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Albridge Solutions Makes Accounting and Reporting Solution More Flexible
Albridge Solutions Inc. has added internal rate of return (IRR) and daily time weighted return (DTWR) rates calculations to its Albridge Wealth Reporting portfolio accounting and performance reporting...
PNC Adds Genworth Annuity
PNC Institutional Investments has added Genworth’s ClearCourse group variable annuity as a 401(k) option on PNC’s platform.
SurePayroll Unveils Online 401(k) Product
Payroll provider SurePayroll has come out with an online 401(k) program for small business employers.
Money Manager Teams with Wilshire for Lifecycle Funds
Los Angeles-based money manager Payden&Rygel has launched a series of target maturity funds using the investment research of Wilshire Funds Management.
Fidelity Taps Lawson as President of FMR Corp.
Fidelity Investments announced on Monday that it had tapped Rodger A. Lawson as president of FMR Corp., Fidelity's holding company.
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.