News

Generation X and Generation Y consumers in the U.S. need convincing that saving for retirement should be a financial priority, a survey indicates.

Stock and bond mutual fund net inflows reached and possibly exceeded $90 billion during January, excluding additional inflows to exchange-traded funds (ETFs).

Investors put more trust in advisers than they do in financial firms overall, according to research from Cerulli Associates.

Prudential Retirement rolled out a mobile-ready website for retirement plan participants.

Parents and their adult children have different views about their priorities and what financial issues they are currently trying to tackle.

If money and time were no object, most travelers would choose Italy as their top destination for 2013.

Scott Schlegel recently joined Great-West Retirement Services (GWRS) as its regional sales director for Kentucky.

Kevin Dent joined Mercer’s Houston office as leader of its international consulting group (ICG) in the Central market.

Mergers and acquisitions for registered investment advisers (RIAs) saw a 30% rise in the total value of transactions year over year, according to Schwab.

A study that found tax incentives for retirement savings in Denmark had no impact on increasing total savings may not be relevant to the U.S.

Active manager and adviser exchange-traded fund (ETF) investment portfolios are expected to grow in 2013.

Fiserv announced that Lincoln Financial Group is the first client to make use of its new retirement income technology, Retirement Illustrator.

Jaleen W. Edwards has joined fi360 as senior vice president of marketing.

The State Street Investor Confidence Index (ICI) rose for a second consecutive month, increasing by 5.4 points from December to finish at 86.8 in January.

An alternative investment educational series begins in Los Angeles with a keynote address by Jeffrey Gundlach, the chief investment officer of DoubleLine Capital.

Russell Indexes introduced the Russell High Efficiency Defensive Indexes, an index series extending the Russell Defensive Index methodology.

Plan sponsors face an “equity dilemma” of ensuring participants have adequate retirement savings while protecting them from volatility.

Doug Doucette has been appointed head of client management for the North American institutional business of Investec Asset Management.

Michael Palmiere has joined Pentegra Retirement Services as senior vice president and chief operations officer.

More Canadians are managing their portfolios online, according to research from TD Direct Investing.