Several Indiana teachers have filed what could become a class-action lawsuit, accusing MetLife and a financial consultant of rigging their 403(b) investment options.
Fidelity Investments reported that its 2006 net income was off by11.3% - its first profit drop in four years - as it scrambled to keep up with rivals,...
Sixteen new iShares exchange traded funds (ETFs) have transferred listings to the New York Stock Exchange (NYSE) from the American Stock Exchange, completing a previously announced deal.
Charles Schwab has launched the Schwab Advisor Portfolio, aimed at advisers and third party administrators (TPAs) interested in customizing the investment choices of their client plans, including adding...
The National Association of Securities Dealers (NASD) has charged two former Prudential Securities Inc. (PSI), brokers in Utah for aiding a hedge fund manager’s deceptive practices to market...
Morningstar Investment Services (MIS) launched a managed account service consisting of individually customized stock portfolios based on its own indexes and independent equity research.
Emerging markets dropped by 0.11% over the month of January, while developed markets gained 1.20%, but developed market returns trailed emerging markets for both the three- and 12-month...
AIG SunAmerica Retirement Markets has announced a partnership with plan administrator PAi, Inc., as part of AIG’s Polaris401 (k) program for small- to medium-sized companies.
Great-West Retirement Services is piloting a system that will allow retirement plan participants to roll their assets into an individual retirement account (IRA) through a partnership with RolloverSystems.
XShares Advisors LLC has announced its agreement with Elliott Wave International, Inc. (EWI) to create exchange traded funds (ETFs) based on technical methods developed or validated by EWI.