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Franklin Templeton Offers Global Investment Guide
Franklin Templeton created a guide to help advisers and their clients understand how global investments may increasingly serve as a core component within portfolio allocations
Raymond James and RiverFront Introduce Four Model UMAs
Raymond James Asset Management Services and RiverFront Investment Group announced four model portfolios on the Raymond James Freedom Unified Managed Account platform.
Majority of Gen Y not Saving for Retirement
The majority (55%) of Gen Yers have not started to save for retirement, and fewer than a quarter (21%) are actively planning for retirement, according to Scottrade.
Global X Launches Gold and Oil Equities ETFs
Global X Funds has launched the Global X Pure Gold Miners ETF (NYSEArca: GGGG) and the Global X Oil Equities ETF (NYSEArca: XOIL).
Advisers Say Global Investments are Under-Weighted
A Franklin Templeton Investments survey found 71% of advisers believe the greatest investment opportunities over the next decade will be outside the U.S.
RidgeWorth Produces Podcasts for Advisers
RidgeWorth Investments is introducing five monthly podcasts that will offer asset class updates and information for investment professionals.
Survey Reveals Public Sector Pension Envy
Many Americans believe that those who work for the government get better retirement benefits than those in the private sector, a recent survey shows.
Match Reinstatement Continues to Grow
Thirty percent of plan sponsors hope to reinstate previously eliminated or reduced matching contributions during 2011, according to a study.
Distribution Advice Should Not be Prohibited, Group Says
The DC Plan Investment Council is advocating that advice to participants by a plan adviser at the time of a distributable event should not be a prohibited transaction.
Van Eck Launches Colombia ETF
Van Eck Global has launched Market Vectors Colombia ETF (COLX), designed for investors seeking direct, targeted exposure to Colombian equities.
SSgA Selects Partner to Promote ETFs in Latin America
State Street Global Advisors (SSgA) has made an agreement with Celfin Capital in which Celfin will promote SSgA’s SPDR exchange-traded funds (ETFs).
DC Group Says Auto-Deferral Rate Should be Higher
Defined contribution plans using automatic enrollment increased plan participation rates by nearly 30%, according to a study, but the contribution rate at enrollment is too low.
Workers Even More Worried About Retirement
Working Americans are a lot less confident about their retirement prospects, according to a new report.
ETF Flows Continued Slower Pace in February
ETF flows eased their pace for the second consecutive month, but ended in the black with a roughly $6.8 billion monthly inflow, according to the Morningstar Direct Fund...
February Mutual Fund Flows Kept Pace with January
Flows into long-term mutual funds hit $27.9 billion in February, nearly matching January’s total of $29.8 billion, according to the Morningstar Direct Fund Flows Update.
Transamerica Enrollment Hits the Web
Transamerica Retirement Services unveiled a mobile application that it says allows employees to enroll in a retirement plan in as little as three minutes.
How Much Does It Take for a Millionaire to Feel Wealthy?
Fidelity Investments' fourth Millionaire Outlook survey reveals 42% of millionaires do not feel wealthy, compared to 46% who said they didn’t feel wealthy in 2009.
April 4 is National Employee Benefits Day
The International Foundation of Employee Benefit Plans (IFEBP) is celebrating National Employee Benefits Day with a special Web site for the occasion.
Fewer Plans, Greater Assets
LIMRA’s 401(k) Scorecard for Q4 2010 shows sales had both positive and negative results.
SSgA Appoints Head of Active Australian Equities
State Street Global Advisors, the investment management business of State Street Corporation, appointed Olivia Engel as head of Active Australian Equities.