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Target Maturity Funds Have Tough Second Quarter
Global equity markets rallied in June, but second-quarter performance suffered as the global economic picture showed little signs of sustained improvement, a report found.
Adviser Education a Priority in 2012
Financial services firms are making adviser education a priority and expanding the scope of retirement goals, a survey found.
Old Mutual Appoints Harrington Consultant Relations Director
John Harrington was named vice president and director of U.S. Consultant Relations for Old Mutual Asset Management (OMAM).
ING U.S. Rolls Out Retirement Savings Game
ING U.S. released a new mobile game application designed to help build investment and retirement planning awareness for consumers.
Report Reveals Record Pension Underfunding for S&P 500
A report from S&P Dow Jones Indices reveals record pension and other post-employment benefits (OPEB) underfunding for the S&P 500 companies.
Contributions to be a Material Expense for Many Pensions
A majority of large U.S. corporate pension plans are underfunded, with future contributions a material expense for many over the coming years, according Fitch Ratings.
Pacific View Asset Management Rolls Out with Two Funds
Condor Trading LP moved into asset management with the launch of a new venture, Pacific View Asset Management LLC in San Francisco.
Incorporating Risk Parity into DC Plans
Risk parity is used by defined benefit plans to protect against downside risk, but “there’s no reason DC sponsors shouldn’t use it,” Invesco noted.
DC Participants Want to Save More, Need Education and Help
Employees across the United States are willing to save more for retirement and report that there is room in their budgets to do so.
Lincoln Trust Acquires Benefit Solutions
Lincoln Trust Co. has acquired Benefit Solutions Corp., a 401(k) recordkeeper and third-party administrator (TPA).
Financial Planning Association to Offer FiPath Tools
The Financial Planning Association (FPA) announced it would offer FiPath for Advisors tools to its members through a strategic collaboration with FiPath.
Invesco to Expand Suite of DWA Technical Leaders ETFs
Invesco PowerShares Capital Management LLC announced the anticipated listing of the PowerShares DWA SmallCap Technical Leaders Portfolio on July 19, on the NYSE Arca.
Lincoln Financial Names Sales Director for Institutional Retirement
Chris Somers joined Lincoln Financial Distributors (LFD) as a regional sales director for the Institutional Retirement Solutions Distribution (IRSD) team.
DC Retirement Plan Industry Needs Self-Esteem Boost
The defined contribution (DC) retirement plan industry has a “self-esteem problem” that must be addressed, one industry expert contends.
Women May Stop Working With Adviser If Spouse Dies
Some women say if their relationship with a spouse or partner terminated, they would also end their relationship with a financial adviser.
Schwab Rolls Out Investment Tools, Training in Plan Design
A support tool and program suite for advisers from Schwab Retirement Business Service combines investment management tools, and fiduciary and plan design training.
Pensions See Near-Record Funding Deficit in June
Plunging discount rates drove up pension liabilities in June, swamping asset improvement and capping a bad second quarter.
Davidson Introduces Small/Mid Equity Mutual Fund
An employee-owned asset management firm, Davidson Investment Advisors, launched the Davidson Small/Mid Equity Fund.
Uzurp.com Opens Adviser, RIA Databases to Public
Uzurp.com opened its financial adviser and registered investment adviser (RIA) databases to the public, for the same annual subscription rate as businesses of $999 a year.