News

ING has named X. Rick Niu chief marketing officer for ING U.S. Retirement Services, effective September 1.

Participants in 401(k) plans continued a cautious move into equity during August, with a total of $203 million shifted from fixed income into equities, according to the Hewitt...

Putnam Investments has launched a Web site to support its nine Putnam Global Sector Funds targeting stocks in sectors across the MSCI World Index.

ExpertPlan and Charles Schwab Trust Company (CSTC) have teamed up to create a new trading platform under which Schwab will perform custody, trust, and clearing services for plans...

Diversified Investment Advisors, Inc., has enhanced its nonqualified deferred compensation (NQDC) plan solution, Retirement Advantage, to assist plan sponsors and their advisers in meeting 409A requirements.

The Hartford Financial Services Group has formed Hartford Life Distributors (HLD), a combined sales and distribution organization for its investment and retirement products that will focus on working...

The recent market tumult certainly took a toll on participant balances, but a an analysis by The Principal suggests that it might have been less than some feared.

An insurance marketing Web site has unveiled an iPhone application where users can calculate their necessary retirement savings and receive quotes on insurance coverage.

A new study shows that most workers do not understand their retirement savings plans as well as other employer-provided benefits.

M Financial Group today added Ontario, Canada-based Caledonia Planning Group to its network of member firms.

Bank of America Corp. (BofA) said New York Attorney General Andrew Cuomo wrongfully claimed that the bank is blocking information, according to news reports.

Atlanta-based Reliance Trust Company said it has partnered with local business leaders in Wilmington, North Carolina, to form a wealth management firm providing retirement services.

Following Charles Schwab’s lead, Fidelity Investments said it is waiving and reducing some custody and technology fees for independent advisers.

Madison Dean has announced it will manage all U.S. investors' retirement accounts commission-free, starting Wednesday.

A new Morningstar analysis gave Vanguard Target Retirement target-date funds the highest possible rating for its “best practices and low fees.”

Westrock Asset Management announced the formation of a joint venture with Creighton Capital Management to offer a set of quantitative products to institutions and other qualified investors.

A couple in Charlotte, North Carolina, allegedly bilked $32.5 million by persuading investors to cash out of their retirement funds and invest in fake investments promising huge returns.

New York Attorney General Andrew Cuomo’s office is again requesting information from Bank of America (BofA) as part of an ongoing investigation into its January 1 acquisition of...

Los Angeles-based Transamerica Financial Advisors, Inc. (TFA), completed its merger with its affiliate, St. Petersburg, Florida-based InterSecurities, Inc. (ISI).

Westrock Group said it is now the first Native American-owned full-service financial services business.