News

Principal’s frozen real estate fund has made another payment.

According to the 2010 EBRI Retirement Readiness Rating (RRI), more than one-in-four Americans in the lowest income quartile could run out of funds after just ten years. 

First Mercantile has appointed Travis Cox the regional sales director in the Southwest. 

New York state Comptroller Thomas DiNapoli has filed separate suits against Bank of America (BofA) and its Merrill Lynch unit for losses connected with BofA’s purchase of Merrill...

Securian Trust Company, N.A. announced that Sarah Monke was appointed president. 

Managed Portfolio Advisors (MPA), a division of Nataxis, has recently teamed up with Litman/Gregory to offer managed exchange-traded fund portfolios in Schwab’s Access program.

J.P. Morgan Retirement Plan Services announced the appointment of Tim Wittenbrook as vice president and national sales manager. 

U.S. workers saw the value of their employer-sponsored retirement benefits - as measured by percentage of pay - decline by double-digit levels over a 10-year period ending in...

Financial advisers spend over 23 hours per week online at industry, social, and asset manager sites, according to a recent study by kasina.

Did you hear the one about the broker who threw his laptop into a pond? 

Retirement Plan Advisory Group, (RPAG), an independent alliance of retirement plan advisors, says that the AUL Retirement Services division of OneAmerica will use RPAG’s Scorecard...

As if there wasn’t enough uncertainty swirling around the financial services industry at present, the Securities and Exchange Commission (SEC) wants to make changes to...

TD AMERITRADE Institutional said that, so far in 2010, 212 breakaway brokers have chosen the company for back office support.

The Securities and Exchange Commission (SEC) has proposed measures aimed at improving the regulation of mutual fund distribution fees and providing better disclosure for investors.

Cash balance plan provider Kravitz announced it has opened a New York office to develop its business in the Northeast and serve existing customers. 

As global equity markets stumbled during the second quarter, so did returns for target maturity funds, according to Ibbotson Associates.