News

An enhanced version of BrokerCheck by the Financial Industry Regulatory Authority (FINRA) gives investors quicker access to investment professionals’ reportable events.

A new global report suggests young workers lack the resources to start saving effectively for retirement, despite enthusiasm over employer-sponsored retirement plans.

Fidelity Investments has expanded its line-up of short duration bond mutual funds for investors and financial advisers.

Participation in employer-sponsored retirement plans has been generally stable since 2011.

More U.S. companies are formalizing plans to de-risk their defined benefit (DB) plans.

Zachary Karabell has joined Envestnet Inc. as head of global strategy, where he is tasked with helping advisers navigate the global economy’s impact.

Pershing LLC, a BNY Mellon company, announced plans to launch a research-based mutual fund listing that can help advisers balance portfolios across 40 investment categories.

The new fund seeks long-term capital growth by investing in foreign and U.S. companies within the industrials sector.

Edward Jones created FORCES last year to provide training and a compensation package to smooth the transition to a financial services career for veterans.

A new poll reveals employers who sponsor equity compensation plans have an important part to play in educating employees.

Regulatory changes and expectations of increased competition are redefining registered investment adviser (RIA) practices around the U.S.

USI Consulting Group launched a newly designed website (www.usicg.com).

The key to satisfaction with a formalized financial plan may simply be to write one, a new Spectrem Group research report shows.

Traditionally, plan sponsors and advisers have focused on fiduciary responsibilities related to the selection and monitoring of investments.

Bank of America is moving its $19 billion defined contribution (DC) plan, currently with Fidelity, to the Merrill Lynch platform.

FlexShares has launched its Global Quality Real Estate Index Fund.

Alternative exchange-traded fund (ETF) provider ProShares Advisors LLC launched a new investment-grade bond ETF, designed with a built-in hedge against rising interest rates.

Participants and beneficiaries of the MassMutual Thrift Plan have filed a lawsuit in federal court against MassMutual.

Raymond James announced Jim Bunn will become co-head of the firm’s investment banking practice starting January 1, 2014.

A strategy that is more than 50 years old, smart beta is receiving new attention as investors seek alternatives to passive, index-based asset management.