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Principal Tacks on Interactive Guide to Client Program
Principal Financial Group released a tool to help financial professionals walk clients through retirement planning.
Lincoln Offers Morningstar Managed Accounts Service
Lincoln Employer Markets, a division of Lincoln Financial Group, launched Morningstar Retirement Manager, including Morningstar Associates’ 401(k) managed accounts service.
Ascensus Releases EGTRRA-Compliant Documents
Ascensus updated its Plan Adoption System (PAS) to provide plan documents that are compliant with the Economic Growth and Tax Relief Reconciliation Act.
Court Sides with Dell in Company Stock Suit
A district court ruled that the Dell Inc. 401(k) Plan did not violate fiduciary duties by allowing more than half of the assets to be invested in company...
NFP Appoints President of PartnersFinancial
John Irvin has been appointed president of PartnersFinancial, one of National Financial Partners Corp.’s (NFP) national membership organizations, the company said.
FundQuest Rolls out Additions to Wealth Architect Platform
FundQuest added five new products to their Wealth Architect platform, including investment product ActivePassive Portfolios, the company said.
Retirement Savings Accumulation Boosted by PPA
EBRI research says auto enrollment produces improved retirement savings results.
Ameriprise to Acquire J.&W. Seligman
Ameriprise Financial, Inc. has agreed to acquire asset management firm J.&W. Seligman&Co. Incorporated.
Janus Boosts Stake in Value Manager
Janus Capital Group Inc. has announced plans to pump another $90 million into U.S. value manager Perkins, Wolf, McDonnell and Company, LLC.
Russell Reconstitution Restocks with 1,242 Additions
There are some changes in store for those who rely on Russell Indexes as a performance benchmark.
PowerShares Renames Group of ETNs
Invesco PowerShares and Deutsche Bank renamed 11 recently listed long and short Agriculture, Gold, and Commodity exchange-traded notes (ETNs) linked to variations of the Deutsche Bank Liquid Commodity...
IMHO: “Diss″ Ingenuous
Over the past several years, it has become “fashionable″ in some quarters to bash the workplace retirement savings plan; most frequently, the 401(k).
Vietnamese Firms Make Russell Index Cut
Russell Investments has added companies in Vietnam to the Russell Global Index for the first time.
National Save for Retirement Week Set for October
In order to encourage Americans to make saving for retirement an everyday event, the government is set to dedicate a whole week to it.
Wealthy Americans Take Bearish Stance
Affluent investor and millionaires showed sagging optimism in the month of June, according to results of Spectrem’s indexes.
S&P Changes Include Expansion of Global Equity Index
The S&P /Citigroup Global Equity Indices will be combined with the S&P /IFCG and Frontier Index Series to form the S&P Global Equity Indices.
Former UBS Broker Sues Firm
A former UBS broker filed a lawsuit against the firm, alleging it forced him to resign for cooperating with regulators, the Boston Globe reported.
Franks Givings
When it comes to the best Major League Baseball hotdogs, it’s a tale of two cities.
Lucido Leaves Watson Wyatt to Lead New Fidelity Practice
Bob Lucido joined Fidelity Investments as a senior vice president in charge of a newly created Human Resource Strategy practice for Fidelity’s Consulting Services business, the company said.
Taking a Closer Look at Target-Date Funds
A consultant at Russell Investments offers 12 nuggets of advice for selecting target-date funds for DC plans.