News

Somewhere in the course of your professional life, you have no doubt heard (or used) the expression about what happens when you assume1.

Bank of America Corp has formally denied U.S. Securities and Exchange Commission (SEC) claims accusing it of misleading shareholders about bonuses paid to Merrill Lynch & Co employees...

Americans of all income levels and ethnic groups look on the spending and saving changes they have made in response to the economic turmoil of 2008 and 2009...

Have a question about electronically filing a Form 5500 report on the Department of Labor (DoL) Web site?

Rules barring participants from making 401(k) contributions for six months after taking a hardship withdrawal should be eased to help employees more quickly recover a more substantial retirement...

RolloverSystems, Inc. (RSI), a provider of rollover services, will now offer additional, elective service to NRP Financial, Inc. (NRPF) advisers to assist in opening IRA brokerage accounts.

The Mutual Fund Store, a network of registered investment advisers, has unveiled its Retirement Paycheck product intended to help retirees in their distributive phase.

Fewer than half of plan sponsors said their benefits budgets increased over 2008, down from the two-thirds of those polled about their 2007 and 2006 spending, a Prudential...

The Hartford Financial Services Group, Inc,. has appointed J. Michael Shamburger as national sales manager for corporate retirement programs in its Retirement Plans Group (RPG).

The Internal Revenue Service (IRS) on Thursday provided sponsors with two sample plan amendments to help them implement the one-year waiver of the required minimum distribution (RMD).

Russell Investments has developed a methodology to provide investors with a way to measure and compare target-date fund families.

A South Carolina hospital is restructuring its retirement savings program, including a freeze on its current defined benefit plan.  

Lafayette, California-based McHenry Partners LLC has named Geoff Eukel as research director.  

Consultant Mercer has tapped Toni Brown  from Callan Associates to serve in the new position of director of client consulting for its investment consulting business in the U.S. 

Before you reach for the junk food after a rough day at the office, chew on this: A new study found that overweight people gain more when stressed...

Fidelity Investments is increasing the international equity exposure and adding Treasury Inflation-Protected Securities to its lifecycle funds.

Jersey City, New Jersey-based investment management firm Lord, Abbett & Co. announced Wednesday it is getting out of the small-401(k) market to concentrate on its defined contribution investment-only...

Nearly half (47%) of employers are now automatically enrolling participants into a retirement plan and another third are seriously considering it, a new survey found.

The Hartford has released a new package of educational materials designed to help advisers teach clients about the finer points of fixed-income diversification.

Financial advisers might have significant opportunity helping Americans figure out where their investments are and where they need to go, a Hartford poll suggests.