News

Uncertainty over the economy and unemployment increased in June, sparking U.S. mutual fund investors to redeem an estimated $2 billion in cash out of U.S. stock and bond...

The Institutional Retirement Income Council (IRIC) has published an issue brief outlining critical issues and questions that plan sponsors should consider when evaluating and choosing guaranteed lifetime income...

Nationwide Financial has chosen DST Global Solutions’ investment analytics solution, Anova, to strengthen its managed account performance measurement and reporting capabilities.

With the demanding schedules many advisers face, finding time to go to the gym may be low on the priority list. Here’s an alternative…

Long-term mutual fund flows turned negative in June for the first time since December 2010, Morningstar reports.

Morningstar reports that U.S. exchange-traded funds (ETFs) saw inflows of $9.8 billion in June after outflows of $3.1 billion in May.

The Department of Labor’s (DoL) Employee Benefits Security Administration has issued a final rule that extends the applicability date for fee disclosure.

Van Eck Global has released its Market Vectors CEF Municipal Income ETF (XMPT), the first exchange-traded fund (ETF) to specifically focus on closed-end municipal bond funds.

Precidian Funds LLC has launched its first U.S. exchange-traded fund (ETF) based on the Nikkei 225 index of Japanese equities.

Kansas-based retirement service provider, CPI Qualified Plan Consultants, Inc., is releasing a 401(k) program available exclusively to Edward Jones financial advisers.

At a conference in New York City this week, sponsored by the IRS and ASPPA, Craig Hoffman, General Counsel for ASPPA, discussed several hot-button issues working their way...

The IQ Emerging Markets Mid Cap Exchange-Traded Fund (ETF) was designed to allow investors to isolate pure-play Emerging Market mid-cap exposure. 

Dee Sawyer has been appointed Head of Defined Contribution (DC) Product Management at Bank of America Merrill Lynch. 

McGraw-Hill Financial Communications and ExpertPlan, Inc., are rolling out a presentation tool for financial professionals to use with 401(k) plan sponsor clients, called the Annual Plan Review Book.

Charles Schwab has partnered with Broadridge Financial Solutions to expand its global investing strategies.  

Schwab Advisor Services announced that Laser App, a desktop software package, will be widely available to advisers that custody with the company by the end of the year.

A new study sponsored found a significant shift in attitudes and actions regarding retirement in Americans since an initial study in 2001.

Shifting and uncertain retirement dates are becoming the norm in the American workforce, making it harder for employees to establish meaningful financial plans, recent MetLife research indicates.

Although regulatory changes to fiduciary responsibilities and disclosures loom on the horizon, plan sponsors of all sizes say that strong fiduciary support services falls low on the list...

The majority of workers with employee stock option, stock purchase, and restricted stock plans have sold shares obtained via their company’s stock plan in the past, but many...