News

The assets owned by high net worth individuals (HNWI) reached $50 trillion in 2007, according to a study of the global private banking and wealth management market by...

Two new exchange-traded funds (ETFs) from ProShares offer investors short or magnified exposure to telecom stocks.

Massachusetts Mutual Life Insurance Co. (MassMutual) has unveiled a new Web site that introduces career changers, industry veterans, and college graduates to a career with MassMutual via testimony...

There’s a growing recognition that retirement plan managers are under the gun because of new legislation as well as increases in employee mobility and auto-enrollment.

Federal regulators have contended that fiduciaries may still be legally required to disclose plan fees such as revenue sharing even if such a mandate is not explicit in...

Charles Schwab has enhanced its managed account platform to assist independent investment advisers who choose to outsource functions such as money manager research and portfolio construction.

The FTSE Group and Conflict Securities Advisory Group (CSAG), a research provider in terror-free investment screening and certification services, have launched the FTSE CSAG Terror-Free Index Series.

New research conducted by Harris Interactive on behalf of Longevity Alliance shows Baby Boomers’ worries over retirement savings have increased as economic indicators continue to trend downward, but...

SEI has launched the SEI Advisor Resource Center (ARC), a Web-based marketing system for the SEI Advisor Network's more than 6,500 independent adviser clients.

Schwab Institutional and Morningstar Investment Services have established a relationship whereby Morningstar’s portfolio management services will be available on Schwab Institutional's enhanced managed account services platform.

They say that nice guys finish last, but a new study suggests a different conclusion.

The U.S. Individual Insurance Division of Sun Life Financial Inc. has announced several enhancements to its Executive Bonus Marketing Program.

Direxion Funds has launched the Direxion /Wilshire Dynamic Portfolios, institutional style model portfolios for financial advisers.

Joseph D. Stecher will be joining Morgan Stanley Alternative Investment Partners as Managing Director and Chief Investment Officer of the firm’s real estate fund of funds business.

John Hancock Retirement Plan Services has added two senior officers dedicated to relationships with TPAs and realigned seven regional marketing directors to more closely work with the TPA...

Christopher Callahan has been named director of North American Sales and Relationship Management for MFS Institutional Advisors, Inc. (MFSI).

Principal Funds has added five new portfolios to its Principal LifeTime funds series.

The path to business success in the retirement plan adviser world is paved with good relationships, according to new Fidelity Investments research.

Russell Investments has added six funds to its LifePoints Funds, Target Date Series.

The SPARK Institute has submitted a formal request to the IRS for a “Pre-Approved 403(b) Prototype Plan Program,″ according to SPARK Institute general counsel Larry Goldbrum.