News

Looks like bonds are back—and in a big way. 

The majority of of 403(b) plan service providers responding to a recent SPARK Institute survey said they are already adhering to, or intend to adhere to, the institute’s...

Clewiston, Florida-based U.S. Sugar has agreed to pay $15.9 million to settle a breach of fiduciary duty lawsuit brought by 4,000 current and former employees, BLR reported.

In implementing its newly announced initiative to see how it can best facilitate the use of lifetime income investment vehicles in retirement plans, the U.S. Department of Labor...

Some 47% of polled Gen Y employees with an employer-sponsored retirement savings program said retirement savings has to take a back seat to funding everyday costs, such as...

According to the latest ETF Snapshot report by State Street Global Advisers (SSgA), as of November 30, assets in the U.S. exchange-traded fund industry totaled approximately $739 billion,...

Old Mutual Global Index Trackers (OMGxT) has listed GlobalShares FTSE Emerging Markets Fund (NYSE:GSR) on the NYSE.

More than three-fourths of surveyed plan sponsors of a defined contribution plan continued their matching company contributions during the economic downturn.

The U.S. Department of Labor is suing the trustees and other fiduciaries of the employee stock ownership plans and eligible individual account plans of DirecTECH Holding Co. Inc....

Lawyers for participants in Marsh & McLennan Co.'s (MMC) Stock Investment Plan have hammered out a $35-million settlement with the company of allegations it violated the Employee Retirement...

Andy Sieg, head of Retirement & Philanthropic Services (RPS) at Bank of America Merrill Lynch, has made retirement leadership changes, including two promotions and one outside hire.

Most advisers don’t see independent online brokerages as a threat to their businesses—but a new report suggests they might be.

The California Institute of Technology has chosen TIAA-CREF to be the single administrative services provider for the Caltech Retirement Program, beginning January 1.

The head of the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) will host a live public Web chat to discuss its regulatory agenda.

New York Life Investments said it is expanding its defined contribution investment only (DCIO) efforts through its lineup of stand-alone stable value products to third parties.

In a new report, the Government Accountability Office (GAO) made suggestions to the U.S. Department of Labor (DoL) to address plan sponsor and provider confusion over new reporting...

Charles Schwab has added integrated IFRS 2 reporting functionality into its Schwab EquiView recordkeeping system for corporate stock plan clients.

PIMCO announced that it hired Neel Kashkari, the former czar of the Troubled Asset Relief Program (TARP), as well as two portfolio managers from Franklin Templeton Investments.

The U.S. Department of Labor (DoL) said it is investigating how it can best encourage the use of lifetime annuities or other similar instruments.

Alabama is switching to a new 457 deferred compensation plan provider amid concerns about the previous provider and its relationship with the Alabama State Employees Association (ASEA).