News

ING hired Dwayne S. McGraw to serve as Head of Valuation for the U.S. Retirement Services division, effective as of April 11.

Dow Jones Indexes announced the addition of four new indexes to its family of Dow Jones RBP Indexes.

S&P Indices is launching two indexes designed to provide market participants with unique measuring tools for specific stock characteristics within the S&P 500.

Strategic Insight, an Asset International company, has released a report analyzing how exchange-traded funds (ETFs) are being adopted by advisers.  

The Securities and Exchange Commission is looking for input on the effectiveness of existing investor education efforts.

A federal judge threw out a lawsuit by two of Bernard Madoff's former clients, which accused the Securities and Exchange Commission (SEC) of negligence for failing to uncover...

Still River Retirement Planning Software and RetirementWORKS developed a retirement consulting unit, along with four white papers, to present its new strategies for serving the retirement marketplace. 

Wirehouses are changing the way they work with investors, advisers, and asset managers in an effort to win back some of the market share they’ve lost to regional...

The Principal Financial Group launched a financial education campaign designed to “help people put their financial pictures into clear focus and help make their dreams reality.”

BlackRock announced that Jack Chandler will join the company as Global Head of Real Estate.

Only 12% of wealthy Baby Boomers said it is highly likely that their children will attain the same or higher level of wealth as they have, reported a...

Total plan costs for running a 401(k) can vary widely, but for most employers the range between high and low total plan costs is moderate, according to the...

eSecLending, a global securities lending agent, announced that Paul Lynch has joined the firm as Chief Operating Officer, effective April 25.

Turner Investments appointed Carolyn Patton as global head of client relationships.

CIO Emeritus, S. Kenneth Leech, will no longer serve as portfolio manager for non-global portfolios.

Principal Global Investors has agreed to acquire a majority stake in Finisterre Capital LLP and Finisterre Holdings Limited, an emerging markets investor based in London.

Mesirow Financial announced that Susan J. Schmidt has been promoted to managing director and head of its U.S. Value Equity Management group.

The Internal Revenue Service (IRS) has compiled its annual list of “dirty dozen” tax scams, including “abusive” retirement plans.

Smart401k announced a partnership with vWise, Inc. to bring an education and advice component to employer-sponsored retirement plans.

The CollegeChoice CD 529 Savings Plan (CollegeChoice CD), first announced in January, is now available to college savers in Indiana.