News

Standard & Poor's launched a series of indexes intended for investors with varying risk-reward profiles.

A federal judge in Texas gave final approval to a $2.4-million settlement of a class-action suit against RadioShack for breaching its fiduciary duty.

Strategic Insight, an Asset International company, estimates that investors poured an additional $10.9 billion into exchange-traded funds (ETFs) in January 2011.

U.S. mutual fund investors added about $34 billion in net cash to U.S. stock and bond mutual funds in January 2011.

Genworth Financial Wealth Management (GFWM), a subsidiary of Genworth Financial, has added alternative investments specialist Altegris Advisors as a portfolio strategist. 

Laying it all out on the table, PLANSPONSOR and PLANADVISER’s Editor-in-Chief, Nevin E. Adams, opened the first Virtual PLANADVISER National Conference (VPANC) by outlining the top 10 trends...

The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) delayed the implementation of its new 408(b)(2) fee disclosure rules by six months.

Sponsors applying to the Internal Revenue Services' (IRS) Voluntary Correction Program (VCP) may be able to save some money in the process.

Glenn Dial has left J.P. Morgan Asset Management to reportedly take a role with Allianz Global Investors.

Many advisory firms grapple with the possible benefits (or consequences) of participating in a merger or acquisition; a panel at the inaugural Virtual PLANADVISER National Conference discussed the...

CPI Qualified Plan Consultants announced that Matthew K. Scott will serve as the first retirement plan consultant in the Phoenix, Arizona office.

ProShares, a provider of alternative exchange-traded funds (ETFs), has launched what it says is the first ETF that provides inverse exposure to U.S. Treasury Inflation-Protected Securities (TIPS).

Putnam Investments has appointed Anne Lundberg as Senior Vice President and Consultant Relations Manager, Midwest Region.

The U.S. Department of Labor obtained a consent judgment ordering Arkion Life Sciences to restore $193,795 in restitution and interest to the company's 401(k) plan.

Two studies, one from Citibank and one from the National Retail Federation, both found that Americans will be spending more this Valentine’s Day than last year.   

Recordkeeper BPAS has partnered with Fiduciary Benchmarks to provide 408(b)(2) summary disclosure documents and independent third-party benchmarking to all BPAS clients.

A recent study from kasina found that 60% of asset managers have a mobile strategy in place and recommended more firms develop one as soon as possible.   

JPMorgan Chase & Co accused the trustee seeking $6.4 billion for victims of Bernard Madoff's Ponzi scheme of exceeding his authority by suing in bankruptcy court, where a...

Forward Management, LLC has created the Forward Commodity Long/Short Strategy Fund (FCOMX).

John Farmakis has joined DST Retirement Solutions as vice president of sales.