News

A federal judge in Michigan has thrown out a fiduciary breach lawsuit against State Street Bank and Trust filed by General Motors 401(k) participants over company stock-related losses.

Dick Darian has joined the iShares 401(k) team at BlackRock.

A panel at the PLANADVISER National Conference discussed what is happening with regulators and in Congress that will affect retirement plan advisers and their clients.

Brian Davis has been promoted to head of Scottrade Adviser Services, a division of the firm that offers institutional trading and custodial services to independent registered investment advisers...

Russell Investments has launched a new series of benchmarks to reflect the global frontier market.

State Street Corporation has enhanced its wealth manager services capabilities.

An audit report claims the Department of Labor’s Employee Benefits Security Administration (EBSA) could do more to protect retirement plan assets from conflicts of interest.

State Street Corporation announced that Samuel Cole will join the company next month as executive vice president and deputy head of State Street’s e-Exchange business.

Former Mercer outsourcing principals Peter Gosselin, Shawn Charles, and Julie Doran have formed Gosselin Consulting Group LLC, an independent, full-service institutional investment consulting firm.

The 2010 Rydex|SGI “Annual AdvisorBenchmarking Study” showed that the majority of advisers surveyed (71%) advocate using alternative investments for their clients.

Great-West Retirement Services has appointed Tom Masteller as regional sales director for the Pittsburgh marketplace.

Charles Schwab has created a Twitter account specifically designed for independent registered investment advisers (RIAs).

Teachers Insurance and Annuity Association of America (TIAA) has acquired a controlling interest in Westchester Group, Inc., an independent agricultural asset manager.

Loomis, Sayles has launched the Loomis Sayles Multi-Asset Real Return Fund (MARYX), featuring multi-asset class diversification designed to counter potential global inflationary environments, such as classic inflation, debtflation,...

As planned, Aon Corporation completed its merger of Hewitt Associates, Inc. with a subsidiary of Aon, creating Aon Hewitt late in the day Friday.

I’ve long had an issue with weight scales, for the perhaps obvious reason that, these days, they frequently deliver a message I’d just as soon not receive.   

A new report finds that while many participants aren’t yet on track to meet their retirement savings goals, a combination of plan design changes and...

You are your “brand”; it includes everything your client experiences while working with you.       

Financial advisers Tony Noisom and Chris Musino recently joined Raymond James & Associates, in its Coral Gables, Florida, branch.

American Pension Services is introducing a 413(c) multiple-employer defined contribution plan, called “The Platinum 401k” program.