News

Memphis-based First Mercantile has named Grant Boucek as regional sales director for its new Mid-South region.

In a memo to Tribune Co. employees announcing a new retirement plan, Chief Administrative Officer Gerry Spector said the company's employee stock ownership plan (ESOP) likely will be...

SEI Advisor Network’s new Service Delivery Initiative aims to help advisers with electronic proposal generation, statement and account level reporting, and transaction automation.

A survey suggests many Americans might prioritize being connected technologically over being connected intimately. 

National Investment Managers, a nationally-based and regionally-operated retirement plan administration and investment management company, has agreed to acquire a book of approximately 500 balance-forward (not valued daily) retirement...

ING has reached an agreement to sell three of its U.S. independent retail broker/dealer units—which make up three-quarters of the ING Advisors Network—to Lightyear Capital LLC.

The Keane Organization, a provider of compliance and risk management solutions to Fortune 1000 corporations, has promoted Mark Sweatman to president of Keane’s Retirement Services Division (KRS).

The combined assets of the nation’s mutual funds increased by $211.8 billion, or 2%, to $10.824 trillion in September, according to the Investment Company Institute (ICI).

Altegris named Ken McGuire as COO to oversee the growth and development of APM Funds, the company’s flagship line of alternative investment products.

The Phoenix Companies, Inc., has formed a distribution company, Saybrus Partners, Inc., which has agreed to provide life insurance consulting services for financial advisers at Edward Jones.

The recent economic turmoil brought great change to the markets, but a recent survey by a defined contribution plan consultant indicates most of its clients and prospects came...

BrightScope, a 401(k) data and analytics firm, and Target Date Analytics LLC, a consulting and research firm, unveiled the BrightScope On Target Index to help measure the risk...

The ABA Retirement Funds Program has launched what it calls "an enhanced investment structure" for program participants.

Great-West Retirement Services announced that the City of Jacksonville, Florida, has hired it as the city’s exclusive provider for its 457 deferred compensation retirement plan and its 401(a)...

TIAA-CREF has appointed Teresa Hassara as senior managing director and head of Institutional Client Services and Kevin Nazworth as vice president and head of the organization's Health Care...

Bank of America Merrill Lynch Retirement & Benefit Plan Services' quarterly report on plan and participant activities within its proprietary 401(k) business found 60% of participants started or...

A new partnership between EPIC Advisors Inc. and Mutual of Omaha offers banks and trust companies a retirement plan offering to provide to their clients.

Charles Schwab is rolling out eight new ETFs with expense ratios matching or lower than its competitors at Vanguard, State Street, and Barclays.

A new report predicts that rapid growth will restructure the asset allocation and packaging of target-date products and that target-date and target-risk retirement vehicles will attract 80% of...

A federal judge in New York has turned away a request by lawyers from State Street Bank & Trust to postpone preliminarily approving an $89.75-million settlement in a...