News

Principal Global Investors has hired Paul Kim to launch and lead the firm’s ETF business.

An updated Allianz LoveFamilyMoney Study finds women are discussing money more openly than in the past, but they still have unequal influence on family finances compared with men.

Investors say central clearing has reduced systemic risk in the derivatives market, and there is an increasing interest in futures.

More than half of Millennials (63%) started saving for retirement before age 25, but less than one-third are saving enough, according to a survey.

Updated training and networking capabilities offered through Social Security Timing, the Social Security software, help advisers sharpen their expertise in creating retirement income strategies for clients.

Participants in defined contribution plans did little to rebalance their portfolios in February.

Charles Schwab launched an automated investment advisory service, Schwab Intelligent Portfolios, aimed at simplifying client portfolio maintenance.

Assuming all retirement portfolios will be spent down by the time of the owner’s death leaves some investors with less-than-optimal advice, one investment expert warns.

Sibson Consulting has created a DC Plan Scorecard that provides a framework for reviewing all aspects of defined contribution (DC) plans.

The Department of Labor’s Employee Benefits Security Administration is holding a Voluntary Fiduciary Correction Program webinar in March.

A recent Legg Mason survey finds affluent U.S. investors predict their average net retirement expenses could top $2.5 million without significant lifestyle changes.

Seven in 10 U.S. investors with more than $100,000 in accumulated assets said they are not confident or are unsure they will have enough saved to fund a...

A bipartisan group of U.S. House members penned an open letter to the Department of Labor that demands more detail be shared about the ongoing fiduciary redefinition effort.

Scott Kaplan has been named head of the pension risk transfer business team at Prudential Retirement, effective immediately.

An expanded advisory practice management program from OneAmerica offers strategies in areas such as sales and marketing, branding, human resources (HR), client services and operations.

The drop in oil prices is a budget boon and could be responsible for the 21-point rise in Wells Fargo’s Investor and Retirement Optimism Index.

A study finds about half of parents are willing to delay retirement or dip into retirement savings to pay for children’s education.

Emerging affluent investors are projected to attain, and potentially exceed, millionaire status, presenting opportunity for advisers.

Legislation has been introduced that would increase the cap on deferrals and matching contributions for safe harbor plans.

Group pension buy-out sales saw a 120% increase, reaching $8.5 billion in 2014, compared to the $3.8 billion total in 2013.