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S&P Sells Fund Data Biz to Morningstar
Standard&Poor's is selling its mutual fund data business to Morningstar, including mutual fund data on performance, rankings and holdings on more than 135,000 funds in over 30 countries,...
Focus on Plan Fees and Revenue Sharing to Continue
Retirement plan advisers can anticipate a continued focus on fee transparency in the coming months.
Are YOU an E-Mail E-ddict?
It used to be that a messy desk was considered to be the sign of a cluttered and inefficient mind (at least by so-called efficiency experts).
Bettinger to be Schwab President
Charles Schwab Corp. has tapped Walt Bettinger II, head of its investor services unit, as president and chief operating officer.
Wisdom Tree Launches Six Earnings-Weighted ETFs
A New York investment company has unveiled six domestic earnings-weighted ETFs that are scheduled to be listed on the American Stock Exchange on Friday.
ETFs and Income Growing Components of Portfolios
Investors increasingly turn to income investments and exchange-traded funds (ETFs).
Financial Advice Underutilized in Retirement Planning
Only 10% of U.S. adults planning to retire have worked with a financial adviser to develop a plan.
Most in Gen X Saving for Retirement but Not in IRAs
Generation Xers might be more likely to save for retirement if IRAs were simpler.
More DC Participants Means More Questions
An anticipated 20% increase in defined contribution (DC) participants between 2007 and 2011 means a pool of 9.6 million people with potential questions regarding their plan, according to...
Tackling the Retirement Income Arena Requires New Processes
Financial services forget that people planning for retirement income need to balance the risk of living long with the possibility that they won’t, according to Robert Del Col,...
Ameriprise Introduces Risk-Managed Portfolio Series
Ameriprise Financial, Inc. has launched two new series of actively managed account portfolios.
Teachers Sue MetLife, Consultant for Rigging 403(b) Options
Several Indiana teachers have filed what could become a class-action lawsuit, accusing MetLife and a financial consultant of rigging their 403(b) investment options.
IMHO: “Never, Ever″ Land
It’s an undisputed fact that the vast majority of retirement plan participants never rebalance their accounts.
Retirement Coaches “Suiting Up″
As the nation’s workforce ages, a new study suggests that one in five advisers are already positioning themselves as “retirement coaches.″
Trading Analysis Leads to Auto 401(k) Rebalancing Call
A new study suggests that automatic portfolio rebalancing programs can make a significant contribution to retirement savings.
Fidelity 06 Earnings Down 11.3% in Competitive Market
Fidelity Investments reported that its 2006 net income was off by11.3% - its first profit drop in four years - as it scrambled to keep up with rivals,...
PowerShares and Deutsche Bank Team Up on Two Currency-Based ETFs
Deutsche Bank and PowerShares Capital Management LLC today announced their collaboration on two currency-based exchange-traded funds (ETFs).
NYSE Gets 16 iShares ETFs from the American Stock Exchange
Sixteen new iShares exchange traded funds (ETFs) have transferred listings to the New York Stock Exchange (NYSE) from the American Stock Exchange, completing a previously announced deal.
Schwab Puts Out Portfolio Product for Advisers, TPAs
Charles Schwab has launched the Schwab Advisor Portfolio, aimed at advisers and third party administrators (TPAs) interested in customizing the investment choices of their client plans, including adding...
NASD Charges Prudential Brokers with Aiding Deceptive Market Timing
The National Association of Securities Dealers (NASD) has charged two former Prudential Securities Inc. (PSI), brokers in Utah for aiding a hedge fund manager’s deceptive practices to market...