BMO Global Asset Management continues to expand its Retirement Services teams while keeping an eye out for more potential hires.
Fidelity Investments has rolled out a smartphone application for NetBenefits 401(k) plan participants.
Morningstar has rolled out the next generation of Morningstar Retirement ManagerS, an advice and managed account service for defined contribution participants in the United States.
San Antonio-based USAA Investments, a provider of mutual funds and insurance products to members of the U.S. military, is currently prepping the USAA Target Retirement 2060 Fund to launch in July 2013.
Defined contribution investment-only providers have a leg up on their plan provider counterparts when it comes to the creative and aggressive techniques that they use to move their products, according to a new study by research shop Oculus Partners.
T. Rowe Price Group has no immediate plans to begin offering active exchange-traded funds, the Baltimore Business Journal reports.
As a financial advisor to numerous types of clients, including recent retirees, I often think deeply about the issues my clients face in this market environment.
Pimco's 0-5 Year High Yield Corporate Bond ETF reported $204.1 million of inflows on April 8, the same day the SPDR Barclays High Yield Bond ETF recorded its second-biggest daily redemption since its inception more than five years ago, equal to about $378 million worth of shares, Bloomberg reports.
Target-date funds have grown phenomenally in the past five years from virtually no assets in 2007 to about $1 trillion today.
Mutual fund shops take heed. PIMCO's 2013 Defined Contribution Consulting Support and Trends Survey sheds light on how consultants are helping their plan sponsor clients design their plans around target-date and retirement income products.