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DST Systems has designed a new program, Retirement Income Clearing Calculator, which will widely distribute retirement income products to sponsors and participants of defined contribution plans.
February 16 -
Seventeen muni groups are urging members of Congress to reject President Obama's proposal to place a 28% cap on the value of tax-exempt interest, warning it will hurt the market and that its retroactivity will reverse nearly 100 years of legislative history.
February 16 -
The number of life producers using mobile devices doubled from 2008 to 2010, making mobile tech an imperative if the carrier seeks a competitive advantage.
February 16 -
The combination of Baby Boomers heading into retirement and the arrival of Echo Boomers into savings programs is about to put financial advisors on the ride of their professional lives, according to the fourth-largest distributor of mutual funds in the United States.
February 16 -
The Dow Jones Industrial Average fell 97.33 points to finish at 12,780.95 Wednesday while the Nasdaq and S&P 500 lopped off 16 points and 7.27 points, respectively.
February 15 -
DST Systems has designed a new program, Retirement Income Clearing Calculator (RICC), which will widely distribute retirement income products to sponsors and participants of defined contribution plans.
February 15 -
Investors poured an estimated $13.17 billion into equity, bond and hybrid mutual funds during the week ended Wednesday, Feb. 8, the largest weekly inflow this year.
February 15 -
Hedge fund manager and long-time gold bull John Paulson cut his gold ETF bullion holdings by about $600 million in the fourth quarter, a second straight reduction that was likely driven by client redemption needs as he remained upbeat on the metal.
February 15 -
F-Squared Investments, an investment firm and RIA, has named industry veteran Mark Marinella, a former executive vice president and Global CIO of State Street Global Advisors, as its new head of investments.
February 15 -
Wave Management AG, the asset management unit of the German VHV insurance group with over 14bn in assets under management, has chosen SimCorp Dimension as its future investment management system
February 15 -
Citi has entered into an agreement with Credit Suisses Asset management division to provide a comprehensive suite of milled office, custody and hedge fund administration services to support part of its U.S.-based alternative investments business.
February 15 -
Genworth Financial Wealth Management is the latest firm to announce an upgrade to its online platform, eWealthManager.
February 15 -
The U.S. economy may be growing. But confidence in it isn't, said economic futurist Jeff Thredgold.
February 15 -
Financial exchange operator TMX Group announced that its friendly offer to buy over 90% of the shares of Sydney-based Razor Risk Technologies Ltd. was accepted.
February 15 -
T. Rowe Price has launched a new web-based retirement-planning tool that it says will help investors envision their lives in retirement.
February 15 -
Morgan Stanley Smith Barney has snapped up four financial advisors from Wells Fargo Advisors and Merrill Lynch.
February 15 -
The Great Recession ended 32 months ago. But fear about the sturdiness of its recovery persists.
February 15 -
The U.S. equities market has been losing the order flow battle for three straight years and will continue to fall until 4th quarter 2012, a Tabb Group Research Report says.
February 15 -
To help busy advisors increase the frequency with which they contact clients, Cetera recently launched a new online marketing solution, Connect2Client. Its designed to enable advisors to send out emails, paper postcards, newsletters with in-depth articles and a variety of messages, including birthday greetings, on a regular basis.
February 15 -
