News

The average exchange-traded fund (ETF) allocation in advisers’ client portfolios is expected to rise to 7.8% in 2013, according to Cerulli Associates.  

Overall, target-maturity funds had a good first quarter in terms of performance and asset inflows, according to Morningstar’s Ibbotson Associates.

The median return of the BNY Mellon U.S. Master Trust Universe was 4.53% for the first quarter, marking the third consecutive quarter of positive returns.

Farnoosh Torabi has expanded her relationship with Massachusetts Mutual Life Insurance Company (MassMutual) to help bring financial education to young adults.

Study after study has demonstrated Baby Boomers’ lack of preparedness and confidence in their retirement savings, and Ameriprise Financial Inc. has attempted to uncover the causes.  

Michael Fennessy, John Jennings and Jonathon Matson were named regional vice presidents of retirement plan sales at The Guardian Insurance & Annuity Company Inc.

Stock and bond funds maintained a strong pace of net inflows during April, netting nearly $50 billion (including exchange-traded funds or ETFs), according to Strategic Insight, an Asset...

Lack of retirement readiness is an emerging global crisis confronting governments, employers and individuals, a new study indicates.

Plan Sponsor Advisors (PSA) has released a diagnostic tool which helps determine the best target-date strategies for retirement plans based on behaviors and demographics.

Shelia Reed joined ASPire Financial Services LLC as senior vice president and chief marketing officer.

A wider array of investment options, an adviser-focused micro site and new branding are among the improvements to OppenheimerFunds’ Scholar’s Edge 529 Plan.

The Vanguard Group launched a campaign that uses coffee to help people better understand the role costs play in long-term investing.

The financial services industry has to do a better job of helping people meet retirement goals, said Laurence Fink, chairman and chief executive of BlackRock.

Institutions are seeking more consistent returns across economic environments, according to new research from Cerulli Associates.

Young investors are taking the lessons learned during the economic downturn to heart, with those in Generation Y saving aggressively for retirement.

More retirement plan sponsors use social media for communications than one might think.

 How people deal with their student debt could derail their efforts to save for retirement. 

 The New York State Department of Taxation and Finance decided a lump-sum payment from the non-qualified retirement plans of a bankrupt plan sponsor was not subject to state...

Retirement plan industry training from a partnership of firms and industry organizations is intended to help advisers maintain and grow their retirement plan practice. 

Richard K. Ciccione was hired as a consultant by LCG Associates Inc., an investment consulting firm headquartered in Atlanta.