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ING has named X. Rick Niu chief marketing officer for ING U.S. Retirement Services, effective September 1.

Janus Capital Group Inc. has announced that Dominic Martellaro, executive vice president and managing director of Janus Global Advisors, will step down from his position effective...

American International Group, Inc. (AIG), announced that Jay S. Wintrob has been named to the new position of president and chief executive officer of Domestic Life and Retirement...

Westrock Group, Inc., a financial services holding company, named Donald H. Hunter, Jr., as CEO and president of the firm and its wealth management subsidiary, Westrock Advisors, Inc.

Bank of America Corporation (BofA) unveiled four senior management changes, including the appointment of Sallie Krawcheck to lead Global Wealth and Investment Management.

Asset International, Inc. (‘AI’) has agreed to acquire Strategic Insight (“SI”), a research and technology firm serving the investment management industry.  

Former Putnam Investment Management Chairman Charles E. Haldeman has been named CEO for housing lender Freddie Mac.

NAVA, the Association for Insured Retirement Strategies has completed a rebranding and is now known as the Insured Retirement Institute (IRI).

Keith Thomas has joined EIM Management USA, the U.S. affiliate of the EIM Group, a fund of hedge funds, as a director, Business Development.

Transamerica Retirement Services announced the promotion of Stig Nybo to president of Transamerica Retirement Services.

Charles Schwab Investment Management today announced it has moved all equity and bond funds to a single share class priced at the lowest level.

Invesco PowerShares Capital Management announced today plans to close 19 exchange-traded funds (ETFs).

NAVA, the Association for Insured Retirement Solutions, brought on Lee Covington as senior vice president and general counsel and promoted Deborah Tucker to vice president of Membership, Marketing&Standards.

The United Way for Southeastern Michigan has cut management and staff compensation and suspended its 403(b) retirement plan match for a year.

Infrastructure is poised for growth as an investment opportunity, according to a panel hosted by Dow Jones Indexes.

Dallas-based television station owner Belo Corp. has suspended the company’s 401(k) match, trimmed some salaries, and cut its workforce because of the slumping economy.

Paul Reilly will succeed Thomas James as president and CEO of Florida-based Raymond James Financial.

UBS announced this morning that Oswald J. Grübel replaced Marcel Rohner, who has resigned, as the company’s Chief Executive Officer.

The U.S. Senate Special Committee on Aging held a hearing about the economic downturn’s effect on retirement security, particularly for those who are on the brink of retirement.

FINRA appointed Richard G. Ketchum, currently FINRA chairman and CEO of the New York Stock Exchange (NYSE) Regulation, to serve as its CEO.