Global index provider FTSE Group (FTSE) has licensed GlobalX Management Company to create a new exchange traded fund based on the FTSE Colombia 20 Index.
You may have noticed that those year-end tax statements aren’t showing up as soon this year – but the Internal Revenue Service (IRS) says they should be more...
With an expanding list of retirement plans snared by investments tied to Bernard L. Madoff, the Labor Department has published some guidance for plan fiduciaries.
The pending nomination of U.S. Representative Hilda Solis (D-California) as Department of Labor (DoL) secretary was put off after word that her husband has paid $6,400 to settle...
In the last six months, 60% of surveyed independent registered investment advisers (RIAs) reported an increase in clients, many of which are coming from broker/dealers and wirehouses.
PIMCO has launched the PIMCO Global Advantage Strategy Bond Fund, "designed to help fixed-income investors seize opportunities created by dramatic shifts in the global economy."
Blackberry maker Research in Motion (RIM) has worked out a settlement of stock options backdating charges with the Ontario Securities Commission (OSC).
Huntington Bancshares has announced actions it will take to get on more sound financial footing, including cutting company match contributions to its 401(k) plan.
Van Kampen Funds Inc., a subsidiary of Van Kampen Investments Inc., has announced the launch of the Van Kampen Global Tactical Asset Allocation (GTAA) Fund.
The 403(b) Company offers a 403(b) Administrator service that can help sponsors get through Internal Revenue Service (IRS) and Department of Labor (DoL) plan audits.