charles Schwab introduced the Schwab Indexed Retirement Trust Funds to the Charles Schwab Trust Company offering of target-date collective trust funds for retirement plans.

Advisor Products Inc. (API), launched a Web site to manage communications between financial advisers and their clients.

Mahoney&Associates, a privately held compensation and benefits management firm, hired David Hooban as qualified plans specialist.

ETF Portfolio Solutions, Inc., an RIA firm specializing in exchange-traded funds (ETFs), brought aboard William Koehler as CIO.

Fidelity Investments turned to Thomson Reuters executive Michael E. Wilens to fill the new position of head of asset management.

Nearly eight in 10 (78%) employers surveyed by Fidelity Investments already offer a QDIA, with most (63%) holding lifecycle funds as the QDIA.