News

The Internal Revenue Service proposed rules that would permit employers affected by substantial business hardship to decide mid-year to reduce or suspend non-elective contributions to safe harbor 401(k)...

The Hartford Financial Services Group, Inc., has made funeral planning benefits available to workers at no additional cost through employers that add group life insurance coverage to their...

The U.S. Department of Labor obtained court judgments ordering that $97,317 in benefits be restored to the 401(k) retirement fund of now-defunct Triangle Laboratories.

Covenant College in Georgia ceased making matching contributions to employees' 403(b) retirement accounts.

To help independent investment advisory firms maximize employee efficiency and productivity, Charles Schwab announced a series of performance management tools for advisers available through its Human Capital offering.

Rockford, Illinois-based Amcore Financial is cutting its 401(k) match, executive pay—and a couple of executives.

Under proposed legislation, participants undergoing specific financial hardships would get some relief on 401(k) penalties.

While considering selling its iShares unit to the CVC Capital Partners Group equity firm, Barclays has also received inquiries from other possible suitors for its Barclays Global Investors...

The Internal Revenue Service (IRS) ruled that an arrangement under which employees could give up the right to get retiree health benefits in exchange for a higher future...

The American Red Cross of Greater New York has joined the list of firms dropping or suspending 401(k) matches because of the economic downturn.

Two financial professionals have written a paper and designed a Web site for Baby Boomers planning to recoup their losses in their retirement plans.

Securities America said a survey of its advisers showed they are proactive during these challenging times.

Russell Investments created five new global service lines: Consulting and Advisory Services, DB/DC Outsourcing, OpenWorld, Retail, and Russell Investment Services (RIS).

Americans feel less confident about paying for health-related expenses in retirement.

A federal court jury in New York has convicted James Treacy, former chief operating officer of employment Web site Monster Worldwide, of defrauding investors through improper stock option...

The Securities and Exchange Comission (SEC) today proposed tighter rules for investment advisers who custody assets.

Many mutual fund firms provide advisers with commentary, but not all of them have jumped on board with new media endeavors.

The CDE Lightband Power Board approved a new plan for the Clarksville, Tennessee-based company to rework its retirement savings plan match.

Rollover provider RolloverSystems Inc. (RSI) is cutting the annual fee it charges for IRA's in response to continued economic pressures on working Americans.

CPI Qualified Plan Consultants, a Great Bend, Kansas-based third-party administrator (TPA) and recordkeeper, agreed to acquire Gatekeeper Administration&Consulting, a Flagstaff, Arizona-based TPA specializing in the education industry.