News

The New York Attorney General’s office has subpoenaed Bank of America (BoA) for a list of employees' bonuses, according to reports.

At a time when some employers are suspending their 401(k) match to save money, a new research study suggests the match is a “critical component″ of pushing up...

A second look at the Baby Boomers who turned 62 last year and a new look at the younger Boomers, now turning 45, shows both are not saving...

Nearly nine out of ten surveyed African Americans acknowledge they do not have a professional financial adviser, according to a survey by Nationwide.

President Barack Obama’s budget blueprint released on Thursday includes proposals for an automatic IRA plan for workers and an expansion of the Saver’s Credit.

Hewitt Associates clients will soon see a familiar face: Ari Jacobs has rejoined the company as the North American Retirement Solutions Leader, the company said.

John Costas, the former head of UBS’s investment bank, is setting up a full-service boutique in New York for institutional clients, according to news reports.

UBS announced this morning that Oswald J. Grübel replaced Marcel Rohner, who has resigned, as the company’s Chief Executive Officer.

The U.S. Senate Special Committee on Aging held a hearing about the economic downturn’s effect on retirement security, particularly for those who are on the brink of retirement.

Fewer Americans expect to retire, but many remain confident in their own ability to plan for retirement.

Perspective Partners, a firm specializing in measuring 401(k) plan effectiveness, has launched a savings stimulus campaign providing free assistance to businesses.

Two managing general partners of WG Trading Co. of Greenwich, Connecticut, have been charged with running an estimated $550 million investment fraud.

Mercer has recently added two personalized online retirement planning tools to its base service offering for defined contribution (DC) plan administration clients.

Robert J. Callanan, Jr. has been named a Managing Director at UBS, supporting corporate plan sponsors and providing wealth management and education services to their stock plan employees...

An industry-sponsored study found that 86% of individual buyers of long-term care insurance last year were younger than age 65.

Before you traverse to Traverse City or shoot over to Charlotte, check out this list of America’s most expensive airports for domestic travel.

Forward Management, LLC, investment adviser to the Forward Funds, will add the Kensington Funds from the Kensington Investment Group, Inc., to the Forward Funds series.

The nation has a new Secretary of Labor.

While individuals speaking during the U.S. House Education and Labor Committee’s hearing on “Strengthening Worker Retirement Security″ described the nation’s retirement system as being “in peril,″ lawmakers were...

A representative of several business groups testified before a state legislative committee Tuesday to oppose a proposal for the state of Connecticut to sponsor a 401(k) plan for...