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That Tax Statement May Not Be In the Mail – Yet
You may have noticed that those year-end tax statements aren’t showing up as soon this year – but the Internal Revenue Service (IRS) says they should be more...
TD AMERITRADE Upgrades Technology Platform for Advisers
TD AMERITRADE Institutional released Veo Next Generation, the first in a series of enhancements to its technology platform.
DoL Provides Guidance for Madoff-Maimed Plans
With an expanding list of retirement plans snared by investments tied to Bernard L. Madoff, the Labor Department has published some guidance for plan fiduciaries.
McClatchy Suspends 401(k) Match
Newspaper chain McClatchy joins the ranks of other struggling media companies by suspending its 401(k) match.
Hearing about Solis Nomination for DoL Held Up
The pending nomination of U.S. Representative Hilda Solis (D-California) as Department of Labor (DoL) secretary was put off after word that her husband has paid $6,400 to settle...
Many RIAs Report Firm Growth
In the last six months, 60% of surveyed independent registered investment advisers (RIAs) reported an increase in clients, many of which are coming from broker/dealers and wirehouses.
INTECH Puts Market Neutral Strategy into Gear
INTECH Investment Management LLC has announced the formal launch of its Market Neutral strategy.
PIMCO Fund Seeks to Benefit from Shifts in Global Economy
PIMCO has launched the PIMCO Global Advantage Strategy Bond Fund, "designed to help fixed-income investors seize opportunities created by dramatic shifts in the global economy."
Q408 Dark Time for Equity Investors
The fourth quarter of 2008 was not a good time for equity investors, according to the latest Mercer 2008 Defined Contribution Universe Summary data.
Would-Be Retirees Plan to Work Longer
Delaying retirement is one of several life adjustments pre-retirees are making to weather the current economic climate.
Blackberry Maker Settles Options Backdating Case
Blackberry maker Research in Motion (RIM) has worked out a settlement of stock options backdating charges with the Ontario Securities Commission (OSC).
Huntington Bank Cuts 401(k) Match
Huntington Bancshares has announced actions it will take to get on more sound financial footing, including cutting company match contributions to its 401(k) plan.
Wynn Resorts Calls Off 401(k) Match
Las Vegas resort company Wynn Resorts has joined the legions of employers suspending their 401(k) match.
Another Newspaper Announces Match Suspension
The St. Petersburg Times has joined the ranks of newspapers freezing pay and suspending 401(k) plan company match contributions.
Van Kampen Fund Offers Actively Managed Global Diversification
Van Kampen Funds Inc., a subsidiary of Van Kampen Investments Inc., has announced the launch of the Van Kampen Global Tactical Asset Allocation (GTAA) Fund.
The 403(b) Company Can Help with Plan Audits
The 403(b) Company offers a 403(b) Administrator service that can help sponsors get through Internal Revenue Service (IRS) and Department of Labor (DoL) plan audits.
DoL Suggests Advice Rule Delay
The U.S. Department of Labor (DoL) has proposed putting off the implementation of its recently released investment advice rule.
Ark. Hospital Firm Trims 401(k) Match
An Arkansas hospital company has trimmed its 401(k) match as part of a general cost-cutting effort.
Invesco Aim Launches New 401(k) Review Tool
Invesco Aim launched an enhanced Invesco Aim PlanForward Module 3 Benchmarking and Reviewing 401(k) Plans.
Evercore Asset Management Adds Core Equity Team
Evercore Asset Management, LLC (EAM), an institutional money manager specializing in small- and mid-cap equities, announced the addition of a small- and mid-cap core team to the firm.