Claymore Securities, Inc. on Monday launched the Claymore/Robb Report Global Luxury Index ETF (exchange-traded fund) on the New York Stock Exchange.
Daiwa Asset Management and global index provider FTSE Group have announced the launch of the FTSE Shariah Japan 100 Index from which Daiwa will create an exchange-traded fund (ETF) for listing on the Singapore Exchange.
SunTrust Banks has introduced GamePlan, a free service to help individuals understand their needs in retirement and overcome procrastination about retirement planning.
Saying that plan sponsors looking to use Qualified Default Investment Alternatives (QDIAs) will turn to investment advisers for help, DALBAR and the Foundation for Fiduciary Studies are banding together to create a workshop focused on educating advisers about the investments.
NorthStar Systems International has launched NorthStar 5.0, an updated version of its adviser desktop program.
Vanguard has announced the Vanguard Europe Pacific ETF begins trading Thursday on the American Stock Exchange.
Fidelity Investments has released a diagnostic tool that allows employers to measure the effectiveness of their plansâ€™ usage of automatic features in providing retirement income to employees.
NAVA, Inc. the association for Insured Retirement Solutions, is extending its straight-through processing (STP) initiative to the independent annuity distribution channel with the help of the Financial Services Institute (FSI), an advocacy group for independent broker-dealers and financial advisers.
ING announced a new fixed annuity product designed for individuals rolling over retirement plan funds, though it is also available as a non-qualified contract.
First Citizens Securities Corporation has launched a Unified Managed Account (UMA) offering.
FreeERISA.com is now offering a database of U.S. business identification numbers that are assigned by the Internal Revenue Services (IRS) to almost all businesses operating in the U.S.
Trust Builders, Inc. has launched a new software tool that gives advisers the ability to provide ongoing customized updates to plan participants.
WisdomTree Investments, Inc. has licensed its WisdomTree Indexes to Aperio Group LLC, a California-based financial adviser that provides asset management services to taxable investors.
Albridge Solutions Inc. has added internal rate of return (IRR) and daily time weighted return (DTWR) rates calculations to its Albridge Wealth Reporting portfolio accounting and performance reporting solution.
Payroll provider SurePayroll has come out with an online 401(k) program for small business employers.
Los Angeles-based money manager Payden&Rygel has launched a series of target maturity funds using the investment research of Wilshire Funds Management.
Wachovia Retirement Services (WRS) said Monday that it is now offering Income Solutions, a program that allows participants to buy an annuity as part of an IRA rollover.
WisdomTree Investments, Inc. has announced that the WisdomTree Trust will launch a new dividend-weighted exchange-traded fund (ETF) on the New York Stock Exchange on July 13.
The Guardian Insurance&Annuity Company, Inc. (GIAC) has announced it is now offering plan sponsors a managed account as a qualified default investment alternative (QDIA).
FundQuest has rolled out a platform that enables financial advisers to deliver advanced planning, implementation, and monitoring services to help investors achieve sustainable income during retirement.