News

ADP has launched the ADP ACCESS FlexAccount, a plan-level administration tool designed to give 401(k) plan sponsors greater flexibility in paying plan fees and expenses.

Gold Bullion International (GBI) and The Kingdom Trust Company are collaborating on a physical precious metal alternative investment offering for financial advisers and investors.  

TIAA-CREF's chief investment officer (CIO),  Ed Grzybowski, will be retiring; a search for his successor is under way.

State Street Global Advisors (SSgA) published a white paper outlining tax-management strategies for advisers to implement with clients before the year is out.  

New hires in Texas and Florida have made Bank of America reach its goal of having more than 1,000 Merrill Edge Financial Solutions Advisors (FSAs) nationwide by the...

MassMutual Retirement Services launched RetireSmart TV, a series of online videos covering a range of financial topics, featuring Farnoosh Torabi.

A revised handbook for multiemployer plan trustees and administrators has been released from the The International Foundation of Employee Benefit Plans.

Included in a law giving tax credits to companies that hire unemployed veterans, President Obama has repealed a 3% withholding tax for government contractors.

The IRA Financial Group, creators of the Self Directed IRA LLC program, has expanded its real estate program to include international investments.

Amerivest Investment Management, a subsidiary of TD Ameritrade, has launched Amerivest Supplemental Income Portfolios powered by Morningstar Associates. 

A McKinsey analysis of the asset management industry shows that growth has been more difficult to achieve than profitability, with only one in five asset managers sustaining above-average...

Charles Schwab clients’ financial sentiments declined in the third quarter, hitting the lowest level in two years.  

Principal Funds has launched the Principal Global Multi-Strategy Fund, designed with risk-adverse near-retirees in mind.  

In an analysis of fees in 401(k) and other defined contribution retirement plans, researchers found the level of complexity in servicing a plan did not appear to have...

Garnett Retirement Group, with offices in Tampa, Florida and Greenville, North Carolina, has joined Pensionmark Retirement Group.

CPI Qualified Plan Consultants has added the mutual funds of Russell Investments to its retirement plan platform. 

Russell Investments has introduced a mobile application based on its adviser-facing website.

ASPire Financial Services has hired Eddie Griffin as Regional Director of Sales in the Northeast Region.

FiPath has launched FiPath for Advisors, an online marketing solution to help advisers generate leads.  

Allianz Life Insurance Company of North America named Carsten Quitter as its new chief investment officer.