News

Lipper, Inc. announced changes to its global Lipper Leader rating system that it says will create a more flexible and marketing friendly set of icons that better suit...

Standard&Poor’s has launched three new Shariah-compliant indexes covering the Pan Arab region and publicly traded property companies in developed and emerging markets.

They say that money talks – and the US Mint is certainly hoping that is the case, as it “rolls″ out the new Thomas Jefferson $1 coin today.

The U.S. District Court for the Southern District of Illinois refused to toss out allegations that Lockheed Martin Corporation breached its fiduciary duty by charging its 401(k) plan...

Federal regulators have distributed about $55.6 million to more than 200,000 investors hurt by market timing transactions in One Group Funds from Banc One.

An increasing menu of product choices and the growth in number of independent registered investment advisers (RIAs) are driving product providers to be more consultative, according to the...

Only one-third (34%) of workers in a recent poll by Robert Half Management Resources said they plan to quit work entirely when they are ready to retire.

A new report calls for asset managers to create initiatives that are more effectively tied to a firm’s brand and market position as understood by the adviser, providing...

The registered investment adviser (RIA) market will continue to experience rapid growth in the next five years says a new study from the Pershing Advisor Solutions LLC unit...

The use of brokers by institutional investors to execute single stock trades is gradually becoming defunct, giving way to more cost efficient electronic and portfolio trading systems, according...

More than half (56%) of employees say they are financially worse off this year than they were last year, and 30% say they are one major setback away...

Standard&Poor’s has added the S&P Global Timber&Forestry Index, S&P Global Nuclear Energy Index, and S&P Global Alternative Energy Index to the group of S&P Global Thematic Indices.

MetLife Investors Distribution Company, the distributor of products offered by the independent distribution arm of MetLife, has launched a marketing campaign designed to help advisers address their clients'...

The Principal Financial Group has announced that Cynthia LeMay has joined the company as vice president of consultant relations for Retirement and Investor Services.

Pershing LLC, a unit of The Bank of New York Mellon, has launched a new program designed to offer broker-dealer customers and their investment professionals solutions and best...

John Hancock College Savings has launched a multi-week back-to-school campaign for the busy 529 sales season, providing information and tools to financial consultants.

401(k) Advisors has enhanced its Scorecard System to measure the performance of asset allocation portfolios, known as lifestyle and lifecycle, or target date, funds.

Institutional investors have revived their use of commission payments for “soft dollar″ allocations, as the Securities and Exchange Commission (SEC) seems to have backed off its push to...

Emerging equity market returns continued to outpace developed market returns in July, according to Standard&Poor’s global stock market review, The World By Numbers.

St. Louis-based General American Life Insurance Company, a unit of MetLife, and a former executive have agreed to a $3.4 million settlement of late-trading charges with the Securities...