Products

New Payroll Alliances Announced for The Online 401(k)

The Online 401(k), a provider of full-service Web-based 401(k) plans for small and single-person businesses, has signed more than 40 strategic alliances with independent payroll providers across the country as of January 2007.

DALBAR Says Adviser Certifications FAB-Ready

In light of the Department of Labor’s (DoL) latest regulatory pronouncement on offering participant investment advice, DALBAR has already updated its two plan adviser certification programs.

XShares to Develop ETF Based on Carbon Emission Credits

XShares Advisors LLC will develop exchange-traded funds (ETFs) based on carbon emission credits, which allow firms and other organizations the right to emit a stated amount of carbon dioxide over a specified time period, the company announced.

Dow Jones Unveils New Version of Wealth Manager

Dow Jones has announced the release of a new Web version of Dow Jones Wealth Manager, which it says provides financial advisers with the ability to match news to a client’s investments and professional and personal interests.

ProShares to Use Dow Jones Indexes for its ETFs

Dow Jones Indexes announced that 11 of its U.S. indexes have been licensed to ProShares Trust and its affiliates to serve as the basis of 22 leveraged and inverse exchange-traded funds (ETFs) that launched on the American Stock Exchange February 1.

Nationwide Launches Newsletter for Plan Administrators

To help plan administrators keep up with the many legislative provisions impacting their clients in 2007, Nationwide has launched a free, periodic newsletter that will offer ongoing education about legislative, regulatory and administrative changes.

State Street ETF To Track Infrastructure Industries

State Street Global Advisors will launch Tuesday an exchange-traded fund (ETF) that that tracks an index of developed and emerging country stocks involved in infrastructure industries such as pipelines, transportation services, electricity, water and telecommunications.

ProShares Launches Six More ETFs

Citing a strong demand for short or magnified exposure to the small cap market, ProShares Thursday launched six new exchange traded funds (ETFs).

NY Firm Unveils ETFs for Health, Biotech Research

New York-based XShares Advisors LLC launched five exchange-traded funds (ETFs) on the New York Stock Exchange Tuesday, with each aimed at a segment of the health care, life science and biotechnology industries.

AssetMark Targets Retirement Income

AssetMark Investment Services, Inc. has announced a new investment product designed to address the income and long-term investing needs of retiring baby boomers.

BGI Files for High-Yield Corporate Bond ETF

Barclays Global Investors filed with the Securities and Exchange Commission (SEC) last week to offer the first exchange-traded fund (ETF) that tracks the high-yield corporate bond market.