Virtual Reality
The popular virtual world of Second Life is on the road to becoming a communication tool in the financial world.
News
United Planners Links with FundQuest for Managed Account Platform
Broker/dealer United Planners Financial Services of America launched a managed account platform available to their investment adviser qualified representatives.
GAO Finds Pressing Need for Workplace IRA Study
Employer-sponsored IRAs may sound like a good idea for workers without traditional retirement savings programs, but a new study says that federal regulators can’t evaluate the option effectively...
Newkirk Adds Investment Change Notice for Participants
Newkirk now includes an investment change notice to its participant communications offering.
Sun Life Upgrades Business Succession Planning Program
Sun Life Financial Inc. announced enhancements to its program for succession planning.
Invesco PowerShares To List Two NASDAQ ETFs
Invesco PowerShares Capital Management LLC will list two new exchange-traded funds (ETFs) on the NASDAQ Stock Market.
NRP Brings on Director of Member Firm Services
Debbie Vince, formerly of 401(k) Producer Services, has taken on a newly created role of director of member firm services at National Retirement Partners (NRP).
WisdomTree, Dreyfus Join Forces To Offer Currency ETFs
Wisdom Tree and Dreyfus are launching an exchange-traded fund (ETF) family with exposure to foreign currencies.
Forward Management Picks Up Investment Adviser
Forward Management, LLC, investment adviser to the Forward Funds, has agreed to acquire Accessor Capital Management LP (Accessor), investment adviser to the Accessor Funds.
Fidelity’s HybridOne Manages Both Commission and Fee Business
Fidelity Institutional Wealth Services and National Financial launched HybridOne to meet the needs of firms and advisers that conduct both commission- and fee-based business.
Pershing Affiliate iNautix Releases Document Management Solution
The system is designed to aid the paperless offices of introducing broker/dealers, investment professionals, and independent registered investment advisers (RIAs).
Retirees ‘Staying Alive’ But Lack Confidence
Retirees and pre-retirees lack confidence in making their retirement money last, and only one-fifth have discussed spending in retirement with a financial adviser.
Even You Might Not Be Saving Enough
Financial service employees are not more on track with their retirement savings than other people, a study from MetLife found.
Social Security Data Overestimate Early Retirement
Social Security analysis is not accurately portraying when people retire, says a brief by the Center for Retirement Research (CRR) at Boston College.
Target-Date Funds Display Wide Range of Equity Allocation
When looking at 2020 funds, the range of equity allocations spans from 51% to 95%, according to a study by Financial Research Corporation (FRC).
Q1 Sees DC Flight to Safety
Defined contribution participants chased performance in the face of first-quarter volatility this year, according to Callan Defined Contribution Index data.
Pershing Adds New Fund Providers to FundVest Platform
American Funds, JennisonDryden, OppenheimerFunds, and Van Eck Global are now available on FundVest, Pershing's mutual fund platform.
Smaller is Better, Says Next Generation of Advisers
In a recent survey, financial planning students said they prefer boutique firms.
For Annuities, It’s All About Timing
Purchasing fixed-income annuities gradually or all at once can build more long-term wealth and liquidity than other retirement income strategies, claims a study from MassMutual.
RIAs Hunt for Consistency, Low Cost in Asset Managers
American Funds and Fidelity are at the top of the asset manager list with registered investment advisers (RIAs).