Search results for: SCO
403(b) Regs Made Greater Mark than PPA in Health Care Industry
The year-old 403(b) regulations from the Internal Revenue Service have had a more profound impact on health care employers’ retirement plan designs than the Pension Protection Act (PPA).
Most Mutual Funds Still Held Through Advisers
Most mutual funds were purchased through an adviser in 2007, demonstrating a slight increase since 2006.
SEC Bans Shorts of 799 Financial Stocks
In an effort to boost investor confidence in the face of a market crisis, federal securities regulators took the dramatic step Friday of temporarily haulting short-selling in nearly...
Latest PowerShares ETFs Offer Exposure to Commodities
Invesco PowerShares Capital Management has unveiled four new equity exchange-traded funds (ETFs) designed to provide access to companies involved in the agriculture, coal, gold and precious metals, and...
Invesco PowerShares Releases Transportation ETF
Invesco PowerShares Capital Management LLC, announced the listing of the PowerShares Global Progressive Transportation Portfolio that will begin trading September 18, 2008, on the Nasdaq Stock Market.
Invesco PowerShares Releases Biotech ETF
Invesco PowerShares Capital Management LLC, announced the PowerShares Global Biotech Portfolio will begin trading Thursday, on the Nasdaq Stock Market.
Can This Be the Worst Economic State in 60 Years?
Fifty-three percent of Americans over the age of 60 say today’s economic conditions are worse than those they have experienced in the past.
New Jersey Court Clears Financial Planners of Wrongdoing
A New Jersey appellate court affirmed dismissal of fraud charges against advisers who recommended that a firm join a multiemployer welfare benefit plan.
Trade Groups Weigh In on Fee Disclosure Proposal
The ERISA Industry Committee (ERIC), Investiment Company Institute (ICI), and the SPARK Institute all gave the Department of Labor (DoL) opinions on its recent fee disclosure proposal.
JPMorgan Announces Target-Date Evaluation Product
JPMorgan Asset Management unveiled an evaluation process to help advisers and clients identify the most appropriate target-date funds.
S&P Announces Housing ETFs
Standard&Poor's has licensed MacroMarkets LLC to launch exchange-listed products based on the S&P /Case-Shiller Home Price Indices.
R Factor Index Helps Advisers Grow Business
R Factor, announced today by Robinson&Associates, Inc., uses a methodology to predict and capture future revenue.
Verizon Hit for Cash Balance Conversion Error
A federal judge said a Verizon benefits committee improperly handled an error in the plan document by ignoring it.
Jennison Equity Income Fund Adds Z Class
JennisonDryden has added Z share classes to its Jennison Equity Income Fund, making the income-oriented equity fund available to mutual fund wrap programs and retirement platforms that use...
College 'Education'
Those kids many parents are sending off to college for the first time this month – are part of a diverse, internet-savvy and privacy-free group of nearly two...
Invesco Readies Four New ETFs
Invesco PowerShares Capital Management LLC has announced the anticipated listing of four new equity exchange-traded funds (ETFs) designed to provide access to companies involved in the agriculture, coal,...
Appellate Panel Backs Staples Options Cutoff
The Staples office supply company has been cleared of wrongdoing in refusing to allow an ex-employee the right to exercise his stock options after he was fired for...
Small Biz Owners Shy From 401(k)
A recent survey of small business owners by SurePayroll found that only one-third of small businesses currently offer 401(k) plans to their employees, and 45% of small business...
Fremer Joins Schneider Downs
Scott Fremer will lead business development efforts for Schneider Downs Wealth Management Advisors’ growing 401(k) practice, the company said.