News

A financial industry "insider" and a communications professional "outsider" gave actionable ideas on tackling a social media strategy at the ASPPA 401(k) Summit in Las Vegas.  

Morningstar evaluated markets worldwide and found the U.S. and Singapore as the best for investors.

At the ASPPA 401(k) Summit in Las Vegas this week, Brian Graff, CEO of ASPPA, and Greg Dean, General Counsel for the Senate Committee on Health, Education, Labor...

Securian Financial Group has added its voice to the chorus of others urging employees to channel their Social Security tax savings received this year into their retirement plan...

Merrill Lynch hosted a Webcast this week called, “It’s Your Future: What Young Americans Need to Know About Retirement,” hosted by former ABC News anchor, Charles Gibson.  

Crowell & Moring LLP has made Seth T. Perretta a partner for the firm's Corporate, Labor & Employment, and Health Care groups in the Washington, D.C. office.

Strategic Insight, an Asset International company, estimates that investors added $6 billion to U.S. exchange-traded funds (ETFs) in February 2011, the sixth straight month of positive flows.

Despite uncertainty in the Middle East and North Africa, U.S. mutual fund net inflows in February gained $29 billion, according to Strategic Insight, an Asset International company.

Fourth quarter defined contribution (DC) participant transfer activity appeared to be driven by momentum market timing, according to the Callan DC Index.

The Fidelity Conservative Income Bond Fund will invest primarily in a combination of money market and high quality, investment‐grade debt securities with short durations.

Broadridge Financial Solutions Inc. announced that Mobile ProxyVote.com is live and compatible with mobile devices.

Once strictly a business model of less-than-luxurious motels, a growing number of luxury hotels are offering hourly rates.  

Towers Watson published a report analyzing investment rates of returns in defined benefit (DB) and defined contribution (DC) plans before and after the recession.

Ascensus named Peter Perdomo to Regional Vice President (RVP) of the South Central territory.

Charles Schwab has developed a “Select List” of exchange-traded funds (ETFs) to help investors choose the best one for their portfolio.  

Merrill Lynch has developed mobile applications for the iPhone, iPad, and BlackBerry devices, for clients of Merrill Lynch Wealth Management and Merrill Edge. 

National law firm Alston & Bird LLP announced that Jonathan Rose has joined the firm as a partner in its Washington, D.C. office.

Russell Investments hired Richard Davies as managing director, defined contribution (DC).

Managed accounts software provider Peridrome found an expected increase in the adoption of models-based distribution and newer products in a recent survey.

The U.S. Department of Labor (DoL) sued Coin Builders LLC of Wisconsin Rapids and its president, Joseph Kreeger, to restore more than $1.3 million plus interest to the...