News

Nearly half (49%) of 63 surveyed CFOs at financial services firms said their companies are reducing employee bonuses in the next six months, according to Grant Thornton LLP.

Thomas Harty has joined Plan Sponsor Advisors in a new senior consultant position, according to Jennifer Flodin and Donald Stone, co-founders of the Chicago-based retirement and investment consulting...

Invesco Aim has made some changes to the firm’s target-date funds.   

Gilbert Van Hassel was named as global chief executive of ING Investment Management, days after ING announced that the division will be spun off as a separate company.

In an effort to attract higher-level advisers, Raymond James Financial Services’ Investment Advisors Division increased the minimum level of assets under management required for new affiliations with registered...

LPL Financial Corporation (LPL) has agreed to pay nearly $1.3 million in restitution to Montana investors in a Ponzi scheme run by an independent broker.

A recent Watson Wyatt survey of large employers found that 35% of those that reduced their 401(k) match anticipate reversing that decision in the next six months—up from...

Poor hygiene, oversized carry-on luggage, and bickering families are among the top travel annoyances for Americans.

As many investors are still underweight equities, the logical thing to do is rebalance back toward equities, said David Kelly, managing director, chief market strategist for J.P. Morgan...

Recent research by Computershare and the London School of Economics found employees in employee stock purchase plans (ESPPs) work harder and stay with their employer longer.

A new partnership aims to help plan sponsors, their advisers, and third-party administrators to “easily manage the accounts of terminated participants, keep their savings invested in retirement, and...

Rick Ketchum, chairman and CEO of the Financial Industry Regulatory Authority (FINRA), said the agency has formed a task force to examine how regulation can welcome new forms...

Nearly half of workers leaving their job take a 401(k) cash distribution, a Hewitt study found.

The latest National Retirement Risk Index (NRRI) from the Center for Retirement Research at Boston College (CRR) showed a 7% drop in the share of households positioned to...

Prudential Financial has been talking about a new kind of retirement – now the firm has rolled out those ideas as a product design.

Despite the Wall Street turmoil and the economic downturn, the number of employees joining 401(k) plans serviced by Charles Schwab actually increased.

CDM Retirement Consultants, Inc., a Towson, Maryland, provider of open-architecture retirement plan solutions, is now offering administration services for defined benefit plans, including cash balance plans.

J.P. Morgan Funds has launched an online version of its target-date evaluation program, the Target Date Compass.

The defined contribution investment only (DCIO) business is moving from a minor appendage of an asset management firm's sales effort to its backbone, according to Sway Research’s latest...

Plan sponsors (and “plan professionals,” including advisers) looking to bone up on the new Form 5500 will have another chance to do so online.