News

American Funds edged out the Vanguard Group as the best-selling fund group in March with $7.2 billion, while Vanguard ended the month with $6.5 billion.

Australia has a private savings system that, by all accounts, is working to the benefit of savers and financial advisers alike – but it doesn’t seem to be...

As the understanding that the safety net of Social Security might not be there in the future, young adults seem poised to prepare for their post-working years.

XTF has introduced nine new ETF-based mutual fund portfolios, available with four pricing models, targeted for the 401(k) market and retail advisers.

Mutual fund investors dinged by the fund trading scandal are getting ready to get some pay back.

New SPDR exchange-traded funds (ETFs) include the first capitalization-weighted vehicle covering international small cap equities.

JPMorgan Worldwide Securities Services has named Edward Mollahan as employee benefit investment executive, a new position designed to help private and public institutions address growing requirements for benefit...

Morgan Stanley has agreed to pay $46 million to settle a gender bias lawsuit brought last June by thousands of female advisers.

Prudential Retirement has introduced three new institutional sub-advised funds that will be managed in a manner consistent with socially, ethically and morally responsible investing.

In order to better generate retirement income for investors, the investment management arm of State Street Global Advisors has changed the asset allocations of its target date fund...

The U.S. Department of Labor’s (DoL) Employee Benefits Security Administration will tomorrow publish a "request for information" (RFI) in the Federal Register asking for proposals on how to...

Advisers who help clients put together a formal retirement income plan end up with more assets – and more referrals - from more satisfied customers.

MSCI Barra has developed a global family of Islamic indices designed to reflect the Shariah investment principles.

Nearly one in five adults expects to work until they die, and perhaps with good reason, based on their savings rates.

With final regulations rumored to be just weeks away, a new survey of the 403(b) market finds an industry seemingly poised to exploit those changes.

As the parent of a daughter away at college for the first time, the events in Blacksburg, Virginia, last week had a particularly horrific effect.

Fee-based practices are growing, with 46% of advisers adopting that pricing structure, an increase of 35% over the past five years.

A former corporate actions clerk at ING Financial Services was arrested Thursday on federal wire fraud charges for his part in an embezzlement scheme related to client dividend...

Nuveen Investments is acquiring HydePark Investment Strategies, a firm that specializes in enhanced equity investment management.

Combined assets of the world’s mutual funds increased 7.6%, to $21.76 trillion at the end of the fourth quarter of 2006 and 22.5% for the year, according to...