News

MG Advisory Services, LLC, a subsidiary of Matrix Financial Solutions, Inc., will add vWise Inc’s SmartPlan Advisor, a communication and education solution, to its platform.

 Ivy Asset Management, a unit of Bank of New York Mellon, is facing a lawsuit by New York Attorney General Andrew Cuomo related to the Bernard L. Madoff...

While logic would tell you that staying healthy holds down health care costs in retirement, new research suggests that healthy retirees actually face higher total health care costs...

Wealth Management Systems Inc. (WMSI) has partnered with The Retirement Plan Company LLC (TRPC) to offer its rollover platform through TRPC’s Web site.

As part of National Retirement Partners’ nonqualified initiative, the network of independent advisers has teamed up with MullinTBG, a Prudential Financial company, to be its preferred nonqualified provider.

A federal judge in North Dakota has granted class-action status to plaintiffs in a company stock lawsuit against Tharaldson Motels Inc. (TMI), but split the plaintiffs into current...

Despite having to comply with a new set of regulations during one of the worst economic downturns, the 403(b) plan market appears to be healthier than ever, according...

Ronald O'Hanley, president and CEO of BNY Asset Management is moving on—and Fidelity Investments is restructuring.

Exchange-traded-fund (ETF) assets increased by $23.3 billion for the month of April, totaling $830 billion, according to the latest ETF Snapshot from State Street.

Sixty-eight percent of employers reported that their company allows 401(k) participants to contribute 25% or more of their earnings, according to a survey by BLR.

Neuberger Berman has launched the Intrinsic Value Fund (NINLX, NINAX, NINCX), based on the investment strategy of the firm’s Small Cap Intrinsic Value team.

BlackRock Inc. and the largest U.S. business lobby groups are fighting to strike a provision in the financial regulations overhaul legislation that they say could harm millions of...

Many financial advisers are considering adding more services when helping clients plan for retirement, a new survey suggests.

Point-of-sale commissions continue to fade from the mutual fund sales process as advisers increasingly sell funds in fee-for-advice arrangements, according to a new study by Strategic Insight, an...

While the markets were in an apparent freefall last week, I could hear former Treasury Secretary Hank Paulsen on the TV in the next room...

May 7, 2010 (PLANSPONSOR.com) - Loring Ward has signed an agreement to acquire the assets and retirement services of Tribeca Advisors, LLC.

Secretary of Labor Hilda L. Solis filed an amicus curiae brief with the 4th U.S. Circuit Court of Appeals supporting the remedy of awarding plan participants a “surcharge”...

Transamerica Retirement Management now provides Morningstar Managed Portfolios by Morningstar Investment Services (MIS), a registered investment adviser.

The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) and the U.S. Securities and Exchange Commission (SEC) have published what was termed “guidance to help...

Charles Schwab has agreed to pay $35 million to settle a California state court suit over the Schwab YieldPlus Fund.