News

Much to my surprise, my son went to prom this weekend. 

With the added support of the U.S. Supreme Court decision in CIGNA Corp. v. Amara, Secretary of Labor Hilda L. Solis again filed an amicus curiae brief with...

Insurance company assets managed by third-party U.S. investment firms rose to a record $1.75 trillion at the end of 2010.

Fiserv, Inc. will be integrating Morningstar analytics and data into its front-office Financial Advice Solutions, providing advisers retirement income modeling, and financial planning.

Wells Fargo found significant differences between how today’s retired Americans are funding their retirements and how those yet to retire expect to do so.

A new report finds that a shift toward equity funds benefited all wrap platform types in the first quarter, but that discretionary “rep-as-portfolio manager” programs enjoyed the fastest...

FiduciaCare, an online solution for defined contribution plan sponsors and their advisers, is being offered on the Mid-Atlantic Trust Company platform.

The American Society of Pension Professionals & Actuaries (ASPPA) has requested that the Internal Revenue Service revise the due date for filing the Form 8955-SSA for 2009 and...

IndexIQ has launched the IQ Japan Mid-Cap exchange-traded fund (ETF), which is dedicated to providing access to Japan’s mid-cap stock sector. 

Guggenheim Funds Distributors is bringing to market two actively managed exchange-traded funds (ETFs), which seek to offer access to the fixed income marketplace.

Stock and bond funds experienced net inflows of $44.7 billion in April, according the Financial Research Corporation.

Global X Funds has released the Global X Farming exchange-traded fund (ETF), with the ticker: Barn. 

Many U.S. communities have been unable to make significant progress in preparing to meet the needs of their aging populations, which some say is a result of the...

Prudential Financial hired Kathryn Sayko to be managing director for its Strategic Solutions Group.

Pioneer Investments is partnering with Fiduciary Benchmarks, Inc. (FBi), a consulting firm specializing in providing plan fiduciaries with information on the reasonableness of fund fees.

U.S. Retirement Partners (USRP) has acquired USD Insurance and Financial Services, Inc. (USD), a 403(b) provider serving the K-12 education market. 

The Better Life Initiative was launched this week, which aims to measure aspects of success in a society besides its gross domestic product.   

J.P. Morgan Retirement Plan Services (RPS) has launched an online social media forum for plan sponsor clients, called Voice of the Community. 

SageView Advisory Group has opened an office in Houston, Texas, to be headed by Eric Grimes.

Bo Lee and Matt Maier have joined SageView Advisory Group to expand the firm’s services into the executive benefits arena.