News

Wells Fargo Funds Management announced that the Wells Fargo Advantage Dow Jones Target 2055 Fund (Target 2055 Fund) is now available to investors.

Ascensus announced that plan design tools are now available for financial advisers.

MassMutual Retirement Services has hired Brian Curtin, Tapas Ghosh, and Richard Wright to join the firm’s Retirement Services sales and client management team. 

Cohen Milstein Sellers & Toll are launching its Fiduciary and Ethics Consulting Practice, with Suzanne M. Dugan and Luke Bierman as its first hires.

Russell Investments has promoted John Harrell and Paul Izzo to serve in the newly created positions of National Account Executive in the U.S. bank channel for its adviser-sold...

Manulife Asset Management announced that Nils C. Hegstad, CFA, will join its global Consultant Relations team as Manager.

Pressure is growing on plan providers as regulators and legislators continue to scrutinize fees and outcomes of defined contribution (DC) plans, according to a recently published study by...

Cerulli's latest report, “Advisor Portfolio Construction Dynamics,” reveals that as advisers are building investment portfolios for their clients, they are using fewer asset managers in their practices.

With 12% of retirement plan assets in target-date funds and 40% of new assets going into target-date funds (TDFs), panelists at the PLANSPONSOR National Conference said it is...

Securities America Inc. is releasing an application called e*Office Mobile, which allows advisers mobile access to business enterprise systems using smartphone or tablet technology. 

Charles Schwab’s 2011 RIA Benchmarking Study found that meeting and adapting to regulatory changes was an impediment to growth, cited by 21% of firms for the first time...

Financial Benefits Network (FBN) has launched a benefits resource portal that provides employers and employees access to corporate benefit information and personal finance educational materials.

Morgan Stanley Smith Barney (MSSB) has expanded its Global Stock Plan Software suite with OptionEase, a stock plan administration tool for its partnered solutions offering.

Stock markets in Asia are getting much less liquidity from mutual fund allocations compared to last year, according to global research firm Strategic Insight, an Asset International company.

Protective Life Corporation announced that Elaine L. Chao, former U.S. Secretary of Labor, has been elected to the Birmingham, Alabama, insurer’s Board of Directors. 

Castle Rock Innovations (CRI) and Millennium Investment and Retirement Advisors (MIRA) will collaborate to provide turnkey 408(b)(2) fiduciary analytics and consulting services.

MetWest Ventures LLC announced it has acquired a majority interest in Reed Conner & Birdwell, LLC (RCB).

Different approaches taken by European and U.S. regulators have created an "unlevel playing field" in financial services recruiting, according to research from Mercer. 

Khan Investment Management has announced the August launch of the Khan Mongolia Equity Fund.

The non-qualified deferred compensation plan marketplace has changed from what it was years ago.