News

A lawsuit was filed on behalf of shareholders against Lehman Brothers Holdings Inc., alleging the conduct of Lehman and four high-ranking officers caused the economic loss suffered by...

U.S. stock, bond, and money-market funds experienced inflows of more than $75 billion in May, according to Strategic Insight.

Two former Bear Stearns hedge fund managers were arrested Thursday and indicted on conspiracy and fraud counts.

The law firms of Milberg LLC and Liner Yankelevitz Sunshine&Regenstreif LLP separately announced they are investigating possible Employee Retirement Income Security Act (ERISA) violations by fiduciaries of the...

FTSE Group, a global index company, on Thursday launched the FTSE Environmental Opportunities All-Share Index.

First Tennessee Bank, a subsidiary of First Horizon National Corporation, in partnership with FundQuest Incorporated, a provider of managed account services, has launched three new products on its...

The Standard has opened a new Retirement Plans sales office in Indianapolis, Indiana.

Panelists discussed the issues surrounding QDIA strategies at PLANSPONSOR’s Plan Designs conference in Chicago.

Motivating employees to participate in the plan requires creative strategies—from serving cookies to visiting the oil rig where they perform their job.

Many full-time workers in developing and mature economies, not just the U.S., have taken few or no steps to plan for retirement.

A new survey indicates that the Baby Boomers who continue to work past retirement age are not only seeking income, but also social impact and personal meaning.

Rates of return for defined benefit (DB) pension plans outpaced those for employee-directed 401(k) plans over the last decade, according to an analysis by Watson Wyatt Worldwide.

Morningstar found that mutual fund managers commonly shop outside their own funds.

TIAA-CREF has published its first article in a new series that explores strategies for maximizing retirement income.

Natixis Global Asset Management, L.P. (NGAM) announced that Paul C. Anderson has been named vice president of its Institutional Services division.

Union Bank of California’s brokerage subsidiary, UnionBanc Investment Services, introduced assessment tool Retirement Income Evaluation.

Charles Schwab Investment Management, Inc., (CSIM) is further expanding its relationship with Mondrian Investment Partners Limited to offer two new funds to the Laudus Mondrian lineup.

Mercer is making group variable annuity ClearCourse available as an investment option for the defined contribution plans it administers.

A federal appellate court ruled that employees don’t lose the right to pursue individual claims when they cash out their plan balances.

For the first time since their creation, open-end mutual fund launches were eclipsed by the combined introductions of ETFs, closed-end funds, and variable annuities in 2007.