News

New data suggests that financial advisers focused more on client management than on investment management see much stronger asset growth and retention. 

The new service, known as Insurance Profile, facilitates compliance with the Department of Labor fiduciary rule during the sale and service of annuities.

The company expects the actions will reduce the overall size of its pension obligations by approximately $1.77 billion.

In addition to online support and guidance, the platform will feature various tools help advisers complete tasks and communicate with clients while reducing data-entry, paperwork, and room for...

Bank of America Announces New Head of Merrill Lynch Wealth Management; The Standard Hires VP for Retirement Business; Janus Capital Group Merges with Henderson Group; and more.

Eighty percent of advisers polled said their clients are asking more questions about retirement income planning today than three years ago.

“Conversations with clients revealed they felt brow-beaten by regulations and litigation, and felt they have gotten out of touch with why they have the plan in the first...

The company is keeping other aspects of its response to the rule under wraps for now, including operating and product modifications likely to be required on the institutional...

A growing number of NQDC plan sponsors offer participants the opportunity to make “in-service” distribution elections.

The growing platform will offer podcasts, publications, and other materials designed to help institutional investors generate the best outcomes.

Many Baby Boomers think the average monthly payment from Social Security is $500 more than it actually is, a new survey shows. 

However, Aon Hewitt data shows new contributions continue to favor stocks, with 65.7% of employee contributions investing in equities—a slight increase from 65.6% in August.

The program will combine an online training portal with other features, including one-on-one coaching and peer learning opportunities. 

Enterprise-level adviser technology providers are just fine with winning new business behind the scenes; two industry executives explain why “traditional advisory firms” should embrace them. 

Hartford Funds Launches U.S. Real Estate ETF; BlackRock Reducing iShares ETF Costs; Zephyrus Partners Adopts RiskFirst PFaroe System; and more.

More than half (55%) of the DC plan advisers surveyed by Ignites Retirement Research either plan to, or are very likely to review the mutual funds used in...

It is no wonder, since Baby Boomers are retiring with an average of only $104,000 in savings.

They also believe their financial future is largely dependent on their physical well-being.

The DOL filed a proposal to dismiss the lawsuit after the contractor made a payment to the plan.

Women are more likely to have earnings gaps in their careers, live longer than men, and face higher lifetime health care costs, making saving for retirement particularly challenging.