News

The Russell Multi-Strategy Alternative Fund and the Russell U.S. Strategic Equity Fund were introduced by Russell Investments. 

 The Value Line Asset Allocation Fund (VLAAX) has been added to the Schwab Mutual Fund OneSource Select List.   

Christopher Stout was added as a Southeast sales director for MassMutual Retirement Services.

Nationwide Chief Executive Steve Rasmussen announced that the leaders for the company’s retirement plans business and its property and casualty direct channel will switch roles.

Eunice Cabrera was promoted, while John Andresen and Michael Gopen were hired in the firm’s retirement services division.

Wells Fargo Retirement announced enhancements to its service that measures the effectiveness of employer-sponsored retirement plans.

David Cohen, Andrew Olig and Ken Terranova have been added to Symetra Financial Corp.’s registered investments sales team.

Custodia Financial launched Protect My 401(k) Loan, a campaign to raise awareness of 401(k) involuntary loan defaults, and introduce a solution.

Some defined contribution participants rely on simple math when deciding how to allocate their plan investments, research indicates.

 The average contribution to Fidelity Individual Retirement Accounts (IRAs) hit $3,930 in tax year 2011, up nearly 15% from 2007.   

The financial services provider Securian enhanced its Book of Business tool to allow advisers to see their Securian accounts from a number of angles.

Registered investment advisers (RIAs) with more than $500 million in assets under management, on the other hand, invest more...

Fiduciary Benchmarks (FBi) will provide 408(b)(2) summary disclosure documents and independent third-party benchmarking to ExpertPlan’s 16,000-plus clients.

Plan sponsors are preparing for the first participant fee disclosures to be issued by August 30.

Determining cash flow and examining fixed expenses are crucial in achieving retirement readiness, according to financial advisory firm’s “90/70/30” Rule.”

Long-term mutual fund flows were $24.6 billion in July, following just $10.8 billion in June.

U.S. corporate multiemployer pension plan (MEPP) obligations represent a drain on cash flow, particularly for the U.S. supermarket sector, according to a Fitch Ratings report.

Employers continue to spend too little time and fewer resources for helping employees understand their employee benefits, a survey from Unum shows.

Sentinel Benefits & Financial Group (SBFG) released a mobile application that enables employees to verify their retirement plan and reimbursement account balances.

Enhancements to TD Ameritrade Institutional’s rebalancing software allow advisers to submit trades from iRebal directly to Veo, saving time and reducing risk.