News

AllianceBernstein is taking steps to smooth out the bumps in the road for its target-date fund family.

W. Garrett McDaniel Jr., a senior-level financial services and executive benefits marketer, has joined Clark Consulting, LLC, to help spearhead the company’s outreach initiatives through select third party...

Blue Prairie Group is launching its proprietary Fiduciary-based Investment Consulting report.

A plan sponsor charged with stealing from her company’s 401(k) plan has been sentenced to more than two years in prison.

Guggenheim Partners, LLC, has worked out a deal to acquire Topeka, Kansas-based retirement services provider Security Benefit Corporation.

Nationwide Financial Services, Inc., has turned to Cain Hayes as senior vice president and chief sales officer for Nationwide Retirement Solutions (NRS), the company announced.

Albany, New York-based Newkirk, a retirement plan communications provider, has unveiled a suite of retirement readiness communications and reports.

Invesco has launched a Web site featuring educational resources to meet the needs of U.S. defined contribution plan sponsors, consultants, recordkeepers, and advisers.

The Hartford Financial Services Group has launched a new search engine, which it said is designed to help financial advisers target potential sponsor clients.

Bruce Shay, a Securian Financial Group senior vice president in charge of the company’s retirement business, has been promoted to executive vice president by the firm’s board of...

Charlotte, North Carolina-based PlanTools has released the Client Resource Center (CRC) as part of its Risk Management System.

Robert L. Carroll has been promoted to divisional vice president, Eastern Division, of John Hancock Retirement Plan Services (RPS).

A woman who sued her stockbroker brother won $608,000 under the decision a Financial Industry Regulatory Authority (FINRA) arbitration panel.

More than half of independent advisers said their clients have modified their expectations of retirement lifestyle or plan to delay retirement, according to a survey by Curian Capital,...

Two weeks ago, the Department of Labor and the U.S. Treasury turned to the retirement plan community for some input. 

A Chicago law firm has filed two stock-drop suits against Motorola, alleging the communications company caused large losses in its defined contribution plan by not being forthright about...

A recent study found that retired households receiving financial advice had more assets after a 10-year period than households that did not.

Following strong inflows in 2009, U.S. exchange-traded-fund (ETF) flows dipped into the red to kick off 2010, with $16.7 billion in net outflows in January, according to estimates...

Mutual funds saw inflows of $44.5 billion in January, according to estimates from Morningstar, Inc.

The Department of Labor (DoL) has posted on its Web site six EFAST2 user guides to assist with electronically filing Form 5500 for 2009 and later plan years.