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Stocks Down in Feb. but Equity Inflows Continued
The equities markets may be on a long-term fritz, but that hasn’t stopped fund investors from taking stock positions in their portfolios, according to new Strategic Insight data.
SPARK Institute Wants Extension for New 403(b) Regs
The SPARK Institute has filed a 13-page comment letter with the Internal Revenue Service (IRS) about the new 403(b) retirement savings plan regulations, asking for an extension of...
NYC Comptroller to Look at Bear Stearns Role in Pension Loss
New York City comptroller William Thompson said he will investigate whether the failure of Bear Stearns&Co was due to miscalculation or deception.
SSgA Launches First International Inflation-Protected Bond ETF
State Street Global Advisors (SSgA), the investment management arm of State Street Corporation, announced that the SPDR DB International Government Inflation-Protected Bond ETF (Ticker: WIP) began trading on...
Thrivent Offers Service to Help Retirees Make Income Last
Thrivent Financial for Lutherans is launching a customized service to help retirees actively manage their invested assets and spending in retirement.
Thrivent Offers Service to Help Retirees Make Income Last
Thrivent Financial for Lutherans is launching a customized service to help retirees actively manage their invested assets and spending in retirement.
JennisonDryden Launches New Long/Short Strategy Fund
JennisonDryden Mutual Funds has recently launched the Dryden US Equity Active Extension Fund (Ticker: DUEAX), managed by Quantitative Management Associates (QMA).
Many Wonder How to Start Saving
Although the majority of people think about what they will need to have saved for retirement, there is confused about how to determine what their lifestyle in retirement...
Advisers Unable to Quell Health Care, Inflation Fears
Nearly half (46%) of pre-retirees and more than one-quarter (28%) of retirees who use financial advisers surveyed reported that neither they nor their adviser have developed a formal...
Chernoff Diamond Joins M Financial Group Member Firms
M Financial Group announced that Garden City, New York-based Chernoff Diamond&Co., LLC, has become a Provisional Member Firm.
401kDIRECT and EPIC Advisors Team up to Offer CIFs
401kDIRECT, founder of the CIF Marketplace, and EPIC Advisors, Inc. have introduced an expanded service offering combining back office administration with the ability to access multiple collective investment...
Nationwide Helps Advisers Grow Retirement Plan Business
Nationwide Financial has launched a new Web site to provide investment professionals with tools and resources they can use to help build their retirement plan business.
IMHO: Marshal Law
When a co-worker forwarded to me an e-mail about Eliot Spitzer’s alleged tie with a prostitution ring last week, I thought it was a joke.
IMHO: Marshal Law
When a co-worker forwarded to me an e-mail about Eliot Spitzer’s alleged tie with a prostitution ring last week, I thought it was a joke.
IRS Details Simplified Determination Letter Application Process
The Internal Revenue Service (IRS) has issued Announcement 2008-23, which lays out a new simplified process for obtaining determination letters for pre-approved defined contribution plans.
Sponsors Lack Confidence About Plan Fees
Plan sponsors may say they are comfortable with fee disclosure efforts as they exist now, but a new study asserts that many of them are racked with under-the-surface...
ING Lays out Action Plan for 403(b)
ING presented information during a Web cast on Friday that gives sponsors, and the advisers who help them, an outline of the impact of the 403(b) regulations and...
New Firm Enters Individual 401(k) Market
A new firm that focuses on the entrepreneurial company’s need for impartial advice on retirement planning has entered the market.
Bear’s Ills Draw Company Stock "Investigation"
It didn’t take long for the news from Bear Stearns to draw the attention of the plaintiffs’ bar.
Advisor Resources Introduces New Rider for its Variable Annuity
Monumental Life Insurance Company has introduced the Architect Rider, an optional guaranteed lifetime withdrawal benefit (GLWB), available on the no up-front sales load Advisor’s Edge Variable Annuity.