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Morgan Stanley Smith Barney’s Global Investment Committee hosted a press briefing today to discuss its outlook for 2011.  

Nationwide Financial Services hired five Field Service Representatives (FSRs) for its private sector retirement plans sales force.

Lawyers representing Labor Secretary Hilda L. Solis have asked the 9th Circuit to overturn a three-judge panel's decision embracing the “presumption of prudence” standard often seen in employer...

Russell Investments and Axioma, Inc., a provider of tools for portfolio optimization and risk analysis, have collaborated to deliver a family of five factor-based indexes.

Lincoln Financial Group announced that Sharon Scanlon has joined the company as Vice President and Business Leader for the Large-Market Defined Contribution (DC) business.

Morningstar, Inc. announced that Peng Chen will be taking up the post, leaving his current role as president of Morningstar's Ibbotson Associates unit.

Ascensus is offering fiduciary liability insurance through its sister company, Crump Property and Casualty Insurance Services (Crump P&C). 

A recent survey revealed that plan sponsor perceptions of target-date funds, as compared to other QDIA options, are shifting.

PlanServe Data Systems released a Smartphone application, Relevant Pension Partner, for retirement plan administrators.

Charles Schwab Bank, a trust and custody service provider to 401(k) and other retirement plans, has added the Schwab Institutional Diversified International Trust Fund to its suite of...

John Hancock found that 88% of advisers have urged clients to get back in the investing game, but most are not heeding the advice.

Janus Funds and Pacific Life Funds will now be a part of FundVest, Pershing's no-transaction-fee mutual fund platform.

The Michigan Department of Treasury and TIAA-CREF Tuition Financing, Inc. announced a reduction in fees of the Michigan Education Savings Program (MESP).

Robert Reynolds, President and CEO of Putnam Investments, today discussed why he feels that this is the time for advisers and investors to adopt absolute returns...

SEI Advisor Network today announced a program called No Advisor Fees, No Matter What.

The Financial Industry Regulatory Authority (FINRA) fined Goldman Sachs $650,000 for failing to disclose that two of its registered representatives had received Securities and Exchange Commission (SEC) Wells...

Mary Schapiro, Chairman of the U.S. Securities and Exchange Commission (SEC), said by not regulating markets more aggressively, the SEC didn’t protect investors as well as it should...

Goldman Sachs Asset Management, L.P. (GSAM) added three executives to its defined contribution team to expand the business and strengthen client offerings.

The former CEO of Leading Technology Services Corp. (LTS) was sentenced to prison and ordered to provide $57k in restitution to the company’s 401(k) plan participants.

To mitigate retirement savings losses from the economic downturn, more workers would rather work for a few extra years rather than trying to live on a tighter budget.