News

SageView Advisory Group appointed Todd Kobayashi, CFA, as Managing Director, Investment Strategy of its Midwest team. 

Putnam Investments announced that Aaron Cooper and Richard “Shep” Perkins will lead the firm’s global equity research and international equity investments teams. 

Phyllis Borzi, Assistant Secretary of Labor of EBSA, told legislators it is imperative that impartial investment advice be accessible and affordable to retirement plan sponsors and participants.

In a letter sent to the Treasury, ASPPA said it supports the Department's initiatives regarding lifetime income distributions and relief for sponsors of safe harbor 401(k) plans who...

The end of the NFL lockout doesn’t just mean play can resume, it also means pay and benefits can resume.

A recent report suggests that asset managers need to be using digital media to attract registered investment advisers (RIAs).

The need for ongoing holistic service from a third party is leading many plan sponsors to opt for a retirement plan adviser that works on a fee or...

Great-West Retirement Services has appointed J. Chris Luttges as regional 401(k) sales director for northern Virginia and the District of Columbia.

A MetLife study found only 16% of Baby Boomers employed by small businesses said that they are on track to achieve or have already achieved a financially secure...

Vanguard announced that it will expand the availability of its Admiral Shares with six additional domestic and international equity index funds.

Nationwide Funds Group is rolling out the Nationwide Alternatives Allocation Fund (NWAAX), a mutual fund offering seven alternative asset classes.

Former Russell Investments Portfolio Managers Chris Tessin and Dennis Jensen have launched Acuitas Investments, LLC, a Seattle-based boutique investment firm offering multi-manager solutions. 

An analysis by Fidelity Investments found 401(k) participants with a health savings account (HSA) accrued more than twice as much in their 401(k)s as the average participant.

BNY Mellon has launched Workbench Mobile, an iPad app enabling the firm’s institutional clients to authorize instructions and securely access key reports and account information.

ING Investment Management has hired Ken Sarafa as Senior Vice President, Institutional Sales and Relationship Management, with responsibility for the Midwest region.

In my experience, there are three major reasons that people save for retirement.   

The U.S. Court of Appeals for the District of Columbia Circuit has rejected a new rule from the Securities and Exchange Commission (SEC), Reuters reports.

FCRC Apps, LLC, a software development firm, is releasing version 3.0 of its Web-based application, eFiduciary.net.  

Symetra Life Insurance Company plans to expand its annuities portfolio and develop new registered products, hiring Kevin Knull to head up these endeavors.  

The First Command Financial Behaviors Index report illustrates that the continuing economic turmoil is becoming a way of life for middle-class consumers.