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Sales & Marketing

Canadian Activist Group Tells Investors: Get Out of Money Funds

- FAIR Canada cites minimal returns and high fees.

Advent Software Acquires Goya

- The Norwegian company offers fund distribution and management software for the EMEA region.

Sallie Mae Launches Banking Products to Aid College Savers

- The company has $23 billion in 529 college savings plans.

BrightScope, Acceleration Retirement Form Partnership

- BrightScope rates 401(k)s, and Acceleration Retirement provides lead generation for advisers.

BoA Brokerage Offers 401(k) Health Monitor

- The tool calculates the overall financial wellness of a 401(k).

GLBs Buoy Variable Annuity Sales, But for How Long?

- Guaranteed living benefits may now be synonymous with variable annuities, but unless insurers rein in costs and restore benefits, sales may continue to slide.

54% Have Less Than $25,000 Saved for Retirement

- While confidence in having enough for retirement has returned to historic levels, a 16% reading is still painfully low—pointing to a serious need for far more help for investors.

Boomer Couple Will Need $260K to Cover Long-Term Care

- Asset management firms continue to gloss over the pending healthcare crisis with beautifully photographed advertisements of retirees.

AARP Sponsors Regular NBC 'Today Show' Series on Retirement

- Former host Jane Pauley will produce “Your Life Calling.”

ETF Assets Sink 5.8% in January to $730 Billion

- The decline was mostly driven by the 3.6% drop in the S&P 500.

Hedge Fund Assets Grew 62% in 2009 to $1.96 Trillion

- Inflows of $448 billion last year were the biggest on record.

RIA Survey: $1 Million Not Nearly Enough for Retirement

- Advisers believe many Americans could need double or triple their savings targets.

$420B in Retirement Plan, Endowment Assets Seen Changing Hands in 2010

- The forecast is for retirement plans, endowments, foundations and other large investors in North America.

Variable Annuity Sales Fall for Seventh Quarter

- In the fourth quarter of 2009, sales dropped 3.6% to $32.6 billion. In the third quarter, VA sales fell 16%.

ING Remains Focused on Retirement Savings

- ING says its “retirement number” marketing and advertising campaign has resonated with investors.

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