News

Russell Investments has promoted Rolf Agather to the newly created position of director of Index Research & Innovation.

Sixty percent of investors in 401(k) plans administered by The Vanguard Group who maintained retirement balances over the last two years now have the same or higher balances...

The Principal Financial Group now offers Voluntary Long-Term Disability Employee Choice for income protection.

ETF Securities USA LLC's ETFS Physical Swiss Gold Shares (SGOL) began trading on the NYSE ARCA on September 9, and its ETFS Physical Silver Shares (SIVR) began trading...

Scott Gardner joined First Mercantile's national sales team effective today as regional sales director for its Southeast region, the company announced.

Minneapolis-based FAF Advisors has formed a strategic sales alliance with Jupiter Distribution Partners of Greenacres, Florida.

Seventy percent of surveyed Americans believe products with guarantees are worth the cost, according to a study about life insurance by Prudential Financial, Inc., an insurance provider.

Almost three-fourths of polled 403(b) plan sponsors said they did not change their employer match during the 2008 to 2009 plan year.

Plans in the Callan DC Index underperformed the average comparable (2030) target-date fund last quarter, and the difference in allocations to equity could explain why.

Employee benefits software provider ftwilliam.com has released a Spanish language version of the summary plan description (SPD) for its defined contribution plans.

Fidelity Investments has announced enhancements to its seven state-sponsored 529 College Savings Plans.

John Hancock Retirement Plan Services (RPS) has launched an enhanced Web site for financial representatives to help them support clients and grow their business.

Transamerica Asset Management Group has introduced a new institutional share class to the Transamerica Funds lineup.

Equity Administration Solutions, Inc. (EASi), a stock plan management software company, has introduced a Universal Direct Broker Interface (DBI) capability.

OppenheimerFunds Retirement Services announced business-building tools for advisers, as well as new tools for plan sponsors to communicate about target-date funds and increase participation rates.

MFS Investment Management (MFS) has added three new members to its Defined Contribution Investments (DCI) group to focus its sales and relationship management efforts in various DCI market...

The Financial Research Corporation (FRC) predicts that if the market remains stable and does not go through another crisis within the next five years, sub-advised mutual fund and...

Investor behavior is largely determined by nature rather than nurture, according to a new study by finance professors at Claremont McKenna College and the University of Washington.

Clients of fee-based financial advisers will now have access to the Fidelity Personal Retirement Annuity (FPRA) product because of a new alliance between Fidelity Investments Life Insurance Company...

Great-West Retirement Services has appointed Scott Sitzes as regional sales director.