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Morgan Stanley Adds Transamerica to List of 401(k) Providers
Transamerica Retirement Services has been added to Morgan Stanley’s roster of 401(k) providers.
Wachovia Offering New Retirement Income Solution
Wachovia Retirement Services (WRS) said Monday that it is now offering Income Solutions, a program that allows participants to buy an annuity as part of an IRA rollover.
CAPTRUST Snaps Up Raleigh Advisory Firm
CAPTRUST didn't have to look far for its latest acquisition.
UBS Settles Fee-based Brokerage Account Suit with NY Attorney General
UBS has reached a $23.3 million settlement agreement with New York Attorney General Andrew Cuomo to quell allegations that the investment bank engaged in ‘steering customers into the...
Goldman Taps Peter Scaturro to Lead Global Private Wealth Operation
Goldman Sachs Group Inc. has hired former U.S. Trust Chief Executive Peter Scaturro, 47, as the global head of its private wealth management business.
PLANSPONSOR to Commence Fourth Year of Honoring Advisers
This September, PLANSPONSOR will again open its annual nomination process for its Retirement Plan Adviser and Adviser Team of the Year awards.
What’s In a Name?
That which we call a rose by any other name might smell as sweet – but that doesn’t mean you can call it a rose.
IMHO: Question “Marks″
Without question, asset-allocation solutions—particularly target-date fund solutions—are well on their way to becoming a dominating force on retirement plan menus.
IMHO: Question “Marks″
Without question, asset-allocation solutions—particularly target-date fund solutions—are well on their way to becoming a dominating force on retirement plan menus.
Next Generation of Lifecycle Funds Offers Improvement
Advisers should not view the prevalence of lifecycle funds as a threat to their business, said Barbara J. Best, Vice President, Investments, Capital Strategies Group of Wachovia Securities;...
Federal Laws Don’t Offer Clarity on Retirement Age
Workers who are confused about when to retire cannot look for clarity from Social Security, Medicare, and pension laws, because those three groups offer conflicting incentives to retire...
BISYS Acquires Frontier Trust Company
BISYS Retirement Services has acquired Fargo, North Dakota-based Frontier Trust Company from AXA Financial, Inc.
Who Has the Best Wholesalers?
Financial advisers are most satisfied with wholesalers from GE Asset Management, BlackRock, and Russell Investment Group.
WisdomTree to Launch Emerging Markets Dividend-Weighted ETF
WisdomTree Investments, Inc. has announced that the WisdomTree Trust will launch a new dividend-weighted exchange-traded fund (ETF) on the New York Stock Exchange on July 13.
Emerging Markets Perform Well in Q207
Second quarter returns of the world’s emerging markets outpaced that of the developed markets, according to Standard&Poor’s global stock market review, The World By Numbers.
'Human Capital' Asset Allocation Concept Gets Patent
Ibbotson Associates has received a patent on its portfolio creation technique for individual investors based on the concept of human capital - an investor’s future potential savings.
New COO/CFO for MassMutual Retirement Income
MassMutual Retirement Income (MMRI) has tapped Douglas. G. Russell, 47, as senior vice president, chief operating officer (COO) and chief financial officer (CFO).
GIAC Offers Managed Account QDIA
The Guardian Insurance&Annuity Company, Inc. (GIAC) has announced it is now offering plan sponsors a managed account as a qualified default investment alternative (QDIA).
FundQuest Introduces Tool for Retirement Income Advisory Services
FundQuest has rolled out a platform that enables financial advisers to deliver advanced planning, implementation, and monitoring services to help investors achieve sustainable income during retirement.
SEC Proposes INVESCO Market Timing Distribution
The Securities and Exchange Commission (SEC) has filed a proposed plan to distribute money in a Fair Fund as part of the agency’s market timing case against INVESCO...