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New Index Benchmarks Environmental Opportunities
FTSE Group, a global index company, on Thursday launched the FTSE Environmental Opportunities All-Share Index.
First Tennessee Partners with FundQuest to Expand Product Offering
First Tennessee Bank, a subsidiary of First Horizon National Corporation, in partnership with FundQuest Incorporated, a provider of managed account services, has launched three new products on its...
The Standard Opens Indianapolis Office
The Standard has opened a new Retirement Plans sales office in Indianapolis, Indiana.
Finding the Right Target
Panelists discussed the issues surrounding QDIA strategies at PLANSPONSOR’s Plan Designs conference in Chicago.
Game Plan: Making 401(k) Plans a Little More Fun
Motivating employees to participate in the plan requires creative strategies—from serving cookies to visiting the oil rig where they perform their job.
Workers Globally Confront Lack of Retirement Preparedness
Many full-time workers in developing and mature economies, not just the U.S., have taken few or no steps to plan for retirement.
Boomers Save the Best for Last in ‘Encore Careers’
A new survey indicates that the Baby Boomers who continue to work past retirement age are not only seeking income, but also social impact and personal meaning.
DB Plans Outperform 401(k)s
Rates of return for defined benefit (DB) pension plans outpaced those for employee-directed 401(k) plans over the last decade, according to an analysis by Watson Wyatt Worldwide.
Fund Managers Don’t Wear Their Own Brand
Morningstar found that mutual fund managers commonly shop outside their own funds.
TIAA-CREF Launches Series of Articles on Maximizing Retirement Income
TIAA-CREF has published its first article in a new series that explores strategies for maximizing retirement income.
Natixis Names Vice President of Institutional Services Division
Natixis Global Asset Management, L.P. (NGAM) announced that Paul C. Anderson has been named vice president of its Institutional Services division.
Union Bank Launches Retirement Income Assessment Tool
Union Bank of California’s brokerage subsidiary, UnionBanc Investment Services, introduced assessment tool Retirement Income Evaluation.
Schwab Rolls Out Two New Laudus Funds
Charles Schwab Investment Management, Inc., (CSIM) is further expanding its relationship with Mondrian Investment Partners Limited to offer two new funds to the Laudus Mondrian lineup.
Mercer DC Participants Obtain ClearCourse Access
Mercer is making group variable annuity ClearCourse available as an investment option for the defined contribution plans it administers.
Cashed-Out Participants Keep Legal Standing Under ERISA
A federal appellate court ruled that employees don’t lose the right to pursue individual claims when they cash out their plan balances.
Tide Shifts for Open-End Mutual Fund Market
For the first time since their creation, open-end mutual fund launches were eclipsed by the combined introductions of ETFs, closed-end funds, and variable annuities in 2007.
John Hancock Steps Up Variable Annuity Product
John Hancock Annuities' Income Plus For Life optional withdrawal benefit rider, available with Hancock’s variable annuities, now offers step-ups quarterly rather than annually.
Wind Energy ETF To Set Sail
First Trust Advisors L.P. unveiled the First Trust ISE Global Wind Energy Index Fund, an exchange-traded fund (ETF) anticipated to begin trading June 18.
JPMorgan Retirement Brings On New Head of Investment Services
JPMorgan Retirement Plan Services announced that Hal Bjornson joined the firm as head of investment services.
Emerald’s Alternative Allocation Strategies Offered on FOLIOfn Platform
Investment manager Emerald Asset Advisors, LLC, said its alternative strategies are now available on the FOLIOfn Institutional platform.