News

Looking at all angles of a wealthy client’s finances is undoubtedly important; one group is proposing tackling all aspects of a client's life to achieve the best outcomes.    

Total 529 savings plan assets increased to an estimated $146 billion in the first quarter of 2011, reflecting a 5.8% increase from the previous quarter.

A federal appeals court has ruled that UMB Bank is not responsible for losses to retirement plan accounts from investments directed by participants’ investment adviser.

Invesco PowerShares Capital Management announced that the PowerShares Convertible Securities Portfolio is anticipated to begin trading May 26, 2011, on the NYSE Arca.

TD Ameritrade has started a professional development program that aims to give women in financial advisory roles the tools they need to effectively market their services to female...

Russell Investments appointed Laurie Marchel, director, wirehouse channel distribution, for its U.S. adviser-sold business. 

Drawing comparisons to the Pension Protection Act that codified best practices that were already in play, Chip Castille, managing director and head of U.S. & Canada Defined Contribution...

Research from The Conference Board reveals that the 2008-2009 economic recession has increased pressure on individuals to delay retirement.

Research from Vanguard shows that defined contribution plan participants younger than 30 have higher equity allocations than other generations had at the same age.

The Financial Research Corporation (FRC) estimates that over the next five years, assets in defined contribution (DC) plans and IRAs will grow from $9.0 trillion in 2010 to...

Northern Trust has launched two emerging manager collective funds for institutional investors.

Russell Investments has introduced its first suite of exchange-traded funds (ETFs), the Russell Investment Discipline ETFs.

The Institutional Retirement Income Council (IRIC) has developed a scorecard that can evaluate the suitability of a retirement income strategy as an investment option within an employer-sponsored defined...

The National Association of Government Defined Contribution Administrators has published an Issue Brochure explaining rules regarding newly-allowed Roth contributions to 457 plans.

The ERISA Industry Committee (ERIC) and other groups are urging a federal appellate court to rehear a case which found fiduciaries at Kraft Foods may have breached their...

RBC Dexia Investor Services has launched Investment Analytics - Interactive, a Web-based portfolio analysis tool.

No matter what industry you’re in, no one can hold the #1 spot forever.

Based on the earnings results of publicly-traded asset managers, kasina found that the first quarter of 2011 witnessed a slight drop in asset manager margins despite growth in...

Research from the Employee Benefit Research Institute (EBRI) finds that immediate annuities or longevity annuities would be effective at reaching desired income adequacy targets, especially for lower-income retirees.

Fidelity Investments is rolling out its first fund in the global high-yield category, the Fidelity Global High Income Fund.