investments

• Canadian CU-Owned Investment Firm Revamps Mutual Funds

  By Michelle A. Samaad  |  May 2, 2013

  Security holders approved the merger of NEI Ethical Growth Fund into the NEI Ethical Canadian Dividend Fund.

• CUSO Financial, TRUST Form Credit Union Mutual Fund Alliance

  By Michelle A. Samaad  |  April 30, 2013

  Alliance to help expand distribution of TRUST’s institutional portfolios within the credit union industry.

• 401(k)s Remain More Conservative Than Before 2008 Economic Crisis: Spectrem

  By Michelle A. Samaad  |  April 3, 2013

  In 2012, 401(k) plan participants held 36% of their assets in diversified equities and another 13% in company stock, according to Spectrem in Chicago.

• Callahan CU Mutual Fund Renews Key Contracts

  By Michelle A. Samaad  |  April 2, 2013

  The Callahan Credit Union Financial Services Limited Liability Partnership will continue to serve as administrator for TRUST.

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  Callahan EVP Jay Johnson Takes Helm of TRUST Mutual Funds

  By Michelle A. Samaad  |  March 26, 2013

  Johnson succeeds Chip Filson, chairman of Callahan in Washington.

• Gender Gap Closing in Retirement Savings: Survey

  By Paula Aven Gladych  |  March 6, 2013

  Women are catching up with men when it comes to what they have saved and the rate at which they’re saving.

• Florida Broker-Dealer Expands CU Roster

  By Michelle Samaad  |  February 26, 2013

  Three more credit unions have signed on with broker-dealer INVEST Financial Corp.

• Retirement Money at Former Employers Sits for Five Years of More: Cogent

  By Michelle A. Samaad  |  February 13, 2013

  Three out of four investors with retirement money in a former employer’s plan have kept those assets there for five or more years.

• Younger Crowd More Likely to Use Online Retirement Planning Tools: Survey

  By Paula Aven Gladych  |  February 5, 2013

  OneAmerica survey finds mobile apps useful to about one-fourth of respondents; 67% of over-50 crowd found articles most helpful.

• Middle Class Face More Retirement Woes if Social Security Weakens: AARP

  By Michelle A. Samaad  |  January 25, 2013

  Says if a renewed focus on strengthening Social Security, Medicare and Medicaid is not taken seriously, the middle class will not have enough to retire.