News

Chicago-based Hub International Limited, an insurance brokerage, announced Hub International of California Insurance Services, Inc. has acquired employee benefits consultant JRN Benefits.

A majority of employers have no intention of terminating their non-qualified executive retirement plans due to final Internal Revenue Code rules governing these arrangements, according to a survey...

Financial services firms rank the ability to acquire and retain clients as their number one business challenge in 2008, according to a survey by Cerulli Associates.

Jackson National Life Insurance Company has added two new portfolios to the existing lineup of mutual funds available to advisers through Jackson National Life Distributors LLC.

The Department of Labor’s Employee Benefit Security Administration (EBSA) has issued an advisory opinion about plan fiduciaries using plan assets to further policy or political issues through proxy...

Facing at least three lawsuits over its handling of investments in mortgage-backed securities, State Street Corp. on Thursday announced a new head of its investment unit and establishment...

President Bush signed legislation on Monday that makes it easier for mutual funds and private pension funds to sell their investments in companies doing business with Sudan.

A significant majority of financial advisers are confident in the country’s economic prospects, according to the latest Brinker Barometer from Brinker Capital.

Assets of all exchange-traded funds (ETFs) fell in November by $16.05 billion, or 2.7%, to $572.12 billion, according to data from the Investment Company Institute (ICI).

2007 proved to be a landmark year with many milestones reached in the worldwide use of mutual funds, according to observations from Strategic Insights.

Bradford P. Campbell, assistant secretary of labor for the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA), on Monday announced that the agency achieved monetary results of...

SBAuer Funds has launched the Auer Growth Fund (AUERX), which looks for stocks poised to double in value within a year.

However you feel about taxes and the Internal Revenue Service, odds are you’ve at least been tempted to find ways to pay less than the IRS seems to...

The Internal Revenue Service has updated its regulations on the tax treatment of cash balance plans to include changes made by the Pension Protection Act (PPA).

JPMorgan Funds, the U.S. mutual fund business of JPMorgan Asset Management, has announced that David Kelly will become its Chief Market Strategist.

Stock and bond mutual funds enjoyed a $502 million November asset inflow, according to data from the Financial Research Corporation (FRC).

You can’t make this stuff up.

With concerns about a deepening global credit crisis unabated, major U.S. financial institutions are increasingly turning to sovereign wealth funds for capital infusions.

U.S. lawyers are on track to bring about 58% more shareholder class action cases this year, Reuters reports.

The Trust and Investment Group at Alpine Bank in Rockford, Illinois, has complimented the target retirement fund offerings in their 401(k) platform with their own managed Lifestyle Premier...