News

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...

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A new study suggests lifetime income annuities are the most cost-effective and least risky asset class for generating retirement income that will last for an individual’s lifetime.

Northern Trust will offer target date collective funds that are globally diversified and incorporate inflationary hedge asset classes such as global real estate and commodities, in addition to...

Americans need to add a fourth leg to the traditional “three-legged stool″ paradigm to properly prepare themselves for life after their full-time work lives come to an end,...

Invest n Retire, LLC has come out with a product that analyzes the investment allocation of employees’ plan contributions to determine whether the investment option is under-weighted or...

Standard&Poor’s on Tuesday launched its S&P /GRA Commercial Real Estate Indices.

UBS Global Asset Management has come out with a new generation of UBS TargetRetirement Collective Funds that use an actively managed approach.

A research paper authored by a trio of university economists argues that most of the concerns that Americans’ retirement savings are insufficient to pay for their golden years...

One of the women who, it had been predicted, might take over Edward “Ned″ Johnson III’s reins at Fidelity Investments has announced her resignation, leaving behind the hovering...

Fidelity Investments snagged the top overall spot in Kasina’s ranking of defined contribution plan Web sites for participants, while the Vanguard Group came in first for plan sponsors.

Bank of America (BoA) announced Tuesday that it had tapped six executives for posts in the leadership team for its new Global Wealth&Investment Management (GWIM) Alternative Investments group.

Three former Nicholas-Applegate portfolio managers have announced the formation of Eudaimonia Asset Management, a majority employee-owned, institutionally-focused investment advisory boutique.

Reserve Solutions is now offering what it says is a more flexible way for employees to borrow money from their 401(k) accounts.

The Credit Suisse/Tremont Hedge Fund Index Group has unveiled the Markets Defender Basket, an online basket of hedge fund sector indexes, based on the Credit Suisse/Tremont Sector Invest...

Securian Retirement Distributors says that 11 new investment options are now available to qualified retirement plan sponsors.

Smith Barney has named Julian Clark, former President and CEO of Mellon Investor Services, as Managing Director of Smith Barney Global Stock Plan Services.

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...

A new white paper from the Principal Financial Group offers a perspective on the new role of a fiduciary adviser.

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...