News

Many retirees have been finding that their expenses are higher than anticipated in retirement, according to a survey released by the U.S. division of Sun Life Financial Inc.

Securities regulators have launched an initiative to identify effective practices used by financial services firms in dealing with senior investors.

Defined contribution plan communications provider Newkirk has unveiled its Automatic Enrollment “SmartSingle” employee communications material.

Heidi Walsh, who has headed up T. Rowe Price’s strategic marketing efforts, will now turn her focus to consultants and advisers.

Prudential Annuities has completed a second round of educational training classes with the University of Pennsylvania’s Wharton School as part of an executive retirement education program for advisers.

A Campbell, California-based plan service provider is making information about collective investment funds (CIF) more accessible to plan advisers.

John Hancock has formed a new team within its Special Markets Planning Group to function as a resource for financial planners and advisers who counsel clients about tax...

The Newport Group has appointed Vanessa Watkins, the firm’s Director of Retirement Plan Services, to the newly created position of Vice President of Strategic Alliances.

National Retirement Partners, Inc. (NRP) has closed on the acquisition of four advisory groups, thus completing their latest round of the firm’s acquisition strategy.

Mesirow Financial Investment Strategies is working with Diversified Investment Advisors to customize and manage target maturity portfolios for Diversified's plan sponsor clients.

US Fiduciary, Inc. (USF) has rolled out a new pricing strategy for wirehouse advisory teams going independent.

Believe it or not, it actually rains less on weekends.

UBS Wealth Management Americas has announced plans to develop and grow its Corporate Employee Financial Services (CEFS) business.

The U.S. District Court for the District of Massachusetts recently held that employer W.R. Grace and Co. and State Street Bank and Trust Co. did not breach their...

The Iowa Division of Insurance will be the first U.S. state regulator to implement an initiative designed to improve consumer understanding of fixed and indexed annuities.

Most working Americans responding to a recent poll declared they had begun saving for retirement, but didn’t expect to be able to start using the money until age...

Though concerns about their retirement exist, members of Generation X say those concerns are on the backburner while they deal with current financial priorities, according to a recent...

Russell Investments has named Peter Gunning as its new global chief investment officer (CIO) and managing director of multi-manager investments, effective mid-February.

Columbia Management has announced several key leadership appointments in its distribution and portfolio management areas.

Charles Schwab Investment Management has added two new international funds to its lineup.