News

John Hancock Annuities' Income Plus For Life optional withdrawal benefit rider, available with Hancock’s variable annuities, now offers step-ups quarterly rather than annually.

First Trust Advisors L.P. unveiled the First Trust ISE Global Wind Energy Index Fund, an exchange-traded fund (ETF) anticipated to begin trading June 18.

JPMorgan Retirement Plan Services announced that Hal Bjornson joined the firm as head of investment services.

Investment manager Emerald Asset Advisors, LLC, said its alternative strategies are now available on the FOLIOfn Institutional platform.

Although more affluent investors are choosing to work in retirement to supplement their income, few are choosing to meet more often with their adviser, a study by Cogent...

My dad has been on my mind a lot of late—for no particular reason that I’ve been able to identify.

Charles Schwab introduced the Schwab Indexed Retirement Trust Funds to the Charles Schwab Trust Company offering of target-date collective trust funds for retirement plans.

Advisor Products Inc. (API), launched a Web site to manage communications between financial advisers and their clients.

Mahoney&Associates, a privately held compensation and benefits management firm, hired David Hooban as qualified plans specialist.

ETF Portfolio Solutions, Inc., an RIA firm specializing in exchange-traded funds (ETFs), brought aboard William Koehler as CIO.

Fidelity Investments turned to Thomson Reuters executive Michael E. Wilens to fill the new position of head of asset management.

Nearly eight in 10 (78%) employers surveyed by Fidelity Investments already offer a QDIA, with most (63%) holding lifecycle funds as the QDIA.

TIAA-CREF is now ready to help clients prepare written plan documents newly required for some 403(b) plans.

Ibbotson Associates will provide customized portfolios for SecurePath by Transamerica, a service of Transamerica Retirement Management, Inc.

The risk of outliving savings in retirement is now a little greater as preliminary data for 2006 shows that life expectancy hit another record high.

Putnam President and CEO Robert J. “Bob″ Reynolds said in a conference call he approaches his new role with one thought in mind: “winning.″

MassMutual’s Retirement Services Division unveiled a Web site feature giving participants easy sign-up for their 401(k) plan.

Invesco PowerShares expects to list the frontier countries portfolio exchange-traded fund (ETF), designed to provide investors access to equity markets in the Middle East and North Africa.

Schwab Institutional announced enhancements to its package for start-up registered investment advisers (RIAs).

Even in tough markets, advisers resist client urges to move assets, according to the most recent SEI Advisor Network Quick Poll.