NestEgg Dow Jones Target Date Funds Add International Segment
American Independence has added international securities to its NestEgg Dow Jones Target Date Funds and has reduced the expense ratios of each of the share classes of the...
News
Paper Examines Liability and Business Opportunity from Advice
A new white paper from the Principal Financial Group offers a perspective on the new role of a fiduciary adviser.
New Company Protects against Broker Misconduct and Scams
Former Securities and Exchange Commission (SEC) Enforcement Branch Chief and consumer advocate Pat Huddleston has launched Investor's Watchdog, a company that provides investors with intelligence and expertise to...
DoL Receives Letters Urging Caution in Fee Disclosure
Correspondents offering input to the U.S. Department of Labor (DoL) about revisions to 401(k) fee disclosures said that educating plan sponsors and participants about fees was important but...
Guaranteed Income Should Be Part of Overall Retirement Strategy
In-plan investments that provide guaranteed income should be used as part of an overall allocation strategy, garnering only about 15% to 30% of a deferral, said Joseph Eck,...
Morgan Stanley Settles Race Discrimination Suit
Morgan Stanley has agreed to settle a class-action lawsuit that accused the investment bank of discriminating against black and Latino employees in its retail brokerage division since 2002.
Barclays Launches International REIT ETF
Barclays Global Investors (BGI) has announced the launch of the iShares S&P World ex-U.S. Property Index Fund on the NYSE.
EPIC Advisors Now Offers Investment Management
EPIC Advisors, Inc. announced it will now offer retirement plan investment management services as part of its suite of retirement plan products.
All S&P Investment Styles See Red in July
Nine U.S. equity investment styles posted negative returns in July, with greatest drop coming from SmallCap 600, according to Standard&Poor’s.
MetLife Teams with ProManage to Offer Managed Accounts
MetLife Resources and MetLife Securities, Inc have entered into a new alliance with ProManage, LLC, a registered investment adviser that specializes in providing managed accounts services for 401(k),...
Active International Equity Portfolios Outpace MSCI EAFE Index
Two-thirds of active international equity portfolios outperformed the MSCI EAFE Index return of 10.7% for the first six months of 2007, according to consultant InterSec Research.
Great-West Continues Buying in RK Space
Great-West Life&Annuity Insurance Co. (GWLA) has agreed to acquire Franklin Templeton Investment’s 401(k) recordkeeping business, the firms announced.
The Prestige
Financial advisers frequently view their role as helping others—but that role appears to be unappreciated, at least relative to other professions.
Participants Want Help Understanding 401(k) Fees
More than eight in ten (83%) 401(k) participants acknowledged they actually do not know how much they pay in fees and expenses associated with their plan.
Perspective: Direct Marketing Often Fails the Viral Test
The fourth of seven ineffective habits of retirement plan advisers
Broker-Dealers Cite Technology as Key to Future Business
What would broker-dealers do with an extra $100,000 to invest in their businesses? Spend it on technology.
John Hancock Announces New Retirement Portfolio Calculator
John Hancock Funds recently launched a new retirement portfolio calculator on its Web site.
Judge Blasts Principal Fee Suit Plaintiff Lawyers in Appeal Delay
A federal judge presiding over a lawsuit against the Principal Financial Group over its 401(k) revenue sharing arrangements has cleared the way for the case to be moved...