News

A white paper from Prudential Retirement discusses what effect the incorporation of guaranteed minimum withdrawal benefits (GMWBs) can have on retirement income and security.

Charles Schwab Investment Management, Inc. (CSIM), the investment adviser to Schwab and Laudus Funds, has announced the appointments of Omar Aguilar, Brett Wander, and John Sturiale to the...

The results of the 12th Annual Transamerica Retirement Survey reveal employer confidence is rising and it appears to be translating into a renewed commitment to retirement benefits for...

Northern California-based Van Hulzen Asset Management, LLC, and New York-based Witter Partners LLC have launched the Iron Horse Fund.

Munder Capital Management has launched the Munder Integrity Mid-Cap Value Fund and Munder Integrity Small/Mid-Cap Value Fund.

Russell Investments has appointed Len Brennan as president and chief executive officer.

Lincoln Trust Company is offering a fee disclosure solution that it says goes beyond next year’s regulatory requirements. 

HighTower, a national financial services company serving high net worth and institutional clients, has acquired VWG Wealth Management, located in Vienna, Virginia.  

Eugene Schloss, founder of Schloss & Company, is retiring after 39 years of providing retirement planning solutions to clients in Long Island, New York.

Wells Fargo Funds Management and the Wisconsin College Savings Program Board have announced several changes to EdVest, Wisconsin’s college savings plan. 

The Employee Benefit Research Institute (EBRI) found that the proposed tax reform regarding 401(k)-type retirement plans from the National Commission on Fiscal Responsibility and Reform would hurt both...

Month over month, exchange-traded fund (ETFs) assets fell $15.4 billion, down 1.4%, according to the State Street Global Advisors ETF Snapshot report.

Jeffrey Bronchick, CFA, has opened a value-oriented equity investment firm, Cove Street Capital. 

Pershing LLC, a BNY Mellon company, has published a study arguing that asset consolidation can potentially double profitability, boost productivity, and advance client relationships.  

Castle Rock Innovations (CRI) announced its partnership with The Wagner Law Group to support CRI's AXIS Retirement Plan Analytic Platform.

Morningstar Inc. has added a new asset allocation and forecasting functionality to Morningstar Direct, a Web-based global investment analysis platform for institutional investors.

UBS Global Asset Management has hired Louis Finney as Executive Director and Senior Strategist, Global Investment Solutions. 

Old Mutual Asset Management (OMAM) has named Michael Raso Senior Vice President and Director of Institutional Retirement. 

TIAA-CREF has partnered with Emeriti Retirement Health Solutions to help individuals save adequately to cover health care needs in retirement.

Deciding what investments should be included in a retirement plan’s menu and monitoring those investments is a huge amount of risk and liability for just one person; plan...