News

The SEC is better suited to oversee independent advisers, the National Association of Personal Financial Advisors argues.

 Mutual of Omaha Retirement Plans Division named two regional sales managers in key markets.   

The Commodity Futures Trading Commission (CFTC) voted to finalize definitions and exemptions as part of the new regulatory regime for over-the-counter (OTC) derivatives.

Exchange-traded fund (ETF) assets increased $43.2 billion, or 3.8%, in June, according to State Street Global Advisors’ (SSgA) ETF Snapshot report.

Retirement plan sponsors say automatic features are increasing employees’ retirement readiness, according to a study from Lincoln Financial Group and Retirement Made Simpler.

Employees who have one-on-one sessions with retirement professionals more likely participate in retirement plans and save more than those who do not.

A support tool and program suite for advisers from Schwab Retirement Business Service combines investment management tools, and fiduciary and plan design training.

Data from the 2010 Survey of Consumer Finances (SCF) suggests retirement savings progress has slowed and even reversed in the wake of the financial crisis.

 Pentegra Retirement Services introduced an online education tool for plan sponsors and participants.   

Other popular asset classes advisers are considering include non-U.S. fixed income, alternatives, real assets and commodities, Cogent Research found.

Tactical Allocation Group LLC (TAG) appointed Paul C. Wharf regional managing director and continued its expansion with a new...

Plunging discount rates drove up pension liabilities in June, swamping asset improvement and capping a bad second quarter. 

An employee-owned asset management firm, Davidson Investment Advisors, launched the Davidson Small/Mid Equity Fund.

Uzurp.com opened its financial adviser and registered investment adviser (RIA) databases to the public, for the same annual subscription rate as businesses of $999 a year.

Assets are slated to expand from $2.3 trillion at the end of 2011 to $3.5 trillion, Strategic Insight projects.

Diversified has released a white paper about improving retirement plan enrollment. 

 John Hancock Life Insurance’s Advanced Markets Group developed two technology tools for funding retirement appropriately, and helping project estate values and taxes.   

  The Securities and Exchange Commission (SEC) took another step toward regulating over-the-counter (OTC) derivatives by approving rules and interpretations for key definitions of certain derivative products.      

Callan Associates hired Yosangel G. Haddad as vice president.  

 Total alternative assets managed on behalf of pension funds by the top 100 managers (ranked by pension fund assets) was $1.2 trillion in 2011.