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Affluent Boomers Express Top Retirement Concerns
Although more affluent investors are choosing to work in retirement to supplement their income, few are choosing to meet more often with their adviser, a study by Cogent...
IMHO: Time Enough?
My dad has been on my mind a lot of late—for no particular reason that I’ve been able to identify.
Schwab Expands Target-Date Collective Trust Fund Offering
Charles Schwab introduced the Schwab Indexed Retirement Trust Funds to the Charles Schwab Trust Company offering of target-date collective trust funds for retirement plans.
Web Application Serves as Link Between Advisers, Clients
Advisor Products Inc. (API), launched a Web site to manage communications between financial advisers and their clients.
Mahoney&Associates Appoints Hooban as Qualified Plans Specialist
Mahoney&Associates, a privately held compensation and benefits management firm, hired David Hooban as qualified plans specialist.
ETF Portfolio Solutions Hires Koehler as CIO
ETF Portfolio Solutions, Inc., an RIA firm specializing in exchange-traded funds (ETFs), brought aboard William Koehler as CIO.
Fidelity Taps Wilens for Head of Asset Management
Fidelity Investments turned to Thomson Reuters executive Michael E. Wilens to fill the new position of head of asset management.
Lifecycle Funds: the QDIA of Choice?
Nearly eight in 10 (78%) employers surveyed by Fidelity Investments already offer a QDIA, with most (63%) holding lifecycle funds as the QDIA.
TIAA-CREF To Help Draft 403(b) Documents
TIAA-CREF is now ready to help clients prepare written plan documents newly required for some 403(b) plans.
Ibbotson Retirement Strategy Selected by Transamerica's SecurePath
Ibbotson Associates will provide customized portfolios for SecurePath by Transamerica, a service of Transamerica Retirement Management, Inc.
Retiree Longevity Risk Heightens
The risk of outliving savings in retirement is now a little greater as preliminary data for 2006 shows that life expectancy hit another record high.
New Putnam CEO Has 'Winning' on His Mind
Putnam President and CEO Robert J. “Bob″ Reynolds said in a conference call he approaches his new role with one thought in mind: “winning.″
MassMutual Allows Online 401(k) Sign-Up
MassMutual’s Retirement Services Division unveiled a Web site feature giving participants easy sign-up for their 401(k) plan.
PowerShares To List Frontier Countries Portfolio ETF
Invesco PowerShares expects to list the frontier countries portfolio exchange-traded fund (ETF), designed to provide investors access to equity markets in the Middle East and North Africa.
Schwab Platform To Aid Adviser Transition to Independence
Schwab Institutional announced enhancements to its package for start-up registered investment advisers (RIAs).
Advisers Tell Clients To Keep Assets Put
Even in tough markets, advisers resist client urges to move assets, according to the most recent SEI Advisor Network Quick Poll.
ProShares Launches Two Short ETFs in Energy, Financial Sectors
ProShares announced new funds that leverage desirable exposure to the oil and financial sectors.
Fidelity Alum Reynolds to Lead Putnam Investments
Former Fidelity COO Robert L. “Bob″ Reynolds has been named President and Chief Executive Officer of Putnam Investments.
Now You Tell Me…
Beginning June 21, you will have to show identification to get past the security checkpoint at airports.
Advisers Report ETF Uptake
Financial advisers across all segments see ETFs as the most innovative investment vehicle of the last two decades, according to a State Street study.