News

UBS trader Kweku Adoboli appeared in a London court on Friday to face charges of fraud and false accounting, according to the Wall Street Journal. 

Hank Kim, Esq., Executive Director and Counsel for the National Conference on Public Employee Retirement Systems (NCPERS), has unveiled a proposal for a new type of retirement plan.

Morgan Stanley Smith Barney is offering a new service to help corporate clients track retirement eligibility dates and collect employment taxes from employees who receive restricted stock units...

In spite of market volatility, Financial Research Corporation (FRC) expects demand for sub-advised mutual funds to rise and assets to reach $2.2 trillion by 2016, according to industry...

Morningstar Investment Services, Inc. (MIS) introduced a suite of new strategies to Morningstar Managed Portfolios, including active/passive, momentum ETF, and global tactical ETF portfolios.

The percentage of advisers who think the economy is headed for a “double-dip” recession in the next six months—although still more than half—has decreased from one year ago....

FINRA and industry groups are weighing in this week on Rep. Bachus’ (R-Alabama) draft proposal for a new self-regulatory organization (SRO) to oversee financial advisers.  

Witnesses before the Senate Finance Committee offered arguments against changing tax advantages for workers’ retirement plan savings.

New York Life Retirement Plan Services has promoted Patrick Murphy, Rachel Rice, and Lynda Abend.

RidgeWorth Investments launched a Web site dedicated to helping financial advisers learn how to use online tools to grow their business.

More than half (55%) of advisers say the most valuable service they provide to clients in or near retirement is helping the client maintain perspective and think clearly...

The U.S. Department of Labor held a Webcast earlier this week to summarize its final fee disclosure regulations and answer questions on the rules.

U.S. Senator Bernie Sanders (D-Vermont) has introduced legislation designed to keep the social security program sound for another 75 years.

Sentinel Investments appointed three industry veterans to key distribution roles: David R. Cohen, Chris Grant, and Greg Pierce.

MetLife Resources has launched a redesigned Web site to help plan sponsors and participants better plan for retirement. 

U.S. employees’ retirement preparedness remains low despite a positive trend in employees improving their finances and putting greater emphasis on retirement, according to Financial Finesse.

The Callan DC Index eked out a negligible 0.23% return in the second quarter of the year.

A survey of companies with Employee Stock Ownership Plans (ESOPs) found that they continue to have increased share value, better productivity, and overwhelming support among company executives.

If Mom told you to study computers, a new report indicates she was right.

At the PLANADVISER National Conference in Orlando this week, a panel of industry experts discussed where the retirement industry stands and what is likely to be coming in the near...