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Mutual Funds Enjoy Big Comeback in April
Assets in U.S. mutual funds got a 2.9% boost in April to $12.1 trillion, according to the latest Investment Company Institute (ICI) data.
Lincoln Puts Out 403(b) Service Suite
Lincoln National Corp. unveiled a suite of services designed to help 403(b) sponsors comply with Internal Revenue Service (IRS) regulations.
New International Fund Sets Sail at Janus
Janus Capital Group Inc. launched a new international fund.
Pacific Life Names Morris Chairman of Board
James T. Morris, president and CEO of Pacific Life Insurance Company, will now serve as chairman of the board for both parent companies of Pacific Life.
Plans Continue to Embrace Target-Date Funds
A new report says target-date investments of the future are likely to be offered in “multiple flavors″ according to the participant’s risk tolerance.
Symetra Offers Prevention of Outliving Retirement Savings
Symetra Life Insurance Company launched an annuity allowing retirees to buy future income with a portion of their retirement savings.
Forward Management Introduces Institutional Share Class to Funds
Forward Management, LLC, launched institutional share classes for three of its funds.
New York Life Brings 401(k) Services Down Market
New York Life Retirement Plan Services expanded its 401(k) capabilities to plans with $5 million to $30 million in assets under administration.
Political Connections
If you’re looking for a new angle on investments, you might want to pay attention to their politics.
Investors Go International in April
Stock and bond funds experienced net inflows of $24.7 billion in April, according to the Financial Research Corporation (FRC).
Mutual Funds Continue Shift to Fee-Based Sales
Sales of mutual funds continue to move away from the long-established model of paying intermediaries point-of-sale commissions.
Decker Appointed to Lead Evaluation Associates
A Connecticut institutional consultant has tapped Bryan Decker as its new Managing Director and Chief Investment Strategist as part of a top management shakeup.
NRP Offers Customized SalesForce CRM System
National Retirement Partners (NRP) linked with SalesForce.com to develop a customized client relationship management solution (CRM).
Pershing Launches Trust Network for B/D, RIA Customers
Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation, launched Trust Network, offering a wide range of services from trust companies.
Great American Advisors Launches Fee-Based Advisory Platform
Great American Advisors (GAA), in partnership with FundQuest Incorporated, launched a platform in response to adviser demand for fee-based business.
S&P Launches Commodities, Natural Resources Indices
Commodities markets have been thriving of lateâ€″and investors have a new way to benchmark those investments.
Post-Retirement Returns Critical to Retirement Income
A good portion of participants’ retirement income will come from investment returns generated by 401(k) accounts after they stop work, research from Russell Investments says.
National Advisors Trust Appoints Ferguson To CEO
National Advisors Trust named Ronald G. Ferguson, formerly of Results Technology, Inc., as its new CEO.
Securian Launches Adviser Loyalty Program
The new program, called Experience More!, offers “best†Securian Retirement advisers access to additional services.