News

Charles Schwab is offering the Schwab U.S. REIT (SCHH) and the Schwab U.S. Mid-Cap (SCHM) exchange-traded funds.

The Department of Labor (DoL) requested comments on if advice relating to a plan distribution should be included in the definition of "advice" under fiduciary standards; Aon Hewitt...

Two groups commenting on the proposal to expand the definition of fiduciary have urged regulators not to require those appraising employee stock ownership plan (ESOP) assets to be...

In comments to the Department of Labor (DoL) regarding the proposed change to the definition of fiduciary, Liberty Capital Investment Corporation said the rule “would be a litigation...

Retirement plan sponsors report that client service has now become one of their top reasons for choosing a new plan provider, according to a survey by Anova Consulting...

Russell Investments has appointed Darren Spencer as director, alternative investments in its Americas Institutional consulting group.

The Government Accountability Office (GAO) has published its report on financial planning regulation, as mandated by the Dodd-Frank Act, and found “an additional layer of regulation” is not...

The Newport Group has appointed Frank Tighe as a Regional Director.

Plan sponsors have begun to see securities lending as an investment product with risks and rewards like another other, according to a report from Finadium. 

A new video series from the Principal Financial Group is designed to help advisers educate clients about nonqualified deferred compensation plans (NQDC). 

The Securities and Exchange Commission (SEC) has reached into the asset management industry to find its new Director of Investment Management.  

Mesirow Financial is introducing its POLICE Report, which actively monitors and evaluates investments based on quantitative and qualitative criteria.

As of January 1, 2011, Ameritas Retirement Plans, a division of Ameritas Life Insurance Corp., is the new name for UNIFI Companies Retirement Plans, in all states except...

The stock fund gains seen in December are likely a temporary development, with investors expected to continue their focus on income and risk avoidance through 2011.

Franklin Templeton Investments has introduced the Franklin World Perspectives Fund, an actively-managed, global growth equity fund.

Victory Capital Management announced it is eliminating minimum asset thresholds for retirement plan investors.

President and CEO of SIFMA, Tim Ryan, said above all else, we need to “get it right;” it being the implementation of the Dodd-Frank Act.    

More than 70% of institutions expect alternatives to account for more than 10% of their portfolios over the next five years, according to a Morningstar survey.

The first wave of Boomers, those born between 1946 and 1955, are entering retirement with 12% fewer assets than they had four years ago.

BNY Mellon Asset Servicing is adding a section on its Workbench platform to address the influx of industry rules and regulations.