News

Mary Jo White, a former federal prosecutor, was nominated by President Obama to head the Securities and Exchange Commission (SEC).

Charles Napp, Jr. has been appointed director of the client services group at Portfolio Evaluations Inc. (PEI) in Warren, New Jersey.

Daily transfer volume was above average among defined contribution (DC) plan participants in December, according to the Aon Hewitt 401(k) Index.

Most travelers have a favorite hotel brand, work alone in their hotel rooms and decry the lack of overhead compartment space on airplanes.

Nearly two-thirds of retirement plan participants use a financial adviser to assist them in managing their plan investments, a survey found.

Bill Whittington was appointed regional sales director for the North Carolina market of Great-West Retirement Services.

The Interactive Analytics Report (IAR) has been added to BNY Mellon’s Workbench Web platform. 

Charles Schwab Investment Management Inc. has added to its line of target-date funds (TDFs) with 2045, 2050 and 2055 retail offerings.

Ben Jones was appointed manager, defined contribution investment-only (DCIO) by BMO Retirement Services at BMO Global Asset Management.

A majority of retirement plan participants who responded to a recent survey said they learned about finances from their parents.

Gold Bullion International (GBI) launched a physical precious metals platform for registered investment advisers (RIAs).

Bank of America has won a lawsuit alleging it violated the Employee Retirement Income Security Act (ERISA) by investing retirement plan assets in bank-affiliated funds.

The Internal Revenue Service (IRS) scheduled two phone forums to discuss recent changes made to the Employee Plans Compliance Resolution System (EPCRS).

Six portfolios from Curian Capital LLC give access to the expertise of research firms, analytical tools and user-friendly technology.

 Brett Meili was hired as legal counsel to support U.S. Bancorp Fund Services’ alternative investment products and services division.   

Companies should address retirement plan communication preferences of the “digital” generations.

The only asset class that has experienced a material drop in asset management fees is alternatives, Mercer said in a report.

A product education platform from CANNEX provides annuity and retirement income educational tools for advisers to use with clients in planning retirement income.

In 2012, mutual fund managers small and large saw substantial net inflows to their bond and stock funds.

Since the financial crisis, high-net-worth (HNW) investors have been averaging nearly four investment provider relationships, Cerulli research found.