News

Chicago-based Envestnet has unveiled the Envestnet Sustainability Platform that integrates three major components to incorporate the tenets of sustainability into the process of constructing client portfolios.

Transamerica IDEX Mutual Funds has a new name: Transamerica Funds.

Van Kampen Retirement Strategy Trust today filed a registration statement with the U.S. Securities and Exchange Commission for 10 new lifecycle funds.

Morningstar has unveiled Morningstar Site Builder, a Web-based platform consisting of Morningstar’s financial adviser tools, content, and reports that investment firms can add to their existing adviser Web...

Claymore Securities, Inc. has announced that eight of its exchange-traded funds (ETFs) are included as underlying investments in the Fiserv Trust Target Date Blueprint Funds.

Parametric Portfolio Associates and IW Financial have teamed up to design customized tax-managed separate accounts strategies for advisers and institutions seeking to incorporate socially responsible, faith-based, terror-free, and...

A suburban Philadelphia company has launched three exchange-traded funds (ETFs) on the New York Stock Exchange.

RBC Dain Rauscher has changed its brand name to RBC Wealth Management.

If you watch commercial TV (that is to say, TV with commercials), you’ve no doubt been struck by the proliferation of ads for various prescription medicines.

If you watch commercial TV (that is to say, TV with commercials), you’ve no doubt been struck by the proliferation of ads for various prescription medicines.

A new lawsuit has accused a group of insurance companies, consultants, and lawyers of conspiring to sell illegal tax shelters to employers for 412(i) plans by misrepresenting the...

Working Americans’ confidence in their ability to retire comfortably declined significantly in the past year, according to the Ninth Annual Transamerica Retirement Survey.

Assets of all exchange-traded funds (ETFs) fell in January by $39.70 billion, or 6.5%, to $568.73 billion, according to data from the Investment Company Institute (ICI).

Blue Marble Investments (BMI) has unveiled online, professionally managed portfolios that invest solely in socially responsible mutual funds.

Massachusetts Mutual Life Insurance Company (MassMutual) has agreed to buy Memphis-based First Mercantile Trust Company from SunTrust Banks, Inc.

Federal benefit regulators have proposed a new safe harbor for sponsors of smaller benefit plans that deposit employee contributions within seven business days.

FINRA (the Financial Industry Regulatory Authority) announced it has settled cases against five firms for improper mutual fund sales and supervisory violations.

The majority of retirement plan participants are not familiar with products that can provide them with a guaranteed income stream in retirement.

As U.S. workers continue to change jobs at an unprecedented rate (experts say it’s now up to 20 percent annually), the retirement accounts they leave behind with previous...

Chicago-based insurance broker Lockton Companies is expanding the capabilities of its Chicago office to include retirement plan consulting services for corporate and not-for-profit organizations.