News

AIG VALIC, an investment provider focusing on the non-profit and for-profit education, health care, and government markets, has broadened the investment mandate of the VALIC Company I Social...

PowerShares Capital Management LLC, a provider of exchange-traded funds (ETFs), will expand its family of fixed-income ETFs with new listings on October 11, 2007.

Commonwealth Financial Network and 401(k) Producer Services have agreed to an institutional partnership that will provide Commonwealth advisers with access to retirement plan consulting tools and resources.

WisdomTree Investments, Inc., today launched a new 401(k) plan solution that uses exchange-traded funds (ETFs) as the core investments.

Retirement industry groups told the U.S. House Education and Labor Committee last week that a legislative proposal calling for greater disclosure of 401(k) fees would be too overwhelming...

F-Squared Investments, LLC, has launched an industry index portfolio dedicated to indexes constructed of a select number of actively managed mutual funds.

Attorneys General in Alaska and Idaho are looking into possible legal action against State Street Corp. over losses their state retirement funds suffered investing in two enhanced index...

People don’t stay with a financial services firm because of the brand; they stay because they have forged a relationship with an adviser they trust.

The testimony presented at last week’s hearing by the House Education and Labor Committee on the issue of 401(k) fees was remarkably consistent, IMHO, certainly compared with the...

The testimony presented at last week’s hearing by the House Education and Labor Committee on the issue of 401(k) fees was remarkably consistent, IMHO, certainly compared with the...

Institutional investment consulting firm Rogerscasey Inc. has hired Ward Harris as Managing Director, Financial Intermediary Group and T. Patrick Mulvey as Managing Director, Marketing and Business Development.

A federal judge in Connecticut has cleared the way for the trustees of five 401(k) plans to pursue their claims that Nationwide Financial Services was a fiduciary because...

ExpertPlan, a Princeton, New Jersey-based recordkeeper, is partnering with a payroll provider.

Fidelity Investments named Michael K. Clark, former chief executive officer of JPMorgan’s securities services operation, to head its Institutional Services business.

Independent registered investment adviser (RIA) firms' assets under management grew a median of 20% in 2006 and revenues increased at a median rate of 16% during the same...

Despite worries about estate taxes, many Americans with significant savings have not taken adequate steps to plan their estate.

State Street Global Advisors (SSgA) has launched a program that focuses on the needs of financial advisers, registered investment advisers, and wealth managers in practice management and portfolio...

Among investors who work with financial professionals, 40% would like more information about ETFs and about half (51%) would consider investing in exchange-traded funds (ETFs) if their adviser...

It’s early yet – but football fans already have their favorites picked for the Super Bowl.

Fidelity Investments introduced new mutual funds and variable annuities aimed at making it easier for retirees to convert their savings into monthly income payments.