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U.S. Looks More Pricey
U.S. cities climb on the list of most expensive places to live, according to Mercer’s annual Cost of Living survey.
Goldleaf Names Sales Director for Southwestern Region
Goldleaf Partners, a national retirement and employee benefits administration and consulting firm, has named Thane Walton as sales director.
BofA Now Biggest Wealth Manager
A new survey found that Bank of America Corp. (BofA) holds the title of the biggest wealth manager through the end of 2008.
AIG Delisted from NYSE—Not!
As if American International Group (AIG) hasn't been picked on enough, late yesterday the New York Stock Exchange (NYSE) posted a notice of suspension and delisting for AIG...
Ascensus Takes CUNA IRA Services Division
Ascensus announced that it has signed an agreement to acquire CUNA Mutual Group’s IRA Services division.
More Productive away from the Office?
A new survey suggests all of you road warriors might feel happier and more productive when you telecommute.
New Securities Track Movement of U.S. Home Prices
Investors now have a chance to gain whether or not there is a recovery in the residential real estate market.
High Court Accepts Xerox ERISA Case for Review
U.S. Supreme Court justices have agreed to consider an appeal of a case involving the method used by the Xerox Corp. pension plan to figure out how much...
SageView Adds Two to Advisory Staff
The Irvine, California-based SageView Advisory Group, an independent retirement and wealth management consulting firm, has added Robert Patton and David Shnapek to its staff.
CPI Adds Collective Investment Funds to Platform
CPI Qualified Plan Consultants, Inc., is expanding its open-architecture retirement plan platform to include collective investment funds (CIFs) through CIF Marketplace.
Madoff Gets Life—and then Some
It may be of little consolation to his victims, but a federal judge gave Bernard Madoff a sentence that should keep him behind bars for the rest of...
7th Circuit Panel Limits Ruling’s 404(c) Effects
Faced with pressure to take another look at its February 2009 decision in a widely watched 401(k) excessive fee case, a federal appellate court has turned down the...
Scottrade Launches New Adviser Web Platform
Scottrade Advisor Services said it introduced its Advisor Services Web platform with upgraded trading and account management resources.
Symetra Expands 403(b) Team
Symetra Financial announced that Ernest Jordan has joined the company as managing director of the company’s 403(b) Group Distribution Channel.
CUNA Mutual Acquires CPI
The Madison, Wisconsin-based CUNA Mutual Group will acquire CPI Qualified Plan Consultants, Inc.
TIAA-CREF Names Head of Consultant Relations
TIAA-CREF has appointed Tony Cox Head of Consultant Relations.
Janus Adds Institutional Sales Director
Capital Group Inc. has appointed Jason Stefanelli as vice president and institutional sales director with Janus Capital Group Institutional.
Hedge Fund Morphs into Long-Short Mutual Fund
Bull Path Capital Management today announced the conversion of one of its long-short hedge funds into a long-short equity mutual fund, the Bull Path Long Short Fund (BPFCX).
Russell Unveils Frontier Market Fund
Russell Investments has launched the Russell Frontier Markets Equity Fund, a multi-manager institutional fund with a specific frontier markets investment mandate.
Brains over Beauty
A University of Florida study found that people with intelligence earn more in their lifetime than those who are self-confident or attractive.