News

In one year, the number of employer clients offering at least one auto-savings tool, automatic enrollment or automated savings increases, nearly tripled to more than 30,000, according to...

Nearly half (40.5%) of widows say they rely on financial advisers for investing advice, more than double any other female demographic group, according to The OppenheimerFunds, Inc. 2007...

A lawsuit filed against Morgan Stanley claims that, although the Securities and Exchange Commission (SEC) barred an adviser from trading over-the-counter securities in the 1980s, Morgan Stanley's predecessor...

The Securities and Exchange Commission (SEC) is trying to decide if it can – or should - help investors be more aware of business ties with terrorists.

CAPTRUST Financial Advisors announced that Jeff Montgomery and Quana Jew will join the firm’s advisory board.

Thanksgiving has been called a “uniquely American″ holiday, and while that is perhaps something of an overstatement, it is unquestionably a special holiday, and one on which it...

Baby Boomers appear to be talking more with their adult children about family finances than with their parents, a new study says.

The Nasdaq Stock Market, Inc. (NASDAQ) has listed five new exchange-traded funds (ETFs) sponsored by Barclays Global Investors, N.A. on its ETF Market.

The IRS has posted a sample notice to be used to notify participants about their rights and obligations under automatic enrollment and automatic contribution arrangements.

The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA), the Internal Revenue Service, and the Pension Benefit Guaranty Corp. (PBGC) announced the publication of revisions to the...

Federal securities regulators have given preliminary approval to a plan that will make prospectuses easier to understand and general improve mutual fund disclosures.

Kravitz, a consultant in the design, implementation, and management of cash balance pension plans, has introduced the Cash Balance TPA Partners Program.

AIG VALIC has unveiled Portfolio Director Ibbotson Solutions, a new service that provides certain 403(b) plan sponsors with independent, third-party expertise in the selection and oversight of their...

Morgan Stanley Global Wealth Management Group has announced enhancements to ClientServ, its online account access portal for individuals and small to mid-size businesses.

Think you know what it takes to be a top-ranked college football team? Think again.

AIG SunAmerica Retirement Markets, Inc. has introduced the AIG SunAmerica Individual 401(k), including an “income for life” option for millions of eligible self-employed business owners.

The Principal Financial Group has come to terms with the state of Connecticut in connection with the sale of certain Single Premium Group Annuity and Single Premium Guaranteed...

AIG VALIC has renamed its distributor, VALIC Financial Advisors, Inc. as AIG Retirement Advisors, Inc.

About twice as many U.S. households own mutual funds through tax-deferred accounts – employer-sponsored retirement plans, IRAs, and variable annuities - as own funds outside such accounts, according...

Financial Engines has introduced a new pricing schedule for organizations choosing to default existing or new participants into managed accounts.