News

Updates to the Department of Labor’s (DOL) fiduciary definition could hinder financial advisers’ efforts to target retirement plan clients for individual retirement account (IRA) rollovers.

John Hancock Investments has hired three new managing directors for its Institutional team.

The two-week government shutdown in October delayed the U.S. Department of Labor’s (DOL) work on the fiduciary redefinition, according to Assistant Secretary of Labor Phyllis Borzi.

U.S. workers hold almost half of their investable assets in low- or no-return cash strategies, potentially jeopardizing retirement readiness in an effort to avoid risk.

Lord, Abbett & Co. LLC, an investment management firm, has named five new partners.

Improved corporate efficiency and earnings margins helped drive markets to record highs in 2013, but a number of trends could shift equity...

Health benefits costs will continue to increase despite the Patient Protection and Affordable Care Act (PPACA), and in some cases, because of it, according to Sheldon H. Smith,...

About 3,500 wealth management firms that custody at Fidelity will gain access to alternative investment funds, including hedge funds and private equity funds, through a strategic alliance with...

BNY Mellon has added the Liquidity Aggregator to its risk and collateral management-related services.

Automatic plan features, including do-it-for-me investments, have helped defined contribution (DC) plan sponsors.

Retirement investing is at the top of the financial to-do list for affluent Americans, according to Bank of America’s latest Merrill Edge Report.

Aon Hewitt has launched DC Nexus, a web-based solution for defined contribution (DC) recordkeeping clients and their advisers.

As rising debt levels push aside retirement savings, access to financial education and advice may be part of the solution.

Merging the goals of personal and professional finances can improve a business owner’s chances of preparing adequately for retirement, a new report shows.

In support of National Save for Retirement Week,  ADP offers tips to help small and midsized business owners engage Generations X (employees  between ages 30 and 50) and...

ING Financial Partners (IFP), a registered broker/dealer and one of ING U.S.’s component companies, named Thomas Halloran as the firm’s president, effective November 18.

Inflows to equity strategies remained strongly positive in September, clocking in at $40 billion for equity mutual funds and ETFs.

The complexity of alternative investments prevents many financial advisers from advocating their addition to client portfolios, despite the diversity and volatility advantages alternatives can confer.

The effective retirement age for Social Security is now 70, according to a new research brief from the Center for Retirement Research at Boston College.

Northern Trust has launched a new iPad application (app) designed to provide executive-level users with performance, exposure and risk information they need.