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An industry group developing best practices for 403(b) retirement plans is coming closer to streamlining these plans to make them even more similar to 401(k) plans, but first they will have to get everyone to agree to speak the same language.
February 8 -
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The actively managed exchange-traded funds sector is increasingly going mainstream, and Grail Advisors is riding right along with it. Grail is aggressively expanding its product lineup, introducing two fixed-income funds that brings to seven its stable of actively managed exchange-traded funds.
February 8 -
Investors are about to test drive 401(k) plans with a 21st Century whole new look and feel.
February 8 -
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NEW YORK - Financial experts think 2010 could provide many interesting opportunities in the realm of wealth transference, particularly with the temporary, one-year expiration of the federal estate tax and reduction of the gift tax.
February 8 -
Great West Retirement Services has introduced a new set of guaranteed income investment options, SecureFoundation. The products protect participants’ retirement income when the market drops, gives them some of the upside when the market rises, and guarantees retirement income for life.
February 5 -
With consumers pessimistic about the current state of the economy and the future, U.S. consumer confidence fell 32.4% in February from a month earlier, according to the RBC Consumer Attitudes and Spending by Household Index.
February 5 -
Investors are about to test drive 401(k) plans with a 21st Century whole new look and feel.
February 5
- Money Management Executive
To capitalize on the increasing number of retirement programs for non-profit organizations, Hartford Financial Services Group plans to increase sales of its 403(b) retirement plans.
February 5 -
It will be harder for advisers and money managers to outperform this year after a strong 2009, but there are still a few key areas of opportunity, Larry Adam, the chief investment strategist for Deutsche Bank Private Wealth Management, said during a conference call.
February 5 -
More than half of CPA financial planners say their wealthy clients are not confident in the stock market, according to a survey by the American Institute of CPAs.
February 5 -
The Securities and Exchange Commission will examine the risk exposure and marketing of target-date funds in the coming year, SEC Chairman Mary Schapiro told the Practising Law Institute Friday.
February 5 -
State Street Corp. announced Thursday it has entered into settlements with the Securities and Exchange Commission, the Massachusetts Attorney General and the Massachusetts Securities Division of the Office of the Secretary of State to resolve investigations into losses made around certain active fixed-income strategies managed by State Street Global Advisors.
February 4 - Money Management Executive
Americans are hopeful that the environment will help rescue the struggling economy, according to a survey of 1,000 adults by Allianz Global Investors.
February 4 -
Fully 100% of the 25 private clients who SEI interviewed said that wealth management is not transparent, yet 100% of the 25 wealth management firms SEI spoke to believe transparency is important to rebuild client confidence.
February 4 -
PIMCO has launched the PIMCO Short Term Municipal Bond Strategy Fund, an actively managed exchange-traded fund. The fund will invest in high-quality, short-maturity, alternative minimum tax-free municipal bonds whose income is exempt from federal and, in some cases, state tax. John Cummings, executive vice president and head of the municipal bond desk at PIMCO, will manage the fund.
February 4 -
Investors placed $8.86 billion into long-term stock and bond funds in the week ended Jan. 27, bringing the past 46 weeks of back-to-back inflows to a total of $463 billion, the Investment Company Institute said.
February 4 -
People working in higher education are concerned about retirement but few are changing their investment strategy or planned retirement date or seeking the help of a financial adviser, ING U.S. Retirement Services found in a survey conducted in conjunction with Synovate.
February 4 -
Speaking at the National Institute on Retirement Security in Washington Tuesday, Putnam President and Chief Executive Officer Robert L. Reynolds urged Congress and the Obama administration to strengthen all of America’s retirement savings systems, public and private.
February 3