News

Broker/dealers are projected to double in size over the next five years and must refine and improve their operations in order to continue success.

A majority of affluent investors, especially those that work with an adviser, do not think their fees are too high, a study from Spectrem Group found.

The Standard opened a new retirement plans office in Kansas City.

California’s Assembly voted 42 to 28 for the California Public Employees' Retirement System (CalPERS) to oversee a separate and voluntary investment program for private workers.

Nationwide Retirement Plans launched the Nationwide Bill of Rights and a fiduciary warranty to educate employers about their responsibilities.

Assets of exchange-traded funds (ETFs) rose in April to $595.96 billion, marking an almost 30% increase in the last year.

Assets in U.S. mutual funds got a 2.9% boost in April to $12.1 trillion, according to the latest Investment Company Institute (ICI) data.

Lincoln National Corp. unveiled a suite of services designed to help 403(b) sponsors comply with Internal Revenue Service (IRS) regulations.

Janus Capital Group Inc. launched a new international fund.

James T. Morris, president and CEO of Pacific Life Insurance Company, will now serve as chairman of the board for both parent companies of Pacific Life.

A new report says target-date investments of the future are likely to be offered in “multiple flavors″ according to the participant’s risk tolerance.

Symetra Life Insurance Company launched an annuity allowing retirees to buy future income with a portion of their retirement savings.

Forward Management, LLC, launched institutional share classes for three of its funds.

New York Life Retirement Plan Services expanded its 401(k) capabilities to plans with $5 million to $30 million in assets under administration.

If you’re looking for a new angle on investments, you might want to pay attention to their politics.

Stock and bond funds experienced net inflows of $24.7 billion in April, according to the Financial Research Corporation (FRC).

Sales of mutual funds continue to move away from the long-established model of paying intermediaries point-of-sale commissions.

A Connecticut institutional consultant has tapped Bryan Decker as its new Managing Director and Chief Investment Strategist as part of a top management shakeup.

Clients want more than numbers from their advisers.

National Retirement Partners (NRP) linked with SalesForce.com to develop a customized client relationship management solution (CRM).