News

Rydex Investments, manager of mutual and exchange-traded funds (ETFs), is near a deal to sell itself for about $800 million to $1 billion, according to TheStreet.com.

Investment Technology Group, Inc. (ITG) has entered into a definitive agreement to acquire privately held RedSky Financial, LLC.

Transamerica has launched a division focused on helping workers make the leap into retirement and invest and allocate their retirement assets.

In nearly 30 years working with employer-sponsored retirement plans, I am hard-pressed to call to mind a product innovation that has been adopted with as much vigor as...

In nearly 30 years working with employer-sponsored retirement plans, I am hard-pressed to call to mind a product innovation that has been adopted with as much vigor as...

Yesterday, Wachovia announced plans to double its private banking unit by 2010.

According to clients, more is not always better when it comes to meeting with their advisers.

As adviser client relationships move from one that revolves around picking investments to one more focused on personal counseling and education, it’s important to maintain trust.

Ann Arbor-based independent broker/dealer Sigma Financial Corporation says May was the firm’s second straight record month in terms of revenues.

Although employees retired and took a full defined contribution plan distribution, they did not necessarily give up their rights to file a fiduciary breach suit, according to a...

'I have never said that indexing is the best strategy an investor could ever possibly follow, but I can say that the number of strategies that are worse...

The world’s emerging and developed markets continue to post positive returns in May 2007, Standard&Poor’s said Thursday.

Washington-based ShareBuilder is trying to raise awareness about 401(k) participant fees, specifically calling for fees to stay below the 1% mark and for total fee transparency.

The Principal Financial Group has unveiled a new online distribution service for employee stock ownership plans (ESOP).

U.S.-listed ETF assets rose by approximately $20 Billion in May with International, Style, Size, Specialty and Broad Market ETFs experiencing considerable asset growth.

More than two-thirds of plan sponsors say they want the Securities and Exchange Commission (SEC) to draw clearer lines for disclosure requirements for commissions paid to brokers for...

High-net worth investors, at least those who rely on the services of a Registered Investment Advisor (RIA), are eschewing index funds for a more active approach.

It’s an issue that has plagued humankind ever since men and women began living together - with indoor plumbing.

For failing to properly supervise brokers delivering misleading information to plan participants during retirement seminars, Citigroup Global Markets, Inc. will settle with the NASD for more than $15...

The second of seven ineffective habits of retirement plan advisers