News

Former Russell Investments Portfolio Managers Chris Tessin and Dennis Jensen have launched Acuitas Investments, LLC, a Seattle-based boutique investment firm offering multi-manager solutions. 

An analysis by Fidelity Investments found 401(k) participants with a health savings account (HSA) accrued more than twice as much in their 401(k)s as the average participant.

BNY Mellon has launched Workbench Mobile, an iPad app enabling the firm’s institutional clients to authorize instructions and securely access key reports and account information.

ING Investment Management has hired Ken Sarafa as Senior Vice President, Institutional Sales and Relationship Management, with responsibility for the Midwest region.

In my experience, there are three major reasons that people save for retirement.   

The U.S. Court of Appeals for the District of Columbia Circuit has rejected a new rule from the Securities and Exchange Commission (SEC), Reuters reports.

FCRC Apps, LLC, a software development firm, is releasing version 3.0 of its Web-based application, eFiduciary.net.  

Symetra Life Insurance Company plans to expand its annuities portfolio and develop new registered products, hiring Kevin Knull to head up these endeavors.  

The First Command Financial Behaviors Index report illustrates that the continuing economic turmoil is becoming a way of life for middle-class consumers. 

A recent study from State Farm found that fewer than fifty percent of Americans have a financial back-up plan in place.

The U.S. Women’s Chamber of Commerce (USWCC) is launching several financial and business service enterprises, including a Multiple Employer Plan for female small-business owners.

Safe Harbor Asset Management (SAM) has formed a partnership with MilleniuM Investment & Retirement Advisors (MIRA) in support of its 401k Solution.

Fiduciary Investment Advisors, LLC (FIA) announced that Vincent M. Smith has joined the firm as an investment consultant.

Rafalko Investment Advisory, LLC has acquired Piedmont Independent Fiduciaries, both Virginia-based firms.

While there are a number of strategies for combating asset-value erosion from inflation, each has strengths and weaknesses, outlined in a recent report from Segal Advisors.

Brian H. Graff, executive director and CEO of the American Society of Pension Professionals & Actuaries (ASPPA) issued a response to the budget proposal introduced by a bipartisan...

Nearly 40% of the investment officers surveyed from public and private pension funds, endowments and foundations said they consider investment consulting when selecting a transition manager.

UBS Investment bank has released two ETRACS IPO exchange-traded notes (ETNs) that are linked to the performance of the UBS Internet IPO Index.

Investors who work with a financial adviser are more likely than those who don’t to think of global investing as an important strategy for diversification, according to a...

The SPARK Institute has released a draft of data standards for investment product providers and recordkeepers to help them fulfill their part of the upcoming fee disclosure rules.