News

Investors should bite the bullet and move back into large-cap, dividend-paying and emerging markets stocks, as well as diversify fixed-income holdings, BNY Mellon Wealth Management said.

Vanguard is expected to offer the Vanguard Short-Term Inflation-Protected Securities Index Fund in the fourth quarter.

 Mercer's Outsourcing business selected Millennium Trust Co. as the exclusive provider for its clients' automatic IRA distribution needs.   

One-third of those ages 55 to 65—Transition Boomers—are unsure how much money they will need for living expenses in retirement, a survey found.

Matrix Financial Solutions updated its Matrix RetireTool(k)it.

ING U.S. released a new mobile game application designed to help build investment and retirement planning awareness for consumers.

Financial advisers are more likely to recommend emerging markets and dividend-producing equities, given the current low-yield environment, a survey found.

MassMutual's Retirement Services Division promoted Niel Cabrera to sales director covering the Southeast region, effective July 1.  

Mark Dehmel joined New York Life Retirement Plan Services as vice president of sales for the Western region of the country.

For those without a plan, only 32% said they are on pace to meet their goals, according to a...

 South Carolina chose Columbia Management to be the program manager of its college savings plan. 

FINRA’s proposed fee hikes for new applications and branch office registrations would force many independent broker/dealers (IDBs) out of business, the Financial Services Institute (FSI) said.

A program designed to help retirement plan advisers demonstrate their value and build stronger client relationships was launched by John Hancock Funds.  

Those who start saving for retirement in their 20s can make nearly double what an investor beginning in their 30s can, because of compounding, research suggests.   

A report from S&P Dow Jones Indices reveals record pension and other post-employment benefits (OPEB) underfunding for the S&P 500 companies.

Thomas Mangan was appointed chief executive of United Benefit Advisors (UBA), an independent employee benefits advisory organization.  

A majority of large U.S. corporate pension plans are underfunded, with future contributions a material expense for many over the coming years, according Fitch Ratings.

Achaean Financial said that Shlomo Benartzi, an authority on behavioral finance, has agreed to serve as the firm’s first academic adviser.

Jeff Kearny joined Northern Trust to lead new business development for asset servicing in the western part of the country.

Condor Trading LP moved into asset management with the launch of a new venture, Pacific View Asset Management LLC in San Francisco.