News

Invesco PowerShares, a provider of exchange-traded funds (ETFs), will change the names and underlying indexes of 10 ETFs.

Many people think Santa should work for free and, if he calls in sick, the best replacement is movie star Tim Allen.

Christine Johnson joined AllianceBernstein as a senior vice president and head of alternatives product management, a new position for the firm.

Witnesses during a U.S. Senate committee hearing argued that defined contribution (DC) plan design is key to solving the retirement crisis in America.

It is possible to estimate the amounts necessary to make the value of defined benefit (DB) plans equal to income paid by defined contribution (DC) arrangements.

Fidelity Investments launched the Fidelity Advisor Event Driven Opportunities Fund for financial advisers and defined contribution plan sponsors as an investment-only option.

Total U.S. retirement assets reached $21.7 trillion at the end of September, up 3.9% from the $20.9 trillion measured at the end of the June.

Many employees do not consider financial planning a top priority for 2014, according to a new survey.

Bill Glavin, CEO of OppenheimerFunds, will be replaced by Arthur Steinmetz, the investment firm’s current chief investment officer (CIO), on July 1, 2014.

The Internal Revenue Service (IRS) has temporarily addressed the problem of discrimination defined benefit (DB) plan sponsors may have due to closed plans.

The global economy is improving, inflation will stay moderate and equities will outshine bonds in 2014, say Merrill Lynch and U.S. Trust.

Defined contribution plan participants saw average daily transfer activity decline in November compared with October, according to the Aon Hewitt 401(k) Index.

The California Public Employees’ Retirement System (CalPERS) earned a “AAA” grade from the Asset Owners Disclosure Project (AODP).

The Principal Financial Group is offering services with eSignature capabilities to better streamline the transfer from one retirement plan provider to another.

Defined contribution (DC) plans have already taken some lessons from defined benefit (DB) plans.

Kelley Snook Jr. and Paul Housey have joined the broker/dealer and registered investment adviser (RIA) platforms of LPL Financial LLC.

A new report urges U.S. retirement plan regulators to examine and emulate other countries’ efforts to improve employee spend-down options for post-retirement years.

When compared with their spouses, married men are 58% more likely to be a couple’s primary contact with a financial adviser.

Retirement plan provider Securian Retirement announced the launch of a new open-architecture product offering.

The U.S. Supreme Court has agreed to hear a case raising fiduciary issues and questions about what constitutes prudent investment decisionmaking within employee stock ownership plans (ESOP).