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The IRS to Issue a How-To for PRA Funding Relief Elections
The Internal Revenue Service (IRS) said it will be issuing detailed guidance about the special funding rules for single-employer defined benefit plans in the recent Pension Relief Act...
Less Active Investors Seeking Help
Fidelity Investments has released research data that finds varying investor reaction and behavior to the ongoing market volatility.
Janus Announces Co-Managed Income Fund
Janus Capital Group has unveiled the Perkins Value Plus Income Fund (JPVAX).
Greenwich Investment Management Gets New President
Greenwich Investment Management, Registered Investment Advisors, announced that Lawrence W. Doyle has been appointed President and Chief Operating Officer.
Private Equity Sees Modest Gain in Q1 2010
For the quarter ended March 31, 2010, the State Street Private Equity Index posted a 2.22% return.
401(k) Rekon Opens AZ Location
401(k) Rekon, a Wilmington, North Carolina-based provider of adviser research and education, has opened an office near Phoenix, Arizona, the company announced.
ConvergEx Turns to Pettiford for Chicago Sales Job
ConvergEx Group has named Jeff Pettiford as a senior vice president in Plan Sponsor Sales.
Fixed Income ETFs Continue Growth
Exchange traded fund (ETF) industry assets in the U.S. decreased 0.4% during the first half of 2010, as investors held $772 billion in 897 ETFs as of June...
Women More Optimistic about Financial Future
A new nationwide survey issued by Citi shows there is a widening divide between men’s and women’s outlook for the economy and their own financial situations.
Older Investors Most at Risk with Retirement Finances
Those closest to retirement are at the greatest risk of depleting their nest egg, but not as many fall into this category as was the case in 2003.
MassMutual Appoints Two to Serve TPA Market
MassMutual Retirement Services Division has appointed two new third-party administrator (TPA) relationship managers.
Are You Sitting to Death?
If you sit at a desk, in meetings, or in a car most of your work day, you should know that the longer you sit, the shorter your...
Pulse Logic Releases TPA Study
While 10% of third party administrators (TPA) perform daily valuations on all their plans, 33% of TPAs perform daily valuations at some level, according to a new Pulse...
Barclays Launches Retirement Income Notes
Barclays Capital has announced the launch of Barclays Retirement Income Notes.
Sheridan to Manage NJ Branch for Raymond James
Raymond James & Associates recently recruited Tim Sheridan to be the firm’s New Jersey complex manager based in the Red Bank office.
Dupre Tapped for Citizens Brokerage Unit
Citizens Financial Group (CFG) announced the appointment of Dawn Dupre as President of its full-service brokerage and investment adviser unit, CCO Investment Services Corp.
Study Indicates Costs Influence Investor Selections
The general investing public has realized that costs matter when selecting mutual funds or exchange-traded funds (ETFs), according to a recent Vanguard Group study.
AUL Hires Regional Sales Director in Florida
American United Life Insurance Company (AUL), a OneAmerica company, has appointed James Gilligan to the position of regional sales director in the Orlando, Florida-based regional retirement services office.
Putnam New Hire to Drive New Generation of Investment Products
Putnam Investments has hired a recognized academic to help drive development of a new generation of investment products aimed at mitigating investment risk factors.
Advisers Play an Important Role in Affluent Employees’ Retirement Planning
The latest Merrill Lynch Affluent Insights Quarterly finds that among those affluent individuals who work with a financial adviser in or outside the workplace, the majority indicate that...