News

Target-date mutual funds, also called lifecycle funds, are exploding in popularity.

Bear Stearns Asset Management (BSAM) announced the launch of the first actively managed exchange-traded fund (ETF).

Nearly half (48%) of workers agree that employees should be automatically enrolled in their employer-sponsored 401(k) retirement plan with a standard savings rate, according to the latest Principal...

Dow Jones Indexes and Transparent Value LLC have launched the Dow Jones Required Business Performance (RBP) Index series, with indexes that measure the likelihood that a company can...

American Century Investments announced Joseph P. Craven has joined the firm as senior vice president of its institutional business.

Charles Schwab has introduced a suite of funds designed to generate a targeted annual payout.

Charles Schwab has introduced a suite of funds designed to generate a targeted annual payout.

In conjunction with FundQuest, TD AMERITRADE Institutional is introducing Select Portfolio Solutions, a new managed accounts platform for registered investment advisers (RIAs).

Thrivent Asset Management has launched two new mutual funds to offer investors access to diversified international investing and to help protect investors in retirement from inflation.

ING has announced it is making available 403(b) plan documents public schools can adopt to meet the new IRS 403(b) requirements by January 1, 2009.

Sun Life has added three diversified fund family portfolios to further boost adviser choice when determining the best option for clients.

John C. Kennedy has joined MetLife Investors Distribution Company to lead the company’s wirehouse channel.

Touchstone Investments is expanding its product offering with the introduction of the Touchstone Mazama Institutional Growth Fund.

TIAA-CREF, provider of retirement services in the academic, medical, and cultural fields, has announced the addition of international equity investments to its CREF Social Choice variable annuity account.

A federal judge in Pennsylvania has approved a $14 million settlement of a nine-year legal battle over allegations New York Life Insurance Co. improperly directed employees’ and agents’...

A new online account management tool from The Principal Financial Group provides retirement-focused financial professionals fast, tailored access to client data, according to a company announcement.

California’s Attorney General and Capital Research and Management Company, the investment adviser to the American Funds family of mutual funds, have entered into an agreement to withdraw their...

A new study by a Washington, D.C. social policy research group concludes that changing the income thresholds for taxing Social Security benefits would be the biggest help to...

A new study from the Center for Retirement Research (CRR) at Boston College indicates that one result of increasing health care costs is workers deciding to delay retirement.

Standard&Poor's has renamed the sector indices acquired from Goldman Sachs in February 2007 to the S&P North American Sector Indices.