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Merrill Reshuffles Retirement Group
Merrill Lynch Global Wealth Management announced organizational changes and leadership appointments in its Retirement Group.
Dow Jones Unveils Africa Index
Dow Jones Indexes has launched the Dow Jones Africa Titans 50 Index, a pan-African benchmark that measures the stock performance of 50 companies that are headquartered in, or...
Boomer Business Owners Lax on Exit Planning
A new survey shows that while business owners overwhelmingly recognize the importance of an exit strategy, few actually have one in place.
NovaStar Faces 401(k) Company Stock Suit
Participants claim NovaStar’s 401(k) plan was imprudently invested because of the company's alleged sub-prime mortgage lending practices.
Federal Appellate Panel Clears Two More Cash Balance Plans
In a continuation of a recent trend of federal courts throwing aside cash balance plan challenges, a federal appellate court has cleared two more sponsors of wrongdoing.
SEI Unveils Target-Date Offering
SEI launched a suite of target-date portfolios utilizing collective investment trust vehicles with retirement dates in five-year increments from 2010 to 2050.
Woodbury B/D Appoints SVP of Distribution
Firm veteran Scott Carlson was promoted to lead sales and recruiting for Woodbury Financial Services, a subsidiary of The Hartford Financial Services Group, the company said.
Albridge Introduces Managed Account Reporting Capabilities
Albridge Solutions Inc. unveiled a detailed managed account performance reporting capability on its wealth reporting application.
AIM Global Value Fund Gets New Leadership, Name
Invesco Aim announced today a new team approach for the AIM Global Value Fund.
vWise Launches 401(k) Video-Based Engagement System
vWise Inc. today announced the general availability of SmartPlan 401, a new interactive video-based engagement system.
S&P Launches Global PowerPicks Indexes
The S&P Global PowerPicks indexes will provide exposure to the stock recommendations of Standard&Poor’s Equity Research Services analysts.
Pre-Retirees Will Stay for the Right Reasons
Companies interested in preventing the impending retirement of their Baby Boomer workforce might be able to keep them around with incentives, new Employee Benefit Research Institute (EBRI) research...
Institutional Investors Stick with Alternative Investments
JPMorgan research found that institutions are keeping alternative investment allocations intact.
Prudential Guide Helps with Plan Enrollment Decisions
Prudential Financial, Inc., debuted a newly designed personalized enrollment guide that delivers simplified, reader-friendly content for participants in defined contribution plans who are transitioning to Prudential Retirement or...
PIMCO Announces Bond Fund 'Un-tethered' from Benchmark
PIMCO announced the launch of the PIMCO Unconstrained Bond Fund (UBF), which uses the firm's investment process and is not tethered to benchmark-specific guidelines.
Preferred Retirement Activities Differ by Gender
If men and women pursue their dreams, they will be spending plenty of time apart during their years in retirement.
Women Could Face More Savings Shortfalls than Men
Hewitt Associates research said that not only will women need more retirement savings than men, but the gap between what they need and their savings is greater than...
What You See is What You Putt
Players who have a good golf day might also have judged the hole to be bigger in size, new research says.
Schwab Hosts Adviser Workshops to Tackle Technology
SOLUTIONS 2008, Schwab Institutional’s annual regional workshop series about technology best practices for advisers, kicks off today in Boston.
Advisers Help Keep the Communication Lines Open
A recent Spectrem Group study found that sponsors who use advisers as their main source of contact with providers are talking to providers more than others.