News

Janus Capital Group Inc. announced the launched of Janus Aspen Moderate Allocation Portfolio, which aims to provide investors with moderate growth through its investments in other Janus mutual...

A recent global survey reveals that employees from many different countries all play “hooky” from work to some extent.  

401(k) participants who invested in target-date funds (TDFs) overwhelmingly tend to stick with these investments over time, according the Employee Benefit Research Institute (EBRI).    

The U.S. Department of Labor has sued trustees of a benefit fund for violating the Employee Retirement Income Security Act (ERISA) regarding loans issued from the fund.

Acadian Asset Management Singapore announced Ho Yew Weng has joined the firm as Director of Institutional Sales, Asia-ex Japan.

The Guardian Insurance & Annuity Company (GIAC) has partnered with SWBC Investment Advisory Services to offer plan sponsors fiduciary support.

More than 3,000 credit unions now have access to CUNA Mutual Group’s newly released online retirement guidance platform.

PIMCO launched the PIMCO Credit Absolute Return Fund for investors seeking a global, diversified strategy that is focused on absolute return and not constrained by a benchmark.

The latest Citibank Economic Pulse survey found that three years after the downturn began, 44% of Americans feel less financially secure now than they did at the start...

The question of how broker/dealers (B/Ds) and registered investment advisers (RIAs) should be regulated will be discussed at a hearing on September 13 by a House of Representatives...

An annual report examining SEC-registered investment advisers found that, although the total number of RIAs declined for the first time since 2001, the total assets under management (AUM)...

Spectrem Group reports that its Spectrem Affluent Investor Confidence Index fell nine points in August to -18, its lowest level in a year.  

Developed by Left Coast Solutions and iGate Patni, iJoin is a mobile software program for 401(k) plan participants that leads them through the retirement planning process.   

linkedFA, a social networking site for financial professionals, has aligned with Businesswire, a news distributor, to give linkedFA members direct access to news releases from Fortune 1,000 companies...

S&P Indices has launched the first in a series of indices designed to measure the performance of the Mercado Integrado Latino Americano (MILA) Integrated Market. 

Wells Fargo Funds Management announced the successful merger of eight Wells Fargo Advantage Funds into other funds within the family.  

Bank of America has hired nearly 40 Merrill Edge Financial Solutions Advisors (FSAs) in the Mid-Atlantic region, including Washington, D.C., Baltimore, and Philadelphia.

401kDIRECT and Summit Trust Company are introducing the DIRECT Multiple Employer Plan (MEP), for plan sponsors who want the benefits of a MEP while maintaining control over plan...

Northern Trust has enhanced the client experience for users of its Investment Risk and Analytical Services (IRAS) tools on Passport, its multi-faceted Web portal. 

J.P. Morgan Asset Management (JPMAM) has selected James Gearin as Chief Operating Officer of its Retirement Plan Services (RPS) business.