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S&P Index Targets Companies with Low Carbon Footprints
Standard&Poor's announced the launch of the first in a series of global low carbon indexes to meet investor demands for environmentally focused indexes.
Vanguard Closes Door to ‘Safest’ Investments
The Vanguard Group closed its Treasury money market funds to new investments.
Milwaukee Museum Trims 401(k) Match
The Milwaukee Public Museum's 401(k) match will be suspended through August, which will provide a $146,000 savings.
Target-Date Investors: Younger, with Lower Salaries
Those in target-date funds are younger, make less money, and have smaller account balances than those not choosing the options.
iShares To Publish ETF Guide for Advisers
Barclays Global Investors (BGI) introduced a resource for financial advisers to identify third-party managers (TPMs) who offer model ETF portfolios.
Calamos Investments Renames Two Funds
Calamos Advisors LLC said that Calamos Global Funds PLC has renamed two of its UCITS funds.
Investment Guarantees Important in Economic Downturn
Eight in ten of those in a recent MetLife poll said they place more importance on guarantees and the stability of their investments than on the level of their...
High Court Takes on Investment Adviser Fee Dispute
The U.S. Supreme Court agreed to consider whether the level of fees paid to investment advisers to mutual fund companies can violate the Investment Company Act.
NorthStar Rolls Out Wealth Planning Software
NorthStar Systems International, a provider of wealth management software solutions, unveiled the NorthStar Integrated Wealth Planning Solution.
Benefits Consultant Sobelman Joins Lockton Northeast
Pauline Sobelman has been appointed vice president—benefits consultant for Lockton in the firm’s northeast operations, based in New York City.
Study: Financial Planning Brings in More Revenue
Holistic financial planning has been hailed by many industry studies as the way the advisory industry is moving—and new research suggests it could also be more lucrative.
IMHO: “Passing″ on the Ammunition
A couple of months ago, I started getting e-mails from readers curious about the announcements of plans reducing and/or suspending their matching contributions.
Former SunGard General Counsel Joins ASPPA
The American Society of Pension Professionals&Actuaries (ASPPA) announced that attorney Craig Hoffman is joining the staff as general counsel and director of regulatory affairs.
Mutual Funds See Inflows in January
Stock and bond funds experienced net inflows of $22.3 billion in January, according to the Financial Research Corporation (FRC).
OppenheimerFunds Reorganizes Retail Retirement Business
OppenheimerFunds has combined all segments of OppenheimerFunds’ retail retirement businesses into one unit and appointed Kathleen Beichert to lead it.
SPARK Answers More Questions about Info-Sharing
The SPARK Institute has announced additions to its Q&A Web site regarding its 403(b) Plans Information Sharing Data Elements Best Practices.
UTC Gets Legal Victory in Excess Fee Case
Another employer hit with a 401(k) excess fee suit has walked off with a decisive victory.
What Is a Target Date?
Since the inception of target-date funds, it has been debated whether the ‘target date’ is the end or just a bump in a road.
Deutsche Bank Sued by Merrill over Hiring ‘Raid’
Merrill Lynch has sued Deutsche Bank, calling its poaching of a group of 12 employees that had collectively 'generated tens of millions of dollars in annual revenues for...
Davis to Anchor CAPTRUST West Coast Expansion
CAPTRUST Financial Advisors has reached out in another direction for its second big acquisition of 2009.