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ABG Carolinas Joins Pentegra
Alliance Benefit Group Carolinas has become a division of Pentegra Retirement Services.
Senators Call for Retirement Income Disclosure
Three U.S. Senators introduced a bill that would require an annual statement to be sent to retirement plan participants, similar to the one sent by the Social Security...
Women Are Behind Men in Retirement Savings
A LIMRA study found defined contribution plan participation and deferral rates are nearly identical for women and men, yet women's totals are falling short.
TD Ameritrade Offers Professional Development Tools for RIAs
TD Ameritrade Institutional is launching TD Ameritrade Advisor Education, a customizable learning management system for independent registered investment advisers (RIAs).
HELP Panel Hears Support for Auto Features, Education
Witnesses appearing before the U.S. Senate Committee on Health, Education, Labor and Pensions (HELP) Thursday told lawmakers that while the retirement income sufficiency issue in the U.S. is...
SIFMA Asks DoL to Reconsider Fiduciary Definition Change
The Securities Industry and Financial Markets Association (SIFMA) has asked the Department of Labor (DoL) to reconsider its proposed rule that would redefine the term “fiduciary” under the...
Wells Fargo Offers Resource Center for Advisers
Wells Fargo Institutional Retirement and Trust launched a Web site to help advisers avoid “information overload” when it comes to selecting a plan provider.
ERIC: Fiduciary Redefinition Could Discourage Assistance
The ERISA Industry Committee (ERIC) warned the Department of Labor (DoL) about the unintended consequences that can result from broadening the definition of fiduciary.
TD Ameritrade Settles with SEC over Reserve Fund Charges
The Securities and Exchange Commission (SEC) has charged TD Ameritrade for failing to reasonably supervise its registered representatives, some of whom misled customers when selling shares of the...
SEC Charges AXA Rosenberg Units with Securities Fraud
The Securities and Exchange Commission (SEC) has charged three AXA Rosenberg entities with securities fraud that led to $217 million in investor losses.
ING Expands Fiduciary Service Program
ING’s U.S. Retirement Services business is expanding its program for researching, selecting, and monitoring plan investments to support more types of employers.
Teucrium Trading Unveils Commodity ETFs
Teucrium Trading is introducing two, single-commodity exchange-traded products for the energy space.
Russell Introduces Stability Indexes
Russell Investments announced the launch of the Russell Stability Indexes.
Interest in Stocks to Grow in 2011
The mutual fund industry has benefited this past year from moderately improved investor confidence, rising stock prices, rapid fund innovation, and evolving leadership among fund managers, notes a...
Transamerica Names Regional Vice President
Transamerica Retirement Services has hired Steve Marsh as regional vice president in the company’s Southern Region.
Towers Watson Announces Investment Team Changes
Towers Watson has hired Michael Hall as West Division Investment Leader.
MSSB Offers Benchmarking Services for DC Plans
Morgan Stanley Smith Barney announced that detailed fee and service benchmarking tools have been added to its defined contribution retirement plans.
Super Bowl Looks to Be a Win-Win – for Stocks
No matter which team wins Sunday, if you’re a stock market fan, it should be a “win-win.”
Money Market Portfolio Data Available from SEC
The Securities and Exchange Commission (SEC) announced that investors will be able to access information that money market funds file with the agency, including its...
Wells Offers Retirement Education Site for Women
Wells Fargo launched a Web site aimed at helping women get more comfortable with retirement savings issues.