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SEC Proposes Easing of ETF Regulations
The Securities and Exchange Commission (SEC) has proposed two new rules under the Investment Company Act to allow exchange-traded funds (ETFs) to operate without first getting SEC exemptive...
Retiree Health-Care Costs $225,000
A 65-year-old couple retiring in 2008 will need approximately $225,000 to cover medical costs in retirement, according to new Fidelity Investments data.
Envestnet Unveils Sustainability Product for Advisers
Chicago-based Envestnet has unveiled the Envestnet Sustainability Platform that integrates three major components to incorporate the tenets of sustainability into the process of constructing client portfolios.
Transamerica IDEX Mutual Funds Shortens Name
Transamerica IDEX Mutual Funds has a new name: Transamerica Funds.
Van Kampen Jumps into Target-Date Space
Van Kampen Retirement Strategy Trust today filed a registration statement with the U.S. Securities and Exchange Commission for 10 new lifecycle funds.
Morningstar Announces Tool for Adviser Web Sites
Morningstar has unveiled Morningstar Site Builder, a Web-based platform consisting of Morningstar’s financial adviser tools, content, and reports that investment firms can add to their existing adviser Web...
Fiserv Target-Date Funds Include Claymore ETFs
Claymore Securities, Inc. has announced that eight of its exchange-traded funds (ETFs) are included as underlying investments in the Fiserv Trust Target Date Blueprint Funds.
Firms Offer Values-based SMAs
Parametric Portfolio Associates and IW Financial have teamed up to design customized tax-managed separate accounts strategies for advisers and institutions seeking to incorporate socially responsible, faith-based, terror-free, and...
PA Firm Puts Out Three Revenue-Ranked ETFs
A suburban Philadelphia company has launched three exchange-traded funds (ETFs) on the New York Stock Exchange.
RBC Dain Rauscher integrates B/D, Changes Name
RBC Dain Rauscher has changed its brand name to RBC Wealth Management.
IMHO: The Not-So-Fine Print
If you watch commercial TV (that is to say, TV with commercials), you’ve no doubt been struck by the proliferation of ads for various prescription medicines.
IMHO: The Not-So-Fine Print
If you watch commercial TV (that is to say, TV with commercials), you’ve no doubt been struck by the proliferation of ads for various prescription medicines.
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5.9% Projected Growth in DC Assets
Private-sector defined contribution (DC) will grow at an annual rate of 5.9% from 2008 to 2013, though that is a lower rate compared with previous projections based on...
servicing strategies
A Wise Choice?
Advisers giving advice through the PPA's fiduciary adviser provision must play by rules that still are not final
servicing strategies
Beyond Data Mining
Recordkeeping services can feel commoditized, but the right choice demands careful consideration