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The Hartford Improves Fiduciary Investment Selection Service
The Retirement Plans Group of The Hartford Financial Services Group, Inc., is instituting a number of improvements to its co-fiduciary investment selection and monitoring service.
Independence Investments Advises New SEI-Managed Collective Funds
SEI offers three new funds to defined contribution and defined benefit retirement plans, sub-advised by Independence Investments LLC.
Managers Push Against Strong Economic Winds
Russell’s Investment Manager Outlook says investment managers are cautious, but not fearful.
FundQuest Adds Member to Investment Management Team
FundQuest hired Adam St. Germain to join as a financial analyst on its investment management team, the company said.
Jefferson Pilot Securities Corp. Will Now Go By Lincoln Financial Securities Corp.
Jefferson Pilot Securities Corp., an independent broker/dealer affiliate of Lincoln Financial Group,changed its name to Lincoln Financial Securities Corp, the company said.
Principal Offers Guides to 403(b) Compliance
Guides from the Principal Financial Group will provide 403(b) sponsors with step-by-step actions to take over the next several months.
Money Manager Launches Energy Fund
American Trust Investment Advisors launched the no-load American Trust Energy Alternatives Fund.
Turner Introduces Broad Market Equity Fund
The Turner Funds introduced the Turner Quantitative Broad Market Equity Fund, a no-load mutual fund that uses its proprietary quantitative model to determine stock selection.
Online Resources Educate About Retirement Scams
FINRA and the International Foundation of Employee Benefit Plans provide resources for employers and employees to prevent retirement scams.
Rogerscasey Acquires Toronto Consultant Firm
Rogerscasey acquired a Canadian investment consulting firm, Perimeter Capital Management Inc. (PCMI).
Bill Aims To Protect Senior Investors
The Senate last week introduced a bill to protect seniors from investment fraud.
Participants at Large Companies Fall Short in Savings
Research from Hewitt Associates found that on average, employees are projected to replace 85% of their income in retirement when they need much more.
National Investment Managers Snaps Up Alaskan TPA
National Investment Managers Inc. closed on the acquisition of Alaska Pension Services, Ltd. (APS).
IndexIQ Fund Offers Investors Hedge Fund-Style Investing
A no-load, open-end mutual fund from IndexIQ is designed to give investors access to hedge fund-like performance.
ETF Assets Up Almost 26% in Last Year
Assets of all ETFs rose in May by $14.36 billion, or 2.4%, to $610.31 billion.
Dow Jones Launches Index for Persian Gulf Stocks
Investors have a new way to track the performance of stocks in the Gulf Cooperation Council (GCC) member states.
What Firms Need to Capture the Mass Affluent
Celent researchers propose strategies for advisory firms to win the fight for the mass affluent.
Lord Abbett Launches International Dividend Income Fund
Lord, Abbett&Co. LLC introduced the Lord Abbett International Dividend Income Fund (LIDAX).
Lifestyle Funds a Big Draw in May
As the equity markets moved higher, participants—at least those who chose to realign their balances—shifted to take advantage.