News

In an amicus brief, the U.S. Department of Labor asked the 9th U.S. Circuit Court of Appeals to reverse a federal district court’s dismissal of a 401(k) stock-drop...

Security Benefit hired eight investment and insurance focused Regional Directors for the Personal Retirement Savings (PRS) Group.

New York-based asset manager Van Eck Global has launched Market Vectors Investment Grade Floating Rate ETF.

BrightScope’s CEO says there is a need in the marketplace for investors to have more quantitative data when selecting a financial adviser.  

At the end of 2010, exchange-traded funds (ETFs) reached 25% of retail fund assets in wrap programs at national broker/dealers (B/Ds), up from 22% at the end of...

Rothschild Asset Management selected Michael Tamasco for the newly created position of Managing Director and Chief Marketing Officer.

BNY Mellon institutional clients will be given access to Private iQ, a private capital benchmarking service, developed by the Burgiss Group.

Index provider Dow Jones Indexes announced the development of a new index family.

Riverside Risk Advisors, a boutique derivatives advisory firm, has hired Steven Plake.

Cerulli Associates analyzes the potential growth of exchange-traded funds in a new report.

Castle Rock Innovations, LLC (CRI) has rolled out a servicing platform that it says addresses the Department of Labor’s 408(b)(2) fee disclosure requirements.

AXA Equitable Life Insurance Company has partnered with Wilshire Associates Incorporated to help plan sponsors meet their fiduciary obligations in screening, selecting and monitoring investment options.

Plans in the Northern Trust Universe advanced 3.6% at the median in the first quarter of 2011.

ING U.S. Retirement Services has been selected as the retirement plan service provider for the Mount Holyoke College Defined Contribution Retirement Plan.

Security Benefit, a Guggenheim Partners Company, launched EliteDesigns as the inaugural product for its new Personal Retirement Savings (PRS) initiative.