News

Fidelity says its participants are more inclined to save amid current market woes.

Old Mutual Capital has announced the launch of Old Mutual Global Funds, a suite of eleven offshore funds available to non-U.S. investors.

Ameriprise Financial, Inc. today announced the acquisition of H&R Block Financial Advisers and named Donald Froude the president of the U.S. Advisor Group.

A federal judge today granted final approval to Citigroup Inc.'s $33 million settlement to resolve a gender bias lawsuit against its Smith Barney unit, Reuters reports.

Fifth Third Bancorp has joined the ranks of plan sponsors hit with a participant stock-drop lawsuit.

ING Advisors Network announced a series of organizational changes at the network level, including a number of promotions.

The August Merrill Lynch survey of fund managers says inflation fears have all but evaporated.

Ibbotson Associates was selected by ING Financial Advisers, LLC, to create a family of active exchange-traded fund (ETF) model portfolios that change allocation to take advantage of price...

Advisor Software Inc. introduced a Web-based institutional Monte Carlo simulator, ASI Portfolio Forecaster, the company said.

Every day, we come across magazine, newspaper, and other media stories that focus on the savings shortfall Americans are already experiencing—and will continue to experience as they head...

OppenheimerFunds, Inc. (OFI) Retirement Services Division announced the launch of a Form 5500 tool for advisers alongside other products for participants, sponsors, and advisers.

Brad Larsen left White Horse Advisors to join Al Otto at OneFiduciary Group, LLC.

Failure to return phone calls was the most common reason for high-net-worth (HNW) individuals to leave their financial services company.

An Aon study found that workers trying to keep their standard of living when they retire will need to be able to generate from $15,000 to around $185,000...

U.S. exchange-traded fund (ETF) assets totaled approximately $575 billion at the midway point of 2008 – down 5.4% from the start of the year, according to a report...

MassMutual's handheld e4 technology has delivered an average on-site enrollment rate of 92% among those who previously were not contributing.

Morningstar entered into an agreement to acquire Financial Computer Support, Inc. (FCSI), the company said.

National Retirement Partners, Inc. (NRP), has expanded its scope yet again, marking a dozen acquisitions in the third quarter of this year.

A report from Deloitte Consulting found that the number of employers with auto-enrollment and easy enrollment features is on the rise.

At the moment, the industry is scrambling to respond to the DoL’s call for comments on the proposed participant fee disclosure regulations by September 8.