Search results for: SCO
Institutional Demand for ETFs Increasing
Institutional investors are increasingly bullish on using exchange-traded funds (ETFs) in their portfolios, according to a new study.
Invesco to Introduce Fundamental Pure Style ETFs
Invesco PowerShares Capital Management LLC announced plans for a suite of nine Fundamental Pure Style ETFs based on the Research Affiliates Fundamental Index (RAFI) methodology.
IMHO: Loan Arranging
The headlines last week were all about how new legislation had been introduced to cut down on the “leakage” from 401(k) plans.
It Takes a Village
Looking at all angles of a wealthy client’s finances is undoubtedly important; one group is proposing tackling all aspects of a client's life to achieve the best outcomes.
Retirement Plan Trustee not Responsible for Adviser Fraud
A federal appeals court has ruled that UMB Bank is not responsible for losses to retirement plan accounts from investments directed by participants’ investment adviser.
Invesco to List Convertible Securities ETF
Invesco PowerShares Capital Management announced that the PowerShares Convertible Securities Portfolio is anticipated to begin trading May 26, 2011, on the NYSE Arca.
Sponsors Should Not Wait for Retirement Income Regulation
Drawing comparisons to the Pension Protection Act that codified best practices that were already in play, Chip Castille, managing director and head of U.S. & Canada Defined Contribution...
Northern Trust Launches Emerging Manager Funds
Northern Trust has launched two emerging manager collective funds for institutional investors.
Russell Enters ETF Biz
Russell Investments has introduced its first suite of exchange-traded funds (ETFs), the Russell Investment Discipline ETFs.
Think Tank Proposes Scorecard for Retirement Income Options
The Institutional Retirement Income Council (IRIC) has developed a scorecard that can evaluate the suitability of a retirement income strategy as an investment option within an employer-sponsored defined...
Groups Urge Court to Review Kraft Ruling
The ERISA Industry Committee (ERIC) and other groups are urging a federal appellate court to rehear a case which found fiduciaries at Kraft Foods may have breached their...
Automated Programs Lead to Improved 401(k) Results
Bank of America Merrill Lynch’s Retirement & Benefit Plan Services quarterly report on plan participant contribution activities found many plan sponsors are using a combination of automated and...
Examining the Impact of ETFs on Investment Strategy
At the ETF & Indexing Investments USA 2011 Conference in New York City this week, panelists discussed the pros and cons of the “democratization” of exchange-traded funds (ETFs)....
SunTrust Buys CSI Capital Management
SunTrust Banks, Inc. has acquired the assets of CSI Capital Management, a San Francisco based wealth-management firm.
Personal SEC Contact Not Needed From Whistleblower
The U.S. District Court for the Southern District of New York has ruled that a whistleblower need not personally contact the Securities and Exchange Commission to claim retaliation...
IMHO: Out of Proportion
Without question the retirement plan industry has prospered from the long-standing practice of relying heavily – and in some situations, completely - on asset-based fees. ...
Court Rejects 404(c) Defense in Certifying Stock Drop Suit Class
A U.S. District Court has certified as a class action a suit against YRC Worldwide that claims it offered company stock as a 401(k) investment option when it...
AUL Retirement Appoints Michigan Sales Director
The retirement services division of American United Life Insurance Company (AUL), a OneAmerica company, has selected Scott Pawlich to be its regional sales director for Michigan.
Setting Retirement Goals Leads to Increased Engagement
Having a goal for retirement savings can cause participants to be more engaged in actively planning for their retirement, according to a survey from Diversified’s Retirement Research Council.