News

The MetLife Mature Market Institute, in conjunction with WISER (Women’s Institute for a Secure Retirement), designed a retirement planning guide specifically for women.

Financial regulatory agencies are requesting public comment on a proposed rule that would ensure regulated financial institutions design incentive compensation arrangements to take account of risk. 

Advisers who offer lower fees to attract clients are finding it difficult to raise the fees to acceptable levels, contends a report from PriceMetrix.

BNY Mellon Asset Management has named Jack Malvey to the newly created position of chief global market strategist.

AXA Equitable Life Insurance Company is launching the Retirement Gateway, a group variable annuity to fund retirement plans for the small- to mid-size market.

Fiduciary Benchmarks will provide benchmarking services to M Financial Group's 130 Member Firms and their 800 producers. 

Eight in ten advisers at broker/dealers and insurance companies say the idea of being an independent registered investment adviser (RIA) is appealing, according to a Schwab survey. 

ProShares unveiled what it says is the first exchange-traded fund (ETF) in the United States that provides inverse exposure to the investment grade corporate bond market.

TIAA-CREF is expanding its endowment management business with the launch of Covariance Capital Management.

A Franklin Templeton poll found half of respondents are planning to invest outside their home country this year, with 62% planning to do so over the next decade.

MassMutual's Retirement Services Division has introduced RetireSmart Ready; a tool to help participants calculate and implement saving rates and asset allocation strategies.

The trustees of a Nevada supply company’s 401(k) plan can proceed with their suit accusing a plan consultant of a fiduciary breach by convincing the plan to invest...

A federal judge in New York threw out a stock-drop lawsuit against UBS AG and UBS Financial Services Inc.

Federal regulators announced that the deadline for public comment about whether the term “fiduciary” should be expanded has been set for April 12, 2011.

Beginning in April, plan sponsors will be able to produce plan menus that provide access to 20 strategies internally managed by Hedgeable.