News

Anheuser-Busch plans to freeze its pension plan for salaried employees, eliminate retiree health coverage for new employees and ask retirees to contribute more to their health benefits –...

Barclays PLC is expected to announce as soon as tomorrow that it has reached an agreement to sell iShares.

A federal judge in Illinois has ruled that employees challenging the fee levels in Lockheed Martin’s 401(k) plans can proceed as a class action.

A Boston federal court jury turned aside NewRiver’s patent infringement lawsuit against Newkirk.

The Utah Symphony&Opera is cutting its budget, including its 403(b) contributions.

USA Tax&Insurance Services (USA Tax) rolled out a system to help advisers sell managed portfolios and acquire assets under management, the company said.

401(k) balances aren't the only things that are down.

AARP Services, Inc., has launched a new initiative designed to assist small business owners with group health insurance, retirement planning, and payroll services.

Claymore Investments, a Canadian exchange-traded fund (ETF) provider, has launched two foreign-equity-based ETFs.

Saving money and working with a financial adviser seem to lessen the stress people felt about the current economy, a new survey found.

The Retirement Services division at American United Life Insurance Company (AUL), a OneAmerica company, appointed Deborah Rubin to regional sales director in the Washington, D.C.-based office.

A leading Congressman on pension issues said today that it would be a “mistake″ to do away with the defined contribution system.

It should come as no surprise to discover that nearly two-thirds of surveyed participants say their retirement confidence has declined in the past twelve months.

The 401(k) may be “down,″ but the reports of its death are as “exaggerated″ as Mark Twain’s death once was, according to a recent presentation.

Grail Advisors, which distributes actively managed exchange-traded funds (ETFs), announced a number of appointments to lead and manage the company’s sales and distribution efforts.

401kDIRECT launched a new program that gives advisers, third-party administrators (TPAs), and plan sponsors access to exchange-traded funds (ETFs).

Roland|Criss Fiduciary Services, a provider of fiduciary protection and certification programs to retirement plan sponsors and endowments, announced the addition of Brian Cressey to its staff.

Transamerica Insurance&Investment Group (TIIG) launched a resource for financial planners and life insurance professionals to help clients who have children or relatives with special needs.

A federal judge has given preliminary approval to a proposed $75 million deal to settle claims Merrill Lynch violated its fiduciary responsibilities by keeping company stock in its...

Congressman Dennis Kucinich (D-Ohio) on Monday urged the U.S. Securities and Exchange Commission (SEC) to determine if Merrill Lynch bonuses violated securities laws, according to a news report.