News

Individuals in the U.S. today may not be better off in terms of income as their father's generation, a recent study suggests.

Workers are twice as likely to look to personal research or the advice of family and friends as they are to rely on the services of a financial...

MassMutual Retirement Services has two new Managing Directors of Institutional Sales, effective May 1.

Morgan Stanley Global Wealth Management Group (GWMG) announced that, this July, Rick Capozzi will join the firm as a Managing Director and National Sales Manager.

Fiserv, Inc. has announced the signing of definitive agreements to sell its Fiserv Investment Support Services (Fiserv ISS) operations in two separate transactions.

RiverSource Investments, LLC, a subsidiary of Ameriprise Financial, has launched two new single-strategy mutual funds.

RiverSource has launched SecureSource, an optional living benefit rider, which offers guaranteed lifetime income for individuals purchasing a RiverSource annuity.

Prudential Financial has redesigned its Web site for retirement plan participants in an effort to make online retirement planning easier.

JPMorgan Asset Management has tapped John H. Hunt as Chief Executive Officer of JPMorgan Asset Management’s Institutional business in the Americas.

Toledo, Ohio-based Hylant Financial Services is the latest company to become a member firm of National Retirement Partners (NRP).

The U.S. defined benefit pension market is going to be hit with a massive shakeup that will see three-quarters of private-sector DB assets frozen or terminated in the...

BISYS Group, Inc. has agreed to a $25 million settlement with the Securities and Exchange Commission (SEC) over charges that the financial services provider used improper accounting practices...

Standard&Poor's has launched indexes that include the most liquid stocks in Brazil, Russia, India, and China that comply with Shariah law.

Standard&Poor's has launched fully investable indexes for Muslim investors that include only stocks that comply with Shariah law.

Nearly half (42%) of plan sponsors do not have a relationship with a financial adviser.

Many of us will be firing up the grills this weekend and gathering with friends and/or family for the long Memorial Day weekend.

The Vanguard Group announced that it has filed a registration statement with the Securities and Exchange Commission (SEC) for its fifth international ETF.

The most common mistake made by consumers in the adviser selection process - accepting marketing information as accurate.

Clients want to know they are on their way to achieving life goals, not investment performance.

IndexIQ Inc. has agreed to provide indexing solutions to Advisor Partners LLC, a separate account manager serving the professional high end adviser market.