News

Aon Consulting found that many companies with frozen pensions intend to make investment strategy changes to cut corporate pension expense volatility and put themselves one step closer to...

Women remain at a higher risk for retirement insecurity as compared with men, according to a research brief issued by the National Institute on Retirement Security (NIRS).

Marsh&McLennan Cos. Inc. agreed Wednesday to pay $2.4 million to settle bid-rigging and client-steering charges leveled by Connecticut Attorney General Richard Blumenthal.

Payden&Rygel has announced a reduction in expenses for the Payden/Wilshire Longevity Funds, its target-date fund series.

HighTower, a financial services firm serving high-net-worth (HNW) clients, has added several advisory teams across the U.S.

The Financial Industry Regulatory Authority (FINRA) said it entered settlements with four more firms relating to the sale of auction rate securities (ARS).

Being a millionaire just isn’t what it used to be.

RolloverSystems, Inc. (RSI), an independent provider of rollover services, announced it is boosting its distribution capabilities with the appointment of two new regional sales directors.

Wells Fargo&Co. told employees Monday it will no longer contribute to its traditional pension plan.

The Florida State Board of Administration (FSBA), has hired Hewitt Associates as recordkeeper for the FSBA’s $3.8-billion 401(a) retirement savings program.

Mobile, Alabama-based DailyAccess Corporation has named Michelle Gosnell as senior vice president of Operations.

The MetLife Mature Market Institute released a workbook with a DVD containing assessment tools, information, and resources to help those contemplating whether to retire and how to move...

WisdomTree and The Dreyfus Corporation, part of BNY Mellon Asset Management, announced the listing of the WisdomTree Dreyfus Emerging Currency Fund (CEW) on the NYSE Arca.

Pershing Advisor Solutions announced that its registered investment adviser (RIA) customers now have access to a broader array of fixed-income investment choices.

ING Life Companies has relaunched its corporate variable universal life insurance product, issued by Security Life of Denver Insurance Company, with enhanced pricing.

While federal securities regulators have made progress in working out internal organizational kinks, the U.S. Securities and Exchange Commission (SEC) still has a way to go before reaching...

The Pennsylvania Securities Commission (PSC) said it offers background information of brokers and investment advisers for consumers.

See how what’s in your glass compares to your neighbor’s glass.

Federal securities regulators on Tuesday charged the two top executives of the Reserve Management Co. money market fund with fraudulently keeping secret the true precarious financial situation of...

A recent study found that workers have misconceptions about target-date funds.