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FINRA this week issued an investor alert urging the roughly 30% of American workers who are not contributing enough to their 401(k) plans to receive a full employer match to step up their contributions in order to meet their eventual retirement needs.
October 18 -
Vanguard said the small 401(k) plan service that it introduced last month for plans of up to $20 million in assets under management has been receiving a great deal of interest, particularly the platforms concentration on low-cost index and target-date funds, and its all-in plan fees that include investment, recordkeeping and administration costs.
October 18 -
Great-West Retirement Services has launched a marketing campaign this week to participate in the National Save for Retirement Week. Dubbed Celebrate Saving, the campaign centers around e-mails, fliers, posters and a banner on its participant website that links to a Celebrate Saving microsite.
October 18 -
MFS Investment Management has launched an additional 401(k) module for financial advisors called Building a Standout Approach. The module helps advisors decide which content to present and how to organize and structure it to various industries and audiences.
October 18 -
Van Eck Global has launched the Market Vectors Renminbi Bond ETF, a exchange-traded fund that offers exposure to Chinese renminbi-denominated bonds through the Market Vectors Renminbi Bond Index.
October 18 -
Chi-X Global Holdings has announced five new investors -- BofA Merrill Lynch; Getco; Goldman Sachs; Morgan Stanley and Quantlab Group have taken a minority stake in the firm.
October 18 -
The Treasury Departments Federal Insurance Office has issued a formal notice and request for comment on its study, mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act, looking into how to modernize and improve the countrys insurance regulatory system.
October 18 - Money Management Executive
Payments to distributors is the largest single expense faced by mutual fund companies. And managing them effectively is crucial.
October 17 -
Van Eck Global has launched the Market Vectors Renminbi Bond ETF, a exchange-traded fund that offers exposure to Chinese renminbi-denominated bonds through the Market Vectors Renminbi Bond Index.
October 17 -
MFS Investment Management has launched an additional 401(k) module for financial advisers called “Building a Standout Approach.” The module helps advisers decide which content to present, and how to organize and structure it to various industries and audiences.
October 17


