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RPG Adds Mid Atlantic Trust Co. to List of Approved Custodians
RPG Consultants has added Counsel Trust Company, doing business as Mid Atlantic Trust Company, to the RPG401k platform.
National Financial Integrates Thomson ONE into Streetscape
National Financial announced it has integrated the wealth management capabilities of Thomson ONE into its Streetscape brokerage workstation.
Officials Say Broker Improperly Advised Ending 401(k) Contributions
A Missouri broker who officials charge had improperly convinced investors to stop their 401(k) contributions and refinance their homes to make money available for unsuitable investments has been...
Economic Crisis Pushing Retirements Beyond Age 70
Losses in the financial and housing markets during the economic crisis are causing many seniors to consider retiring at a later age than originally planned.
Schwab Announces Large Cap Growth Addition to Laudus Funds
Charles Schwab Investment Management, Inc. has announced the addition of the Laudus Growth Investors U.S. Large Cap Growth Fund, successor to the UBS U.S. Large Cap Growth Fund,...
Schumer Plan Would Open Savings Accounts for Newborns
U.S. Senator Charles E. Schumer (D-New York) has unveiled a plan designed to help children save money to afford college, purchase a house, and retire.
IMHO: The “Burden″ of Proof
Recently the 7th Circuit responded to requests that it reconsider its opinion in the revenue-sharing/″excessive fee″ case of Hecker v. Deere.
IMHO: The “Burden″ of Proof
Recently the 7th Circuit responded to requests that it reconsider its opinion in the revenue-sharing/″excessive fee″ case of Hecker v. Deere.
Proposed Treasury Legislation Pushes Fiduciary Requirement
The U.S. Department of Treasury has delivered proposed legislation to Congress that would strengthen the Securities and Exchange Commission's (SEC) authority.
EIM Management Names Director of Business Development
Keith Thomas has joined EIM Management USA, the U.S. affiliate of the EIM Group, a fund of hedge funds, as a director, Business Development.
New Indexes Follow Stocks with Good "Momentum"
AQR Capital Management, LLC has launched the AQR Momentum Indices, a new set of indexes that capture the returns of stocks that have positive "momentum."
New Plan Program Provides Access to ETFs
Longview Financial Advisors, LLC, has launched Klear(k), a new retirement plan program that gives plan sponsors a way to access exchange-traded funds (ETFs) through FOLIOfn's investment platform.
Mainstay Adopts Epoch Funds
MainStay Investments has adopted four equity mutual funds managed by Epoch Investment Partners, Inc.
Commissions Expected to Fall for Domestic Equity Trades
U.S. equity brokers said the pool of commission dollars they earn on institutional trades of domestic equities could fall this year by 23%, back to 2007 levels.
Fidelity Adviser Platform Adds Calamos Funds
Fidelity Investments now offers seven Calamos mutual funds on Fidelity Advisor 401(k), Fidelity's financial adviser-sold retirement platform.
Janus Enhances Web Site for FAs
Janus Capital Group Inc. said it launched the newly designed janus.com/advisor, targeted specifically for financial intermediaries.
ING Launches Roundtable for Mid-Market Advisers, Consultants
In an effort to grow in the mid-market space, ING's U.S. Retirement Services operations launched a series of educational roundtable discussions for mid-market retirement plan consultants and registered...
Seligman TargetHorizon Funds Adopt Risk Overlay Strategy
Seligman TargetHorizon portfolios, a suite of target-date funds composed of exchange-traded funds (ETFs) and managed by RiverSource Investments, has introduced a risk overlay strategy to help mitigate portfolio...
Borzi EBSA Nomination Approved by Senate
The U.S. Senate has approved the nomination of Phyllis Borzi as assistant secretary of labor for the Department of Labor’s Employee Benefits Security Administration (EBSA).
U.S. Looks More Pricey
U.S. cities climb on the list of most expensive places to live, according to Mercer’s annual Cost of Living survey.