Search results for: SCO
GAO: SEC Still Needs More Efficiency Initiatives
While federal securities regulators have made progress in working out internal organizational kinks, the U.S. Securities and Exchange Commission (SEC) still has a way to go before reaching...
How Optimistic are You?
See how what’s in your glass compares to your neighbor’s glass.
Workers Might Have Wrong Idea about Target-Date Funds
A recent study found that workers have misconceptions about target-date funds.
Fund Sales Move toward Fee-Based Model
The trend toward fee-based distribution of long-term mutual funds sold through brokers and financial advisers accelerated during the financial crisis.
Franklin Templeton Rolls Out International Fund
Franklin Templeton Investments announced the introduction of the Mutual International Fund.
Wachovia Changes Name to Wells Fargo Advisors
Wells Fargo&Co. said Monday that it has rebranded its newly acquired brokerage, Wachovia Securities, as Wells Fargo Advisors.
Cost of Long-Term Care on the Rise
As nursing home costs are rising, where in America are the cheapest long-term care options?
Invesco PowerShares Plans to Close 19 ETFs
Invesco PowerShares Capital Management announced today plans to close 19 exchange-traded funds (ETFs).
Diamonds in the Rough?
Apparently the softening economy is also weighing on the value of major league baseball teams.
ExpertPlan Hires New Head of Distribution
Retirement plan recordkeeper ExpertPlan announced it has hired John Farmakis as its new executive vice president of Sales, Marketing&Business Development, effective May 1.
NFL Alumni Expands Mission to Support Retired Players
NFL Alumni, an organization started 40 years ago to seek pension benefits for the pioneer players of the NFL, will expand its membership and the scope of its...
Gen Y Wants Financial Advice in Workplace
More than half of Gen Y respondents to a recent MetLife study are interested in getting workplace access to financial planners to help with retirement planning.
Standard&Poor's Releases Investment Tools for Advisers
Standard&Poor's Equity Research Services released MarketScope 3.0 (MSA), a platform that provides financial advisers with investment intelligence and tools about multiple asset classes.
Kimberly-Clark Freezes DB Plan, Adds 401(k)
Dallas, Texas-based Kimberly-Clark Corporation will freeze its defined benefit pension plan for non-union workers on December 31 and adopt a new 401(k) program.
Andrews Introduces Advice Legislation
A bill was introduced in the House of Representatives to update the investment advice regulations to the Pension Protection Act to allow for independent investment advice.
Jennison Health Sciences Fund Reopens
JennisonDryden reopened the Jennison Health Sciences Fund (Class A: PHLAX) to all investors, effective immediately.
Testifiers Debate Merits of Fee Disclosure
The Health, Employment, Labor, and Pensions Subcommittee of the U.S. House Education and Labor Committee held a hearing on Wednesday about fee disclosure to retirement plan participants.
If You Can Buy Happiness…
Financial advisers in the Midwest might have “happier″ clients.
Benchmarks Outdo Active Managers over Market Cycle
The majority of active fund managers underperformed benchmarks across all categories over the past five years, according to Standard&Poor’s.