IndexIQ has launched an asset management business that will be led by Austin “Gus″ Fleites, the former Chief Investment Officer and head of exchange-traded funds (ETFs) at ProShares.
Boston Financial Data Services, Inc., a Quincy, Massachusetts-based financial services outsourcing provider, has tapped Jude Metcalfe as senior vice president and head of Retirement Services.
Standard&Poor’s said Tuesday the world’s emerging and developed equity markets posted negative returns in August, with emerging markets dropping 1.94% and developed markets giving back 0.36% over the...
A new Vanguard analysis based on its 2006 defined contribution recordkeeping data finds concerns about participants’ plan participation, savings, and investing behaviors.
The Securities and Exchange Commission (SEC) charged 69 auditors with issuing audit reports on the financial statements of public companies although the firms were not registered with the...
U.S. listed ETF assets rose by approximately $23 billion in August with size, sector, style, and fixed income ETFs experiencing considerable asset growth.
Lincoln Employer Markets, a division of Lincoln Financial Group, is partnering with Ibbotson Associates to offer the Lincoln Ibbotson Insight Series of funds to its defined contribution clients.
The majority of American retirees (73%) say they will hang on to their homes rather than sell or downsize, according to the latest Principal Financial Well-Being Index.
Morgan Stanley and two Boston-based employees were charged by Massachusetts’ top securities regulator for improperly sifting though job posting Web site CareerBuilder.com to find customers, including potential sources...
Nearly one-quarter (23.2%) of people between the ages of 65 and 74 were in the labor force in 2006, the highest number in three years and an indication...
A booklet from Putnam Investments is expected to help individuals analyze their current retirement savings, figure out whether they are on track and, if they are not on...
Employees enrolled in Countrywide Financial Corp.’s 401(k) plan claim that illegal actions by those overseeing the plan led to millions of dollars in losses during a recent stock...
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