News

Charles Schwab established a new business unit, Institutional Services, to serve the needs of independent investment advisers, corporate benefit plan sponsors, and third-party retirement plan recordkeepers.

FTSE Group has expanded the FTSE Environmental Opportunities Index Series with the addition of nine new indexes, according to an FTSE news release.

John Hancock Financial Network (JHFN) is implementing a business model offering financial professionals a choice of three types of affiliation, based on the level of independence and support...

In another week (or so), PLANSPONSOR will publish its annual Defined Contribution Survey.

In another week (or so), PLANSPONSOR will publish its annual Defined Contribution Survey.

One of the reasons commonly cited behind the sponsorship of deferred compensation programs is to attract and retain valued workers.

Fidelity Investments on Friday told workers that there would be 1,700 fewer of them during the first quarter.

Nuveen Investments announced the creation of Nuveen Alternative Investments, a new unit designed to serve the needs of institutional investors seeking alternative forms of alpha and uncorrelated returns.

The U.S. Department of Labor has sued the board of directors of The Employee Ownership Holding Co. of Stockton, California, and Fife, Washington, for alleged violations of the...

Only one Wachovia executive will remain on the combined Wells/Wachovia senior executive team, according to a news report.

A former communications company employee battling in support of his stock-drop lawsuit suffered his second major legal setback.

Wirehouse advisers seem to like the idea of going independent—but few actually do it.

Research indicates that too many investment choices in a 401(k) plan may lead participants who are inexperienced investors to take on more risk than they would with fewer...

MassMutual said it added seven investment options to its platform for Taft-Hartley plans.

Standard&Poor’s Indices Versus Active Funds Scorecard (SPIVA) indicates that active fund managers underperform benchmarks over long periods of time.

A court ruled that a mutual fund company that engaged in a fee agreement with its investment adviser is not a “party in interest″ under the Employee Retirement...

Despite hurdles such as volatile markets and the freezing of pension plans, industry representatives consulted by Diversified Investment Advisors say they are upbeat about the industry’s future over...

The Internal Revenue Service (IRS) official who has become the tax agency’s public face on the 403(b) regulations is scheduled to appear in a December 4 IRS Webinar.

A public fund trade group has posted a series of video files on the government’s 403(b) regulations in light of the fast approaching January 1 deadline.

Participants enrolled in Securian Retirement 401(k) plans can track their savings progress on their plan statements.