News

linkedFA, a social networking site for financial professionals, has aligned with Businesswire, a news distributor, to give linkedFA members direct access to news releases from Fortune 1,000 companies...

S&P Indices has launched the first in a series of indices designed to measure the performance of the Mercado Integrado Latino Americano (MILA) Integrated Market. 

Wells Fargo Funds Management announced the successful merger of eight Wells Fargo Advantage Funds into other funds within the family.  

Bank of America has hired nearly 40 Merrill Edge Financial Solutions Advisors (FSAs) in the Mid-Atlantic region, including Washington, D.C., Baltimore, and Philadelphia.

401kDIRECT and Summit Trust Company are introducing the DIRECT Multiple Employer Plan (MEP), for plan sponsors who want the benefits of a MEP while maintaining control over plan...

Northern Trust has enhanced the client experience for users of its Investment Risk and Analytical Services (IRAS) tools on Passport, its multi-faceted Web portal. 

J.P. Morgan Asset Management (JPMAM) has selected James Gearin as Chief Operating Officer of its Retirement Plan Services (RPS) business.   

Karen Olsen, Jason Timko, and Anna Toy are Ascensus’ newest Regional Vice Presidents for its Florida, New York Metro and Pacific Northwest territories, respectively. 

Taxpayers who unsuccessfully attempted to transfer amounts from their individual retirement accounts (IRAs) to a retirement plan based on incorrect advice from their financial adviser were granted 60...

Nationwide Financial has created a Web site to help advisers stay up-to-date on regulatory and legislative changes, after a survey it conducted found this to be one of...

The North American Securities Administrators Association (NASAA) released its annual list of phony financial products and practices, including several that are taking advantage of lingering economic uncertainty and...

A district court has denied participants’ request for attorneys’ fees in their attempt to sue their employer over the selection of funds in their 401(k) plan.

Becker Capital Management is introducing an institutional share class for its Large Cap Value strategy, the Becker Value Equity Fund.

As part of its strategic focus and growth plans, Transamerica Retirement Services plans to roll out a 3(21) fiduciary service with Mesirow Financial.

It’s been a stressful week—and it’s not over yet.   

A recently published white paper from investment manager Cohen & Steers maintains that dividend oriented companies are "strongly positioned to continue raising pay-outs and deliver solid returns." 

Financial advisers often miss the opportunity to speak to their clients about the important role life insurance products can play in financial planning, according to a recent survey...

Nearly seven in 10 Americans (68%) say they will give more sparingly to charity in the coming months, according to a study conducted by Campbell Rinker on behalf of...

Stock and bond funds experienced net outflows of $14.6 billion in July, according to data from Financial Research Corporation (FRC). 

Small business leaders report a growing confidence in the economic environment, which appears to be contributing positively to hiring and investment decisions for their business in the near...