Products & Services

Fidelity Investments reported that recordkept assets in its defined contribution (DC) services business grew 8% to $851.4 billion in 2007, from $791.8 billion in 2006.

Mutual of Omaha now offers managed accounts and target-date funds for use in retirement plans.

Transamerica Retirement Services has announced its Fiduciary Management Program to allow advisers to help plan sponsors clearly define, execute, and document investment selection and monitoring.

Claymore Securities Inc. on Tuesday launched three broad market exchange-traded funds (ETFs) representing the value of the U.S. capital markets as a whole.

AIM Investments has launched new customized reports to help financial advisers more effectively analyze, document, and compare defined contribution plan investments.

H.Beck Inc., the investment management arm of Capital Financial Group, will launch an open architecture platform through a strategic partnership with FundQuest Incorporated.

MassMutual's Retirement Services Division has announced the Elite Advisor Program, a new program that recognizes loyal retirement plan advisers who consistently strive to provide outstanding service to MassMutual...

Defined contribution plan communications provider Newkirk has unveiled its Automatic Enrollment “SmartSingle” employee communications material.

A Campbell, California-based plan service provider is making information about collective investment funds (CIF) more accessible to plan advisers.

John Hancock has formed a new team within its Special Markets Planning Group to function as a resource for financial planners and advisers who counsel clients about tax...

Mesirow Financial Investment Strategies is working with Diversified Investment Advisors to customize and manage target maturity portfolios for Diversified's plan sponsor clients.

Charles Schwab Investment Management has added two new international funds to its lineup.

OppenheimerFunds, Inc. (OFI) has expanded its Oppenheimer Portfolio Series with the addition of the Oppenheimer Portfolio Series Fixed Income Active Allocation Fund.

MFS Investment Management has launched the MFS Diversified Target Return Fund.

A new program, FAcontact, offers advisers a way to give clients regular continued contact, so they can spend more time prospecting.

Morgan Stanley Investment Management (MSIM) has launched the Morgan Stanley Global Long/Short Fund, a fund of hedge funds.

Nationwide Financial Services is now offering a new plan design that includes target-date funds as core investment options along with a mutual fund window.

MacKay Shields LLC, and its affiliate New York Life Investment Management (NYLIM), announced the availability of the company’s first 130/30 fixed income product offering.

Claymore Securities, Inc. announced the launch of the Claymore/AlphaShares China Small Cap Index exchange-traded fund (ticker: HAO) on the American Stock Exchange.

PowerShares Capital Management LLC has announced the anticipated listing of the PowerShares India Portfolio, a new exchange-traded fund (ETF) expected to begin trading in mid- to late-February on...