News

Sun Life has added three diversified fund family portfolios to further boost adviser choice when determining the best option for clients.

John C. Kennedy has joined MetLife Investors Distribution Company to lead the company’s wirehouse channel.

Touchstone Investments is expanding its product offering with the introduction of the Touchstone Mazama Institutional Growth Fund.

TIAA-CREF, provider of retirement services in the academic, medical, and cultural fields, has announced the addition of international equity investments to its CREF Social Choice variable annuity account.

A federal judge in Pennsylvania has approved a $14 million settlement of a nine-year legal battle over allegations New York Life Insurance Co. improperly directed employees’ and agents’...

A new online account management tool from The Principal Financial Group provides retirement-focused financial professionals fast, tailored access to client data, according to a company announcement.

California’s Attorney General and Capital Research and Management Company, the investment adviser to the American Funds family of mutual funds, have entered into an agreement to withdraw their...

A new study by a Washington, D.C. social policy research group concludes that changing the income thresholds for taxing Social Security benefits would be the biggest help to...

A new study from the Center for Retirement Research (CRR) at Boston College indicates that one result of increasing health care costs is workers deciding to delay retirement.

Standard&Poor's has renamed the sector indices acquired from Goldman Sachs in February 2007 to the S&P North American Sector Indices.

While it’s been a relatively mild winter here (and it’s not over yet), it’s been cold enough—and our house old enough—that opening the various utility bills has been...

While it’s been a relatively mild winter here (and it’s not over yet), it’s been cold enough—and our house old enough—that opening the various utility bills has been...

Independent registered investment advisers (RIAs) are much less optimistic about the economy than they were previously, says the latest Schwab Institutional survey.

Although the average U.S. household invests about 55% of its 401(k) or other defined contribution plan assets in stocks, many Americans are going to extremes when it comes...

The Internal Revenue Service (IRS) has issued new guidance regarding three areas of plan administration changed by the Pension Protection Act of 2006 (PPA).

Plan document provider ftwilliam.com has released two new 403(b) plan documents, updated with the 2007 final regulations.

The Securities and Exchange Commission (SEC) announced that Fidelity Investments agreed to pay an $8 million penalty in connection with charges 13 current or former employees improperly took...

Everett most recently served as senior vice president and deputy general counsel at the Principal Financial Group, the company said in an announcement. Ralph Eucher, former president of...

The Securities and Exchange Commission (SEC) has proposed two new rules under the Investment Company Act to allow exchange-traded funds (ETFs) to operate without first getting SEC exemptive...

A 65-year-old couple retiring in 2008 will need approximately $225,000 to cover medical costs in retirement, according to new Fidelity Investments data.