News

BCG Securities, Inc., a full-service broker/dealer and advisory firm, announced Joseph Englert is its new Director of Operations. 

The retirement services division of American United Life Insurance Company (AUL), a OneAmerica company, has hired Brandon Kaboski to be its new vice president of national accounts.

The Centers for Disease Control (CDC) released its State Indicator Report on Physical Activity, 2010, and found that Tennessee has the lowest percentage of physically active adults in...

About one-third of participants using Putnam Investments’ Lifetime Income Analysis Tool have made changes to their deferral rates. 

Pentegra Retirement Services announced that Ken Jackson and Greg Hagan are new Regional Marketing Directors.

A federal judge in California has certified as a class plaintiffs suing Northrop Grumman Corporation in an excessive 401(k) plan fee case.

J.P. Morgan Asset Management announced that David Musto will become the Chief Executive Officer of J.P. Morgan Retirement Plan Services (RPS).

The Department of Labor’s Employee Benefits Security Administration (EBSA) is co-sponsoring a Webcast on April 12 to help women with retirement planning issues.

The Department of Labor’s Employee Benefits Security Administration (EBSA) is offering an “Understanding Your Responsibilities Under ERISA” workshop.

MFS Investment Management has launched MFS Global Multi-Asset Fund and MFS Absolute Return Fund.

The MetLife Mature Market Institute, in conjunction with WISER (Women’s Institute for a Secure Retirement), designed a retirement planning guide specifically for women.

Financial regulatory agencies are requesting public comment on a proposed rule that would ensure regulated financial institutions design incentive compensation arrangements to take account of risk. 

Advisers who offer lower fees to attract clients are finding it difficult to raise the fees to acceptable levels, contends a report from PriceMetrix.

BNY Mellon Asset Management has named Jack Malvey to the newly created position of chief global market strategist.

AXA Equitable Life Insurance Company is launching the Retirement Gateway, a group variable annuity to fund retirement plans for the small- to mid-size market.

Fiduciary Benchmarks will provide benchmarking services to M Financial Group's 130 Member Firms and their 800 producers. 

Eight in ten advisers at broker/dealers and insurance companies say the idea of being an independent registered investment adviser (RIA) is appealing, according to a Schwab survey. 

ProShares unveiled what it says is the first exchange-traded fund (ETF) in the United States that provides inverse exposure to the investment grade corporate bond market.

TIAA-CREF is expanding its endowment management business with the launch of Covariance Capital Management.

A Franklin Templeton poll found half of respondents are planning to invest outside their home country this year, with 62% planning to do so over the next decade.