News

MSCI Inc., a provider of investment decision support tools, hired Kurt Winkelmann as Managing Director and Head of Risk & Analytical Research.

Connecticut Governor Dannel Malloy has named Catherine Smith, CEO of ING Retirement Services, as head of the state's Department of Economic and Community Development (DECD).

Retirement plan solutions provider Ascensus has been selected by 3D Asset Management (3D), a registered investment advisory firm, to partner on its ETF AdvisorPlan product.

Janus Capital has appointed George Maris as portfolio manager for Janus Worldwide Fund and related strategies, effective March 14, 2011.

Scott T. Waite is the new regional sales director for the metro-Detroit and western Michigan market for Great-West Retirement Services.

The Principal Financial Group obtained an independent audit addressing its procedures for public and private employee stock ownership plan (ESOP) clients.

Gabriela Parcella is the new CEO of Mellon Capital Management Corporation, and Bart Grenier was appointed to chairman and CEO of The Boston Company Asset Management LLC (TBCAM).

More small-business owners feel offering health insurance is more important than offering a retirement plan, 59% to 47%, a Paychex survey found.

College savings plans have seen a 56% growth in assets over the past 24 months, according to industry data from Financial Research Corporation (FRC).

Stock and bond funds experienced net inflows of $42.5 billion in January, according to Financial Research Corporation (FRC) data.

TIGER 21, a network for high-net-worth investors, conducted a survey of members that found although allocation to some categories has been restored to pre-downturn levels, certain shifts in...

The American Society of Pension Professionals and Actuaries (ASPPA) presented a statement this week at a Department of Labor-sponsored hearing regarding proposed changes to the definition of “fiduciary.”

There are some changes afoot at one of the nation’s premier ERISA legal firms.  

Carrying fiduciary status might be tough – but so is running down a balance beam with two 30-pound canisters of ammunition.  

The Retirement Plan Advisory Group (RPAG) acquired the Defined Contribution Plan (DCP) Suite of Studies, conducted by Warren Cormier. 

linkedFA and McGraw-Hill Professional will be presenting a series of Webinars to educate financial professionals on how they can use social media compliantly.  

Tremont Group Holdings faces a $2.1-billion lawsuit for allegedly missing warning signs about Bernard Madoff's Ponzi scheme.

Wells Fargo and Gallup have released their Investor and Retirement Optimism Index, which shows retired Americans are twice as optimistic as the non-retired.

Motley Fool Asset Management has launched the Motley Fool Great America Fund.

Paul Stevens, president of the Investment Company Institute (ICI), presented his organization’s statement to the Department of Labor (DoL).