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.
Harris Investment Management is now offering institutional investors a long equity portfolio geared toward the microcap U.S. equity market, an international equity product, and a long/short equity product.
An online payroll services firm is getting ready to bring a new online 401(k) offering to market.
John Hancock has added three new strategies to its target-risk Lifestyle portfolios, effective May 1, the company announced.
Claymore Advisors, LLC will be using Morningstar Super Sector Indexes for its new exchange-traded funds (ETFs) that track the manufacturing, services and information sectors.
Through relationships with Oracle and Emerging Information Systems Inc. (EISI), Fidelity Investments will introduce customized and efficient customer relationship management (CRM) and financial planning systems for registered investment advisers (RIAs).
Lincoln National Life Insurance Company now offers participants in the firmâ€™s defined contribution plans an annuity distribution option.
John Hancock Annuities has added three new asset allocation options from American Funds and Franklin Templeton to John Hancock Trust (JHT), the firmâ€™s variable annuity investment platform.