News

Nine in 10 U.S. workers in their employer retirement plan have not tapped into their nest egg despite the economic downturn, and 11% are actually upping their deferral...

PlanSource said it will now be able to manage a broker’s entire book of business under one solution.

The Depository Trust&Clearing Corporation (DTCC) said FolioDynamix, a provider of technology platforms and services to the managed accounts industry, has joined DTCC’s Managed Accounts Service.

The bear market will lead to a proportional decrease in regular fund fees and severe cuts in performance-based fees, according to Boston Consulting Group (BCG).

Putnam Investments President and CEO Robert Reynolds continues to bring in former Fidelity Investments executives.

The latest bulletin from the Internal Revenue Service, IR-2008-134, reminds low- and moderate-income workers they still have time to take steps to get the full benefit of the...

Rocaton Investment Advisors launched a tool providing plan sponsors with a new way to judge the level of fees and expenses they are paying for their defined contribution...

Some respondents plan to increase stock investments and cash reserves in the next year, according to a survey by Allianz.

A Las Vegas casino company and one of Utah’s largest employers are the latest to cut 401(k) employer match contributions in an effort to reduce costs.

Plan designs should evolve beyond their focus on helping employees accumulate an adequate amount of retirement savings to a focus on encouraging participants to secure lifetime income during...

While a majority of board of directors or board-level committees retain responsibility for appointing fiduciaries for qualified plans, an increasing number are choosing to delegate that responsibility.

Prudential Fixed Income Management has made its nine fixed income collective trust funds available to defined contribution plans.

Transamerica Retirement Services announced a series of enhancements to Transamerica Partner iSeries, a Web-based, virtually paperless plan administration tool for third-party administrators (TPAs).

Focus Financial Partners LLP formed a consulting service for “elite broker teams” establishing fee-based registered investment advisory (RIA) firms, the company said.

Younger participants with fewer years on the job have fared reasonably well with their 401(k) accounts during the economic downturn compared with their older colleagues who have not...

Three-fourths of financial advisers polled in a new JPMorgan Funds-sponsored survey said that when evaluating target-date fund options, plan sponsors lack clear and objective criteria for selecting the...

Securian Financial Group acquired Capital Financial Group, Inc. (CFG) and its broker/dealer affiliate, H. Beck.

Capturing high-net-worth (HNW) clients is increasingly focused around a holistic financial outlook rather than generating good investment performance, according to the latest edition of 'The Cerulli Edge—U.S. Asset...

I wouldn’t for a second suggest that the current financial/economic crisis that we are enmeshed in isn’t “real.

New York Life Investment Management (NYLIM) said its Equity Investors Group (EIG), will become Madison Square Investors LLC on January 1.