News

I want to rebuild the pension system, but I need your help. Last week, I released a proposal to create a new type of privately run retirement plan....

Millennium Trust Company’s Savings Plus IRA has been added to MassMutual’s rollover solutions for retirement plan participants and existing individual retirement account (IRA) holders.

Nathan Paris, an institutional consultant for Unified Trust Company N.A., had seven states added to his territory.  

Vanguard announced new investment advisory arrangements for Vanguard Windsor Fund, Vanguard International Value Fund and Vanguard Global Equity Fund.

The funded status of the typical U.S. corporate pension plan reached a record low in July.

As deputy director of the Securities and Exchange Commission (SEC) Division of Investment Management, Robert E. Plaze most recently worked on money market funds.

Researchers in Morningstar’s Investment Management division released a paper that explores the true risk of guaranteed investment products and how they should be modeled.

United Planners added the Matrix plan data feed service to the United Planners Retirement Platform.

More than 12,000 Edward Jones advisers can offer OneAmerica’s 401(k) and 403(b) plans, the companies said in an announcement about the new alliance.

A higher selection rate of target-date funds makes Gen Y 401(k) participants (those born between 1979 and 1991) the most properly allocated, Fidelity found.

Pioneer Investments expanded its sales team of registered investment advisers (RIAs) by adding a regional vice president and realigning the division that supports the RIA channel.   

The independent broker/dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc., announced its affiliation with Advantage Financial Group (AFG).

Dan Cronin was named senior vice president in BNY Mellon Investment Management, responsible for business development in the registered investment adviser (RIA) channel.

Towers Watson hired Doug Vander Linde to serve as director of solutions and business development, Americas.  

Global Relay updated its Twitter archiving software to help advisers meet Securities and Exchange Commission (SEC) as well as Financial Industry Regulatory Agency (FINRA) regulations.

Want to find out who is poised to win the election? Don’t call random voters—use an iPhone application to analyze their tweets.

Advisers must consider the most effective ways to help sponsors take action under legislation that reduces required funding for defined benefit (DB) plans but increases their insurance premiums.

Women’s need to address their health care risks and costs presents an opportunity for advisers, since few advisers address these critical questions, Nationwide Financial said.

Focus Financial Partners’ firms will have access to Mercer’s research and intellectual capital, per an enterprise agreement. 

The Wells Fargo/Gallup Investor and Retirement Optimism Index is down markedly to +16 from +24 in May and +40...