News

Manning & Napier introduced a suite of ten actively managed target-date funds (TDFs) that will invest in a variety...

BNY Mellon has created a unit to help clients manage collateral.

Defined contribution (DC) plan participants transferred monies from equities into fixed-income investments as the stock markets dropped substantially during...

T. Rowe Price released a mobile application to allow investors to manage their accounts and view fund information.

A team of advisers from Morgan Stanley Smith Barney (MSSB) left the brokerage to open their own firm with Raymond James Financial Inc.’s independent broker/dealer in Ohio.

The looming fiscal cliff has investors scurrying for safe harbor, Prudential’s investment strategists said at their Midyear Global Markets and Economic Outlook.

Achaean Financial announced a strategic partnership with Envestnet, which will allow the integration of Achaean's software into Envestnet’s wealth management platform.

One-third of all 401(k) plan participants in plans recordkept by Vanguard invested their entire account balance in a professionally managed asset allocation and investment option in 2011.

Putnam Investments filled three senior positions in defined contribution (DC) sales and client relations.

 Beware of the money trolls, creatures that portray setbacks to saving for retirement in a new Facebook game. 

Russell Investments released its newly reconstituted Global Indexes following its annual index reconstitution late last week, benchmarking about $3.9 trillion in assets.   

Because of the economy and recent employment-related legislation, many employers have shifted to benefits that place primary responsibility and control on employees, a survey found.

National Planning Corporation Inc. (NPC) named Randy Miller first vice president and director of practice management.

Safeguard Financial introduced a managed real estate investment program for self-directed individual retirement accounts (IRA) and 401(k) plans.

fi360 appointed Byron Bowman to general counsel.

Sentinel Investments expanded the roles of two sales team members and hired a wholesaler.

The Department of Labor’s (DOL) participant fee disclosure requirements go into effect August 30, and the majority of plan sponsors surveyed are ready.

Florida broker saw lunar effects on the stock market, but managed to miss the Securities and Exchange Commission (SEC) fraud charges coming his way.

The Newport Group hired Eric Kleindienst as a senior client relationship manager. 

Vanguard’s managing director and chief investment officer is retiring.