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WisdomTree Launches Actively Managed U.S. Current Income ETF
WisdomTree Trust launched an actively managed exchange-traded fund (ETF) holding U.S. money market securities.
New Actuarial Firm Serves Small and Mid-Size Plan Sponsors
Clarity In Numbers, LLC, a new actuarial firm, is now in operation to service small and mid-size private sector and public sector plan sponsors.
ASPPA and COPA to Form ASPPA College of Pension Actuaries
The American Society of Pension Professionals&Actuaries (ASPPA) and the College of Pension Actuaries (COPA) have agreed to join forces with the objective of integrating COPA as a semi-autonomous...
Trade Groups Push for Deere Fee Suit Dismissal
Three trade groups have leaped into the fray over excessive fees in the Deere&Co. 401(k) plan, contending that allowing the suit to continue could support excessive fee litigation.
MBO Cleary Adds John C. Callen to Team
MBO Cleary Advisors Inc., a member of Cleary Gull Holdings Inc., added John C. Callen as a Senior Client Advisor.
Stock and Bond Funds See Inflows in April
Both stock and bond mutual funds experienced inflows in April, while money market funds saw seasonal withdrawals, according to data from Strategic Insight.
John Hancock Funds Upgrades Web Site
John Hancock Funds launched new multimedia technology on its adviser Web site, including video commentary on the markets by portfolio managers.
Retirees Worry About Inflation
A new study from the Society of Actuaries (SOA) finds inflation is the top retirement concern for retirees as well as Baby Boomers nearing retirement.
Lawsuit Claims VALIC Misled W. Va. Teachers
A lawsuit filed in Marshall County, West Virginia, claims public school personnel were duped into moving from the old Teachers’ Retirement System (TRS) into a new Teachers’ Defined...
Bankruptcy Appellate Panel Upholds IRA Assets Exclusion
A 10th U.S. Circuit Bankruptcy Appellate Panel upheld a lower court ruling that the proceeds of debtor’s rolled over benefits from an employee stock ownership plan (ESOP) are...
New S&P Index Offers Exposure to Entire Agribusiness Industry
Standard&Poor’s launched the first index to offer exposure to both equities and commodities across the entire agribusiness industry.
Vanguard DC Plans See Hike In Hardship Withdrawals
While recognizing a significant year-over-year uptick in defined contribution participants taking hardship withdrawals, a new Vanguard Group research report said the trend occurred in only a fraction of...
State Street Launches SPDR Education Center
State Street Global Advisors (SSgA) launched SPDR University, a Web site offering proprietary research and educational materials about exchange-traded products (ETPs), markets, portfolio strategies, and practice management for...
IMHO: The Rest of the Story
Last week, AARP published a report on how economic worries are impacting Americans.
IMHO: The Rest of the Story
Last week, AARP published a report on how economic worries are impacting Americans.
Wachovia Names President of Retirement and Investment Products
Wachovia Corporation said that John Papadopulos has been named President of the Retirement and Investment Products Group (RIPG), one of three businesses within the Capital Management Group.
Prudential Web Site Focuses On Women and Finance
Prudential Financial, Inc., launched a Web site designed to help women achieve financial security.
Advisers Are a Plugged In Bunch
Tech-savvy advisers might appreciate if asset management Web sites stepped up their game, according to a study by kasina asset management consultancy.
National Financial Unveils Multimedia Tools for Brokers and Advisers
The National Financial Broker&Advisor Center portal provides access to more than 100 business and trading resources for brokers and advisers via the Streetscape Workstation.
Fiduciary Responsibility Is Most Important Plan Sponsor Issue
Fiduciary responsibility and fee transparency are at the forefront of important issues in the 401(k) market, an informal survey of retirement plan consultants says.