News

The Securities and Exchange Commission (SEC) has announced a distribution of nearly $185 million to more than 800 mutual funds that were affected by illegal market timing by...

The value and number of securities class-action settlements increased in 2009 from 2008, according to "Securities Class Action Settlements: 2009 Review and Analysis," an annual report by Cornerstone...

The ERISA Industry Committee (ERIC), joined by the American Benefits Council, have filed a friend of the court brief urging the 2nd U.S. Circuit Court of Appeals to...

A study prepared for the U.S. Small Business Administration (SBA) found that nearly 72% of workers in small companies have no retirement plan available.

Fewer Americans are saving for retirement and many still aren’t saving at all, according to a survey commissioned by online investing firm Scottrade.

Rick Wedge of of Novato, California-based Northgate Benefits, an NRP member firm, has been named the 2010 PLANSPONSOR Retirement Plan Adviser of the Year and The Prince Group in Indianapolis,...

Rick Wedge, Northgate Benefits, an NRP member firm (Novato, California)

The Prince Group (Indianapolis, Indiana)

The Hartford said it has expanded its team of sales consultants who serve the investment needs of defined contribution plans "as part of a broader strategy to continue...

Fidelity Investments' annual Retiree Health Care Costs Estimate indicated a 65-year-old couple retiring this year will need $250,000 to pay for medical expenses throughout retirement, not including nursing...

A recent study found that many Americans, particularly in some ethnic groups, are kept awake by problems such as financial concerns.

MetLife Resources, a division of MetLife, has made available IRS Form 5500 filing services to its 403(b) clients.

Dow Jones Indexes has announced the launch of the Dow Jones UAE 25 Index, which measures the performance of the 25 of the largest and most liquid equity...

Money managers aren't as bullish on the equity markets now as they were at year-end, according to a new survey. 

Morningstar, Inc. has launched the Morningstar Document Library, an online repository of documents covering investment products.

A federal judge in Tennessee has allowed First Horizon National Corp. to ask a federal appellate court to resolve a still-murky procedural issue in stock drop cases.

The U.S. Department of Labor (DoL) has updated its frequently-asked-questions site dealing with EFAST2, the DoL electronic filing system for Form 5500 and related documents.

Hand Benefits & Trust, a BPAS company, has announced that the MIZAN Fund, a Shariah-compliant collective investment fund, is now available upon request through Nationwide.

Bank of America (BofA) Merrill Lynch announced senior leadership appointments and new resources aimed to increase the firm’s reach with institutional consultants.

A federal court has ruled that participants in the 401(k) plan sponsored by MEMC Electronic Material can move forward with their Employee Retirement Income Security Act fiduciary breach...