News

The Bostonian Group, a Boston-based employee benefits firm, has acquired a minority share of Marketing Associates Financial Services, Inc. (MAFS).

New York's attorney general issued a subpoena to former Merrill Lynch Chief Executive John Thain, in an investigation of bonuses paid to Merrill Lynch’s employees before the takeover...

Advisers plan to address wealth preservation and asset allocation with clients, rather than retirement planning in 2009.

Sprint Nextel Corp. on Monday joined a growing roster of employers scrambling to make companywide cost reductions including suspending their 2009 401(k) match.

ijoin has introduced a new turnkey 401(k) enrollment solution it says will offer greater efficiency and effectiveness while helping participants make sound investment choices.

ProNvest Inc. has rolled out a new service designed to assist plan sponsors with their fiduciary liability in offering managed accounts.

Charles Schwab&Co. has launched Real Life Retirement Services, to provide practical help for people making the transition to retirement.

AIG Global Real Estate has announced plans to divest its fund management business.

Equity plan solutions provider Transcentive has announced the release of version 10.0 of the Express Equity suite of products, which includes the Express Options software solution.

The Denver-based ePlan Services announced it has been selected by SunTrust Banks to help develop an online 401(k) for the small end of the retirement plan market.

Ameriprise Financial advisers can now use John Hancock Retirement Plan Services’ product services with 401(k) plans.

Financial advisers are a mobile bunch and increasingly want access to client data and other services from their mobile phones.

After announcing its first-ever decline in quarterly profit last week, Google Inc. said it is allowing its employees to swap their stock options for new ones that will...

Research from Phoenix Companies found high-net-worth (HNW) consumers are altering their retirement plans in light of the financial crisis, but four in 10 are not talking to financial...

Prudential is hosting a Webinar called "Conversations About Retirement..What Do I Do Now?" Tuesday at 1:30 p.m.

A Massachusetts broker might lose his registration and be forced to repay losses for allegedly stealing more than $2 million by selling clients phony investments.

Those who had been waiting anxiously (or nervously) for that final wave of regulations from the Department of Labor will have (get?) to wait a bit longer, it...

Whether you think the burgeoning government bailout packages are necessary, a necessary evil – or just plain evil – you now have a way to capitalize on those...

Two new exchange-traded funds (ETFs) sponsored by Barclays Global Investors have been listed on the NASDAQ.

The Vanguard Group has introduced a bond index fund for use by Vanguard funds, including Vanguard's Target Retirement and LifeStrategy funds, which invest in other Vanguard offerings.