News

The retail sales and financial planning division of Lincoln Financial Group has appointed Christine Baker as Regional Managing Director, Advisor Recruitment, for the Southeast territory.

The U.S. Federal Reserve gave its nod to a regulation allowing banks to continue selling some securities products and services without having to register as brokers with the...

UBS has opened a Private Wealth Management operation in Chicago, Illinois, its third such office in the U.S.

Concerns about unscrupulous financial advisers using faux designations to mislead individual investors have resulted in a number of state initiatives to crack down on how these designations are...

Thornburg Investment Management has agreed to waive fees and reimburse expenses for the Thornburg Funds’ R class shares.

The Securities and Exchange Commission (SEC) has issued a cease-and-desist order against pension consultant Callan Associates for failing to tell its clients about an outside business relationship that...

Callan Associates’ Trust Advisory Group will act as adviser to a series of target maturity collective funds designed for defined contribution plan participants.

The Depository Trust&Clearing Corporation (DTCC) has launched a redesigned service to streamline the gathering of fund prospectus information.

Bank of America has appointed Bill Carey, formerly of Fidelity Investments, as national executive of Business Retirement Solutions.

The Standard is making a new fee education campaign available to employees of its retirement plan clients.

Columbia Management has appointed Colin Moore as chief investment officer, expanding his role as head of equity to include responsibility for all investment activities.

Democratic presidential hopeful Senator Joe Biden has put forth his plan to help Americans save for retirement.

CitiStreet has announced the rollout of an enhanced managed account service.

“It would be a real shame if, instead of physical limitations, we ended up with financial limitations in our old age,″ commented Matthew Greenwald of Mathew Greenwald &...

Of course, they say every day is Children’s Day!

The Internal Revenue Service (IRS) announced on Wednesday it will temporarily stop taking applications from pre-approved defined contribution plans for determination letters on December 18, 2007.

The National Association of Personal Financial Advisors (NAPFA) will offer its fee-only members access to institutionally-priced immediate annuities via Hueler Companies’ platform.

A partnership between Mutual of Omaha and Mesirow Financial will offer plan sponsors access to fiduciary services including investment guidance and monitoring, the companies announced.

The 401(k) fee disclosure legislation pending in Congress will have a detrimental effect on the employer-sponsored retirement plan system, argues the SPARK Institute.

The 2nd U.S. Circuit Court of Appeals has reinstated a case brought against the New York Stock Exchange (NYSE) by institutional investors who claim the exchange and seven...