Washington-based ShareBuilder is trying to raise awareness about 401(k) participant fees, specifically calling for fees to stay below the 1% mark and for total fee transparency.
The Principal Financial Group has unveiled a new online distribution service for employee stock ownership plans (ESOP).
Prudential Financial, Inc. has come out with a group of variable universal life insurance contracts for informally funding nonqualified benefit plans, including Supplemental Employee Retirement Plans (SERPS) and Deferred Compensation Arrangements.
The Retirement Services division of InterOcean Wealth Management has formally introduced a new fiduciary protection service for retirement plan sponsors called The Fiduciary Compass.
WisdomTree Investments, Inc. announced the launch of the WisdomTree International Real Estate Fund on the American Stock Exchange Tuesday.
Socially responsible mutual fund firm Calvert has launched a new fund that seeks long term capital appreciation by investing primarily in non-U.S. small-cap and mid-cap stocks both in the developed countries and emerging markets.
New York Life Investment Managementâ€™s retirement plan services division has come out with a program to help employers better understand workersâ€™ retirement planning behavior by categorizing plan participants into six segments.
Principal Financial Group has released a program that gives fledgling businesses some of the same retirement plan tools available to large plans, such as flexible participant services and retirement savings options.
Transamerica Retirement Services has announced the addition of five investment choices from two fund families â€“ Thornburg Securities and Fred Alger&Co., Inc.
In response to a recent court ruling that firms operating fee-based brokerage accounts must move these assets to either an advisory account or a traditional commission account, FundQuest has created a service specifically designed to assist with conversions.
AXA Equitable Life Insurance Co. has enhanced its Accumulator series of variable annuities, including an expanded choice of "living benefits" and the unbundling of optional income and death benefits.
Money Management Executive (MME) has announced the release of comprehensive, unique 529 reports to help mutual fund companies, financial advisers, and their clients more accurately plan college savings.
State Street Global Advisors (SSgA) has announced five new fixed income SPDRs exchange-traded funds (ETFs) that will begin trading on the American Stock Exchange on Wednesday.
Pershing LLC has launched Managed Account Network, an open architecture platform making available a wide range of managed account solutions for introducing broker-dealer firms to offer their clients.
ING has announced a change in its Rollover Wizard tool to help employees roll over money from their ING employer-sponsored retirement plan into an ING Express Individual Retirement Account (IRA), completely online.
RiverSource Investments, LLC, a subsidiary of Ameriprise Financial, has launched two new single-strategy mutual funds.
RiverSource has launched SecureSource, an optional living benefit rider, which offers guaranteed lifetime income for individuals purchasing a RiverSource annuity.
Prudential Financial has redesigned its Web site for retirement plan participants in an effort to make online retirement planning easier.
The Vanguard Group announced that it has filed a registration statement with the Securities and Exchange Commission (SEC) for its fifth international ETF.
IndexIQ Inc. has agreed to provide indexing solutions to Advisor Partners LLC, a separate account manager serving the professional high end adviser market.