News

Select Sector SPDRs, a family of exchange-traded funds (ETFs), has lowered the average expense ratio for its nine sector ETFs from 0.23% to 0.21%.

UBS has divided its wealth management units “to adjust to new market conditions and the changing environment,″ the company said.

The details of how the joint venture between Morgan Stanley and Smith Barney will play out are yet to unfold, but retirement plan advisers seem optimistic about the...

Independent broker/dealers (IBDs) say recruiting is important—but the competition for advisers is high.

Job losses have certainly been in the headlines of late -- and on people's minds.

DailyAccess Corporation has added Old Mutual Asset Management's Target Plus Portfolios to its product platform.

Plan sponsors will get a walk-through of the 2009 Form 5500 reports and a new electronic filing Web site from a scheduled February 19 Webinar from the Department...

New York Life Retirement Plan Services, a division of New York Life Investments, has appointed Deanna Garen managing director of participant strategy.

Lake Forest, Illinois-based auto parts manufacturer Tenneco Inc. has suspended its 401(k) match for 2009.

About two-thirds of workers in a new study identified a defined contribution plan as the most important component of their retirement savings.

Mutual fund assets worldwide decreased 12.1% to $21.66 trillion at the end of the third quarter of 2008, according to the Investment Company Institute (ICI).

Invesco's Global Asset Allocation Group has unveiled Premia Plus, a risk premium capture strategy.

John Hancock Retirement Plan Services (RPS) has increased its sales support by adding eight regional vice presidents and a new internal sales desk with 10 sales associates.

Charles Schwab’s 401(k) plan benchmarking data show employee participation and savings rates vary according to employer industry and employee salary level.

ING Clarion Partners LLC, a real estate investment adviser, is entering the defined contribution (DC) market, the company announced.

January was a relatively quiet month with regard to participant transfer activities, according to the results of the Hewitt 401(k) Index.

If you are looking for mutual fund Web sites that are useful in a particular area for advisers, a new report offers some insight.

In one of the more memorable sound bytes of the Presidential campaign just past, candidate Obama tried to explain the rationale underpinning his economic philosophy as a belief...

Dallas-based 7-Eleven Inc. said it is cutting 200 positions and suspending contributions to employees’ 401(k) accounts to minimize future job losses.

Las Vegas-based newspaper company Stephens Media LLC has suspended its 40(k) match to save money because of the bad economy.