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Traditional Retirement Products Being 'Phased' Out
New retirement income products must emerge to fit new retirement models.
Annuities Are an Anti-Depressant
People with annuities show fewer symptoms of depression.
Industry Must Change to Accommodate Marketplace
In the retirement income arena, the best products won’t necessarily prevail.
Morningstar’s New Managed Portfolios Based on Indexes
Morningstar Investment Services (MIS) launched a managed account service consisting of individually customized stock portfolios based on its own indexes and independent equity research.
Global Equity Picture Is Mixed in January
Emerging markets dropped by 0.11% over the month of January, while developed markets gained 1.20%, but developed market returns trailed emerging markets for both the three- and 12-month...
Merrill Hires Former Representative Ford
Former U.S. Representative Harold E. Ford Jr. has been hired by Merrill Lynch&Co.
Time for a Change?
You may have noticed that the days are getting longer – but are you ready to spring forward?
Rydex Hopes Investors Have a Yen for a New ETF
Shares of the first yen-based exchange traded fund (ETF) have begun trading on the New York Stock Exchange.
AIG SunAmerica Partners with TPA PAi
AIG SunAmerica Retirement Markets has announced a partnership with plan administrator PAi, Inc., as part of AIG’s Polaris401 (k) program for small- to medium-sized companies.
Great-West to Offer RolloverSystems to Participants
Great-West Retirement Services is piloting a system that will allow retirement plan participants to roll their assets into an individual retirement account (IRA) through a partnership with RolloverSystems.
XShares Creates ETFs with NY Firm
XShares Advisors LLC has announced its agreement with Elliott Wave International, Inc. (EWI) to create exchange traded funds (ETFs) based on technical methods developed or validated by EWI.
AIG VALIC Expands Advice to Participants in Retirement
AIG VALIC’s independent advice and managed-account platform has been expanded for the distribution phase of retirement.
New Payroll Alliances Announced for The Online 401(k)
The Online 401(k), a provider of full-service Web-based 401(k) plans for small and single-person businesses, has signed more than 40 strategic alliances with independent payroll providers across the...
SunGard and WMSI Launch Marketing Alliance
SunGard has announced a joint marketing agreement between its ProNvest and Signix business units with Wealth Management Systems Inc. (WMSI), a provider of technology-based rollover services.
NASD Fines Three Distributions for Non-Cash Comp Violations
NASD has fined three investment distributors a total of $700,000 for violations of NASD's non-cash compensation rules, including improperly providing entertainment and paying for guest expenses at training...
New 401(k) Uses ETFs as Primary Investment Option
National Planning Corporation (NPC) has launched a 401(k) plan program for small and mid-sized companies that uses exchange-traded funds (ETFs) as its primary investment option.
Retirement Plan Participation Declines
Despite steady access to retirement plans, the number of working family heads that participated in their employer’s retirement plan dropped more than 2 percentage points from 2001 through...
ETFs, Lifecycle Funds May Be a Winning Combination
Two hot retirement plan trends appear to be converging in a way that could dramatically alter the investment management complexion of 401(k) plans: exchange-traded funds and lifecycle funds.
IMHO: An Inconvenient Truth
There appear to be two great debates of our time—Is global warming (oops, I mean global climate change) real? and How much do people need to save for...
UBS Seeking Both Assets and Advisers in Ultra-High Net Worth Market
By the end of 2010, UBS, the world's largest money manager, plans to have $250 billion in ultra-high net worth client assets under management, and about 400 advisers...