News

Bill McInturff, a partner at polling firm Public Opinion Strategies, told a group of reporters that it is upsetting and unsettling to see that a lack of confidence...

The Newport Group has created a new section on its Web site called “My Forecast,” dedicated to helping participants weigh their retirement income options.  

BlackRock, Inc. launched three mutual funds featuring alternative investment strategies available to the firm's U.S. retail and high net worth client base.  

S&P Indices announced dividend increases rose 17.1% during the third quarter of 2011, with 350 companies increasing their dividends.  

Fidelity Investments has introduced a Retirement Distributions Center on its Web site.

A recent study from CareerBuilder examines patterns in career paths and how they align with astrological signs and birth order.   

The Internal Revenue Service released Revenue Procedure 2011-49, on new requirements for sponsors of pre-approved plans seeking opinion and advisory letters that...

Millennium Investment and Retirement Advisors (MIRA) and Southeastern Fiduciary Services (SFS) have formed a partnership. 

Liberty Life Assurance Company of Boston is introducing its Freedom Series Builder Annuity.

Litman Gregory Fund Advisors has launched its Litman Gregory Masters Alternative Strategies Fund.

INTECH Investment Management launched a suite of absolute volatility equity strategies.

Russell Investments launched four Small Cap Investment Discipline exchange-traded funds (ETFs) on NASDAQ.

The U.S. Department of Labor has filed a complaint in federal court against A.B.D. Tank & Pump Co. and Keith Davis, its president and owner, to restore more...

Jason Schuller of Minneapolis was named Senior Vice President with responsibility for the new Wealth Management Services unit at Securian Trust Company. 

Investor optimism has plummeted according to Wells Fargo/Gallup poll, which found two in three investors are feeling a loss of control in their efforts to build their savings. 

A Cerulli report contends that while managed accounts are stable from an investment-risk and a regulatory standpoint, operational risk remains a concern.  

The Profit Sharing/401k Council of America found that of the 820 companies that participated in the survey, less than half have an automatic enrollment feature.  

T. Rowe Price has created a new Fixed Income Solutions Group and hired Peter S. Austin to lead it.

ING Life Companies introduced two new no-lapse indexed universal life insurance products.

Touchstone Advisors, Inc. has entered into a definitive agreement with Old Mutual Asset Management (OMAM) to acquire select assets of OMAM’s U.S. mutual fund business.