News

The Principal West Coast Equity Fund is now the Principal Capital Appreciation Fund (ticker: CMNWX).

Eugene Oppo has joined Aon Consulting as senior vice president and retirement practice leader of the Northeast region.

BPAS, a Utica, New York-based administrator and consultant, has upgraded its call center and customer service representative (CSR) teams.

A woman accused of stealing from a co-worker’s 401(k) account has been sentenced to a one-year jail term.

Mary Ann Arlt has joined Fiduciary Counselors Inc. as senior vice president, Plan Administration, and Kathy Griswold has joined as director of investments, the company announced.

Wachovia Bank did not violate the Employee Retirement Income Security Act (ERISA) when it sent a form letter to investors notifying them of a fund's merger with another...

P&A Retirement Plan Services is expanding its open-architecture product matrix to focus on the fee-based adviser channel, the company said.

Fringe Benefit Group, provider of group benefit plans designed for hourly and part-time workers, has added the Nationwide Retirement Clear Advantage platform as one of the investment plan...

ALPS launched the Equal Sector Weight ETF (ticker: EQL).

Goldleaf Partners, a national retirement and employee benefits administration and consulting firm, has named Thane Walton as sales director.

Arnerich Massena&Associates, Inc., a Portland, Oregon-based independent investment consulting firm, has released the white paper "Not All Target-Date Portfolios Are Created Equal."

Morgan Stanley Smith Barney (MSSB) said it launched the Women Financial Advisors Forum (WFAF), a blog for women interested in becoming financial advisers at the firm.

A new survey found that more than half (51.2%) of 403(b) sponsors provide target-date funds in their plans.

The Hartford has announced a new cash balance program for small businesses and professional entities.

A new study found African-American and Hispanic workers have lower participation rates and contribute less to their 401(k) plans than their white and Asian counterparts.

A recent survey found that financial advisers are moving toward fee-based service and emphasizing holistic advice more than last year.

A new survey found that Bank of America Corp. (BofA) holds the title of the biggest wealth manager through the end of 2008.

A former Goldman Sachs computer programmer was charged with stealing trade secrets based on the theft of computer codes used for automated stock and commodities trading.

A new report from Finadium suggested that asset managers have learned from hedge funds that investors seek a wide variety of risk and reward characteristics in their investment...

Zep Inc. will begin contributions to its employees’ 401(k) retirement accounts this month, nearly six months after it suspended them as part of a plan to return to...