News

Mellon Capital Management Corporation named G. Kent Fleming as director of institutional sales for the northeastern United States.

ShareBuilder 401k is expanding its All-ETF 401(k) platform with the addition of five funds. 

Investment managers currently view the markets as a “risk-on” opportunity, a survey found.

With the number of retirement plan audits expected to rise, plan advisers should be proactive in helping plan sponsors avoid hefty fines.

How communications are framed is known to influence how readers respond to them.

Pete Swisher joined Pentegra Retirement Services as senior vice president of national sales.

Inflation affects different types of investors in different ways. 

More Gen Xers reported they started saving for retirement between the ages of 25 and 34.  

MassMutual’s Retirement Services Division rebuilt its intermediary website, www.massmutual.com/edge.

Invest n Retire LLC (INR) appointed Agustin J. (Gus) Fleites as chief executive officer.

Only 22% of Americans say they are saving for retirement by contributing to an individual retirement account (IRA), according to a survey released by TIAA-CREF.

National Planning Holdings Inc. (NPH) named Frank Hayn vice president of retirement plans.

Yorkville ETF Advisors, LLC, an asset management firm and a subsidiary of Yorkville ETF Holdings, LLC, launched Yorkville High Income master limited partnerships (MLPs) ETF.

Competition for asset managers is fierce in the registered investment adviser (RIA) channel. 

Bank of America introduced a 401(k) solution from Merrill Edge designed for small businesses.

Wilshire Associates Incorporated appointed John C. Hindman president of the firm. 

Standard Retirement Services, Inc. launched two enhanced retirement plan websites. 

Assets in target-date funds (TDFs) grew to $380 billion by year-end 2011 and are targeted to reach $1.1 trillion in 2016.  

J.P. Morgan Chase paid $384 million to American Century Investment Management after losing an arbitration over accusations of breaches related to the bank’s purchase of American Century.

Beginning in April, a select group of Merrill Lynch financial advisers will offer defined contribution (DC) investment consulting services to manage fiduciary risk.