News

Bond funds saw inflows of $29 billion in December, according to Strategic Insight (SI), an Asset International company.

Less confident of their employees’ ability to sock away a sufficient retirement nest egg, mid- to large-sized companies in a new Hewitt Associates survey said they plan to...

Mercer’s fourth-quarter 2009 Defined Contribution Universe Summary found gains in all equity markets during the period.

Exchange-traded-fund (ETF) assets fell by $45.3 billion for the month, or 5.8%, according to State Street Global Advisors January 2010 ETF Snapshot.

RidgeWorth Investments has launched a new Web site that has an interactive, customizable retirement plan benchmarking tool and general resources that 401(k) advisers can use to help plan...

Lissa Thomson has been promoted to senior vice president, chief consultant for Lockton Benefits Group's Southern California operations.

401(k) participants took positive savings actions within their retirement savings plans in Q4 and throughout 2009, according to the latest quarterly report from Bank of America Merrill Lynch.

The Washington Times reported that the U.S. Securities and Exchange Commission (SEC) has launched internal investigations against more than two dozen employees and contractors for viewing pornography on...

John Thain, the former chairman and CEO of Merrill Lynch, is now the chairman and CEO of CIT Group Inc., which provides finance to small businesses and middle-market...

Portfolio Evaluations, Inc. (PEI) recently hired Fred Stewart as a senior consultant based in the firm’s Atlanta office.

Heading into Super Bowl weekend, a new report focused attention on another “contest.”

The Value Quotient announced the release of CLIENTconnect, fiduciary management solutions delivered by financial advisers to their 401(k) and 403(b) clients.

The West Virginia Senate's Pensions Committee is discussing a plan to have the state set up retirement accounts for employees of small businesses.

Great-West Retirement Services has introduced a new set of guaranteed income investment options.

Now that the storm has subsided, independent advisers are putting more focus on their business, such as marketing and technology, according to a survey by TD AMERITRADE Institutional.

UBS Wealth Management Americas is reportedly reorganizing the existing three divisions of its U.S. retail brokerage into two divisions.

Nuveen Investments announced its online 2010 Roth IRA Conversion Center is now available to advisers and investors.

State Street Corporation has agreed to pay $333 million as part of a series of settlements with state and federal regulators over allegations it misled investors about the...

Arete Consulting, the owner of structured products information provider StructuredRetailProducts.com, said it now offers a specialist structured products site for registered investment advisers (RIAs).

It was a big day for Bank of America (BofA), as the bank settled one lawsuit and was handed a new one.