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.
Through an arrangement with Morningstar Associates, LLC, Prudential Retirement has created an in-plan asset allocation option that provides a guaranteed withdrawal benefit.
Claymore Securities, Inc. has announced the launch of two new exchange-traded funds (ETFs), the Claymore/Zacks Country Rotation ETF (CRO) and the Claymore/Zacks International Yield Hog Index ETF (HGI).
Despite an overall drop in assets of U.S. exchange-traded fund (ETF) assets, international funds experienced strong growth during the month of June.
Union Bank of California is introducing a new benefit for its SelectBenefit retirement plan sponsor clients and plan participants.
Ameristock Funds is now offering five exchange-traded funds (ETFs) tracking the Ryan Treasury Indexes.
Legg Mason, Inc. has announced the launch of two new separately managed account products for retail investors to access Western Asset Management's Core and Core Plus strategies.
The Principal Financial Group has introduced Financial Security Review, a tool for annual financial checkups that pulls together information from a variety of sources into one comprehensive package for financial professionals.
John Hancock retirement plan participants will soon be able to use an option that allows them to roll their 401(k) account balances over from an employer-sponsored plan to another retirement account.
The Committee on Investment of Employee Benefit Assets of the Association for Financial Professionals (CIEBA) has released an updated version of its primer, â€œDefined Contribution Fee Disclosure Best Practices.â€
Claymore Securities has announced the launch of a socially responsible exchange-traded fund (ETF) tied to the issue of Sudan divestment.
Standard&Poor's has licensed State Street Global Advisors (SSgA) to create and launch an exchange-traded fund (ETF) based upon its S&P BRIC 40 Index.
Standard&Poorâ€™s ( S&P ) has announced it has been chosen by Adelante Shares LLC to calculate seven custom indexes based on Adelante Sharesâ€™ proprietary classification of the real-estate sector.
New York Life Investment Management (NYLIM) has announced the creation of the MainStay Retirement Funds, a series of funds for target retirement dates of 2010, 2020, 2030, 2040, and 2050.
State Street Global Advisors has announced the launch of the SPDR S&P BRIC 40 ETF (exchange-traded fund), giving investors access to companies in Brazil, Russia, India and China.