News

Nuveen Investments has agreed to be acquired by an investor group majority-led by Chicago-based Madison Dearborn Partners, LLC (MDP).

Changing investor needs and the continuing shift to open architecture are changing relationships between asset management organizations and fund distribution platforms.

Those who have consulted a financial professional about retirement planning are much more likely to say they are comfortable or confident about retirement than those who have not...

The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) will hold a public hearing on July 31 to assess the feasibility of using computer models to provide...

PFPC, a member of The PNC Financial Services Group, Inc., has added Northern Funds to its AdvisorCentral portal.

A Kansas third-party recordkeeping and administration company has unveiled a series of upgrades to its Internet sites for financial advisers, plan sponsors, and participants.

ExpertPlan, a provider of private-label recordkeeping solutions primarily to the micro and small plan retirement market, is moving up-market through a new trading link relationship with UBS Fiduciary...

Benefit brokers accounted for almost half (46%) of worksite sales of voluntary benefits in 2006, according to Eastbridge Consulting Group’s eighth annual U.S. Worksite Sales Study.

Bear Stearns Broker-Dealer&Investment Advisor Services (BDIAS) on Tuesday announced it is significantly broadening its mutual fund platform by expanding the list of available funds and adding to its...

A couple of weeks ago, my better half told me that she thought it was time that we traded in two of our aging vehicles – one a...

A couple of weeks ago, my better half told me that she thought it was time that we traded in two of our aging vehicles – one a...

“I would love to see people offer both [lifestyle and lifecycle funds] in their platforms;″ take away all the single-strategy stuff".

BlackRock, Inc. is launching nine new lifecycle portfolios with target maturity dates ranging from 2010 through 2050.

Only one-third of affluent Baby Boomers rely on outside advice when making financial decisions.

Don’t assume your clients are comfortable with fees just because they don’t say anything.

The ERISA Industry Committee (ERIC) has issued a proposal for a platform of lifetime security benefits aimed at easing employer strain, increasing individual responsibility, and providing equality of...

Chicago-based investment consulting firm Clark Strategic Advisors, Inc. (“CSA″) has become Stratford Advisory Group, Inc.

Aurora, Illinois-based Sikich LLP has announced the formation of a new subsidiary, Sikich Retirement Plan Services LLC.

Wachovia Retirement Services has released a product to help plan sponsors gauge the health of their retirement plans and give them suggestions on how to improve the plan.

Yesterday, the Securities and Exchange Commission (SEC) announced the distribution of $73 million to a second group of investors harmed by fraudulent market timing in the PBHG Funds...