News

Putnam Investments announced Monday the merge of half a dozen equity funds to remove product redundancies.

Many people in the developed world say they do not understand financial planning and do not know where to turn for help with financial matters, according to a...

Charles Schwab established a new business unit, Institutional Services, to serve the needs of independent investment advisers, corporate benefit plan sponsors, and third-party retirement plan recordkeepers.

FTSE Group has expanded the FTSE Environmental Opportunities Index Series with the addition of nine new indexes, according to an FTSE news release.

John Hancock Financial Network (JHFN) is implementing a business model offering financial professionals a choice of three types of affiliation, based on the level of independence and support...

In another week (or so), PLANSPONSOR will publish its annual Defined Contribution Survey.

In another week (or so), PLANSPONSOR will publish its annual Defined Contribution Survey.

One of the reasons commonly cited behind the sponsorship of deferred compensation programs is to attract and retain valued workers.

Fidelity Investments on Friday told workers that there would be 1,700 fewer of them during the first quarter.

Nuveen Investments announced the creation of Nuveen Alternative Investments, a new unit designed to serve the needs of institutional investors seeking alternative forms of alpha and uncorrelated returns.

The U.S. Department of Labor has sued the board of directors of The Employee Ownership Holding Co. of Stockton, California, and Fife, Washington, for alleged violations of the...

Only one Wachovia executive will remain on the combined Wells/Wachovia senior executive team, according to a news report.

A former communications company employee battling in support of his stock-drop lawsuit suffered his second major legal setback.

Wirehouse advisers seem to like the idea of going independent—but few actually do it.

Research indicates that too many investment choices in a 401(k) plan may lead participants who are inexperienced investors to take on more risk than they would with fewer...