News

A federal court has dismissed claims that trustees and directors of Orion Bancorp’s Employee Stock Ownership Plan (ESOP) breached their fiduciary duties under the ERISA by continuing to...

Schwab Advisor Services has launched a campaign called “RIA Stands for You,” a multi-media initiative to help attract affluent investors to the independent RIA category.

The Financial Services Institute (FSI), an advocacy-driven organization for independent financial services firms and independent financial advisers, has redesigned its Web site.

Vanguard has lowered costs on six index funds.

Russell Investments’ latest research for institutional investors explores the possibility of a dynamic asset allocation policy that varies as market volatility changes.

Life insurance coverage is at its lowest point in more than five decades, according to a research project undertaken by Genworth Financial and the University of Virginia.  

Klein Decisions, a provider of Web-based software to assist with 401(k) investment decision-making, has expanded its “K4” suite of tools with a small-business platform.

The number of defined contribution (DC) retirement plans offering a sustainable and responsible investing (SRI) choice could double in the next two to three years, according to Mercer.

A MetLife study shows women who "take charge" of their finances are more likely to have a secure retirement than those who shy away from the process.

Albridge Solutions, an affiliate of Pershing LLC, a BNY Mellon company, has published a white paper highlighting the common misconceptions associated with the Global Investment Performance Standards (GIPS)....

Mutual of Omaha has expanded its 401(k) product distribution team in the Northeast with two new retirement plan wholesalers, Ken Cappelli and Tom Mirra.

A guide from the Principal Financial Group provides an in-depth look at how advisers can help plan sponsors develop a retirement plan with the least amount of risk....

New York Life Retirement Plan Services is rolling out a new service model that organizes service teams into core industry practices.

Janus Capital Group Inc. has appointed Susan Oh as senior vice president of the firm’s U.S. Institutional Group, effective October 3, 2011.

Russell Investments has appointed Mark Raskopf as Head of Tactical Trading Strategies on the hedge fund solutions team.

Fewer than 3% of participants in Vanguard-administered defined contribution plans made one or more portfolio trades or exchanges in August, despite a volatile market.

George Fraser, head of The Fraser Group at Morgan Stanley Smith Barney, and Fraser Group advisers, Frederic Amberg and Troy Haugen, are joining LPL’s Retirement Benefits Group (RBG). ...

J.P. Morgan Asset Management announced that Anthony Gould will join the New York/London/Asia Global Fixed Income team as a Senior Client Portfolio Manager.

PIMCO has launched the PIMCO Inflation Response Multi-Asset Fund for investors looking to hedge global inflation risks. 

Outsourced technology integration can boost productivity and efficiency for RIAs by up to 30%, according to NFP Advisor Services Group.