EPIC Advisors Now Offers Investment Management
EPIC Advisors, Inc. announced it will now offer retirement plan investment management services as part of its suite of retirement plan products.
News
All S&P Investment Styles See Red in July
Nine U.S. equity investment styles posted negative returns in July, with greatest drop coming from SmallCap 600, according to Standard&Poor’s.
MetLife Teams with ProManage to Offer Managed Accounts
MetLife Resources and MetLife Securities, Inc have entered into a new alliance with ProManage, LLC, a registered investment adviser that specializes in providing managed accounts services for 401(k),...
Active International Equity Portfolios Outpace MSCI EAFE Index
Two-thirds of active international equity portfolios outperformed the MSCI EAFE Index return of 10.7% for the first six months of 2007, according to consultant InterSec Research.
Great-West Continues Buying in RK Space
Great-West Life&Annuity Insurance Co. (GWLA) has agreed to acquire Franklin Templeton Investment’s 401(k) recordkeeping business, the firms announced.
The Prestige
Financial advisers frequently view their role as helping others—but that role appears to be unappreciated, at least relative to other professions.
Participants Want Help Understanding 401(k) Fees
More than eight in ten (83%) 401(k) participants acknowledged they actually do not know how much they pay in fees and expenses associated with their plan.
Perspective: Direct Marketing Often Fails the Viral Test
The fourth of seven ineffective habits of retirement plan advisers
Broker-Dealers Cite Technology as Key to Future Business
What would broker-dealers do with an extra $100,000 to invest in their businesses? Spend it on technology.
John Hancock Announces New Retirement Portfolio Calculator
John Hancock Funds recently launched a new retirement portfolio calculator on its Web site.
Judge Blasts Principal Fee Suit Plaintiff Lawyers in Appeal Delay
A federal judge presiding over a lawsuit against the Principal Financial Group over its 401(k) revenue sharing arrangements has cleared the way for the case to be moved...
Ways&Means to Hold Hearings on 401(k) Fees
Just after the introduction of a new bill regarding 401(k) fee disclosures, another House Committee is gearing up for hearings on the issue.
More than Half of American Households on Track for Retirement Savings
About 57% of U.S. households should be able to live comfortably in retirement if they work until age 65 and buy annuities with their retirement nest egg, a...
Investment in Mutual Funds Slows to Near Halt in June
The combined assets of the nation's mutual funds went up slightly by $1.6 billion to $11.39 trillion in June, according to the Investment Company Institute (ICI).
Mutual Funds Take In $23.3B in June
Stock and bond mutual funds experienced net inflows of $23.3 billion in June, according to data from the Financial Research Corporation (FRC).
Prudential Executive Fined by SEC for Market Timing Scandal
The Securities and Exchange Commission (SEC) has fined former Prudential Securities executive Michael Rice and barred him from working in the securities industry for not putting a halt...
Advisers Say Clients Like Managed Accounts
Managed money accounts (70%) top advisers’ rankings of investment vehicles “gaining the most favor″ with their clients.
Jeffrey Carney Is BoA’s New President of Integrated Retirement Business
Bank of America has appointed Jeffrey Carney as president, Bank of America Retirement and Global Wealth&Investment Management (GWIM) Client Solutions.
Auto Plan Features Biggest Influence on Retirement Marketplace
Advisers predict that auto enrollment and auto deferral increases are the two principal features most likely to shape the retirement marketplace over the next three years.
New Claymore ETF Offers Easy Access to Global Luxury Market
Claymore Securities, Inc. on Monday launched the Claymore/Robb Report Global Luxury Index ETF (exchange-traded fund) on the New York Stock Exchange.