News

Lincoln Financial Distributors, the wholesale distribution subsidiary of Lincoln Financial Group has gone inside to find a new national sales manager for its 401(k) business. 

We all know that some mornings its harder than others to get to work on time. 

 On June 29 Invesco PowerShares Capital Management, LLC and Deutsche Bank launched two Exchange Traded Notes (ETNs) linked to CBOT Ultra T-Bond futures.

 Neuberger Berman has named William H. Barnes as a senior vice president in institutional distribution focused on public funds.

 Nuveen Investments announced additional efforts in developing its business platform that serves the employer-sponsored retirement market as a defined contribution investment only (DCIO) service provider.

 ReFlow Management Co., LLC has introduced the ReFlow Fund Flow Volatility Index (FLIX Index), designed to help mutual fund managers better understand fluctuating asset flows and their impacts...

UBS Investment Bank announced the new UBS E-TRACS 2x Leveraged Long Alerian MLP Infrastructure Index has begun trading on NYSE Arca under the ticker symbol, MLPL.

EGShares has launched the India Small Cap ETF (NYSE: SCIN).

Federal officials are investigating Franklin, Tennessee-based Sommet Group for allegations of stealing and embezzling money intended for employee benefit plans.

 Investment Risk Management Systems Inc. has released a new Web-based tool that uses risk, return and persistence ratings to identify funds with low risk and high returns.

 A CPA has been disbarred after the government found he failed to exercise due diligence in preparing tax returns for a corporation and its married shareholders. 

UBS Wealth Management Americas has entered into a strategic partnership with Richard Bernstein Advisors.

Anyone who has been paying attention to 401(k) plan litigation these past several years knows that a common trigger—perhaps the most common trigger—for litigation is the presence...

Retirement plan participants can move forward in their stock drop suit against drugmaker Schering-Plough after bringing forth new evidence.

Stull, Stull & Brody has started an investigation relating to the 401(k) defined contribution retirement plans of Anadarko Petroleum Corporation.

Allianz Life Insurance Company of North America has named Jeannee Hoppe as the new senior director of Market Management and Product Innovation.

Recent research reveals that while life satisfaction usually rises with income, day-to-day happiness comes from other things.

Lawyers representing U.S. Department of Labor Secretary Hilda L. Solis have argued that the holding of company stock in a defined contribution plan is not entitled to a presumption of prudence.

Relying on U.S. Supreme Court precedents, a federal appellate court has affirmed the award of benefits and attorneys’ fees to a long-term disability plan participant.

Another law firm has launched an investigation into possible violations of the Employee Retirement Income Security Act by BP PLC and fiduciaries of the its Employee Savings Plan.