News

A report from Charles Schwab evaluates the pros and cons of combining a traditional brokerage business and fee-based advisory business.

Open Wi-Fi networks, available at many cafes, airports, and other public places, have become more susceptible to cyber “hijacking” than ever before. 

Charles Schwab introduced theStreetSmart Edge program for active traders, which was built to “think like a trader,” and offer a more intuitive experience.  

Scott David is the new director of Third Party Distribution for the T. Rowe Price Group, beginning May 2.  

The Internal Revenue Service’s Employee Plans Compliance Unit announced the completion of the information-gathering phase of its 401(k) Questionnaire Project.

The Government Accountability Office (GAO) recommended that the Department of Labor (DoL) take action to assist retirement plan sponsors in selecting appropriate target-date funds.

A third-party administrator pleaded guilty to one count of embezzlement of $1 million in assets from 12 retirement plans. 

Fidelity found workplace retirement plan participants are becoming increasingly more engaged in their plans.

Commenting on swap regulations under the Dodd-Frank financial reform bill, the ERISA Industry Committee (ERIC) asked for special considerations for employee benefit plans.

The Hartford’s Retirement Plans Group (RPG) has formed a Channel Development team to assist the sales efforts of property and casualty (P&C) agents. 

While men and women participants are turning to asset allocation funds in similar amounts, women are showing a discernable preference for target-date offerings. 

Invesco PowerShares Capital Management LLC plans to launch what it said was the first exchange-traded fund (ETF) to provide access to a portfolio of senior...

The Internal Revenue Service (IRS) has provided clarification on how section 403(b) plan termination provisions apply.

PIMCO has hired Ravi Mattu as a Managing Director and Head of Analytics.

Transamerica introduced Retirement Income Max, an optional living benefit rider, available with Transamerica’s suite of variable annuities.

About half of nearly 1,300 advisers surveyed by Curian Capital surveyed feel time management and efficiency will be their biggest challenge in 2011. 

Putnam Investments plans to launch a version of its Absolute Return 500 Fund for use by insurance companies in variable annuities and other variable insurance products.

The sampling size was small, but a recent survey found that participants who got financial advice held more funds and enjoyed a higher rate of return than those...

ASPPA and a group of 403(b) plan professionals have renewed their appeal to the government for additional relief for 403(b) sponsors struggling to meet new compliance requirements of...

Thousands of protestors took to the streets this past week—in Wisconsin.