Search results for: a
Thomas White Funds Launches Emerging Markets Fund
Thomas White Funds announced the launch of the Thomas White Emerging Markets Fund.
T. Rowe Reduces College Savings Plan Fees
T. Rowe Price and the Education Trust of Alaska announced fee reductions to their College Savings Plan.
Asset Management Business Model Changing Since Downturn
A new study has found that asset management business models are in transition as the industry adapts to dominant investor concerns about liquidity and capital protection in a...
Financial Services Reform Compromise Reached
Last week, members of the House and Senate conference committee announced that they had reached a compromise on the new financial services reform bill.
SPD Language Not a Valid Plan Terms Change
A federal appellate court has ruled that a summary plan description (SPD) could not unilaterally grant a benefit plan administrator the right to make benefit eligibility decisions without...
NM Fund Ponders Aldus Lawsuit
The New Mexico Educational Retirement Board has hired two law firms to represent the teachers’ pension fund in a planned lawsuit against a Dallas money management firm.
IMHO: “Free” Wills
Over the weekend, I reacquainted myself with that episode of the HBO miniseries “John Adams” titled “Independence.”
Court Approves Settlement in Revenue-Sharing Suit
A federal judge has approved a $13.8 million revenue-sharing based settlement between a provider and the 401(k) plans it supports, but lawyers will take nearly half.
Study Says 'Accumulators' Overlooked, Underserved
A new study suggests that many providers are effectively ignoring their own counsel about targeting products, messaging, and communication approaches to distinct demographic segments.
(Yet) Another Law Firm Targets BP
Another law firm has launched an “investigation” of the BP 401(k) plan – and they’re apparently looking for potential plaintiffs.
Consulting Firm Charged with Ponzi Scheme
A Jacksonville, Florida, retirement-benefits consulting firm is facing charges it defrauded government employees through an alleged Ponzi scheme, according to the Securities and Exchange Commission.
Firms Unveil New Index Series
Russell Investments and Research Affiliates have agreed to launch a new index series based on the Fundamental Index methodology.
New Asset Management Target Market: 28 to 64?
The next target market for financial services firms should be those ages 28 to 64 who are intent on accumulating wealth for their future, which may include...
Obama Signs Pension Relief
President Obama has signed into law legislation providing pension funding relief for multi-employer and single employer defined benefit plans.
Retirement Plan Assets Concentrated in Higher Income Families
Individual account retirement plan assets are concentrated in families with higher net worth, higher family income, higher educational attainment, with older family heads, and with white non-Hispanic heads,...
House Passes “Doc Fix” Bill With Pension Relief
The House of Representatives has, by a margin of 417-to-1, passed a bill containing pension relief.
Payden Funds Added to CPI Platform
CPI, a third-party recordkeeping and administration company, has added the Payden family of mutual funds to the firm’s retirement plan platform.
College Mistakes: Financial Advisors List the Worst
A recent study polled financial advisors to discover the worst financial mistakes made by college students.
Standard & Poor’s Licenses S&P 500 to Vanguard
Standard and Poor’s announced today that the S&P 500 Index will serve as the basis of a forthcoming Vanguard Exchange Traded Fund (ETF).