News

A new target-date fund series will be co-managed by Morningstar Associates and AllianceBernstein, and boasts a diverse cast of managers, including Franklin Templeton and PIMCO.

The funded status of the largest corporate defined benefit (DB) pension plans decreased by $5 billion during July, according to data from Milliman, Inc.

The Puerto Rico Treasury Department has issued guidance on tax prepayment windows for retirement plans, according to a brief from the Groom Law Group.

Guide Financial, a provider of software solutions for advisory firms and financial institutions, has launched a new investment analytics and portfolio builder program.

The lack of key considerations, such as the effect of future contributions to retirement plans, leads some research to paint an inaccurate picture of Gen X’s retirement readiness.

RCS Capital Corporation (RCAP) has entered into an agreement to purchase independent broker/dealer Girard Securities, Inc., further expanding the RCAP advisory network’s major 2014 growth.

Non-qualified executive retirement plan sponsors report that they would like to see participation levels in these plans increase.

Current conditions in the retirement benefits arena make in-plan lifetime income solutions a difficult proposition for many plan fiduciaries, despite growing demand for the products.

The Principal Financial Group has hired Mike Parrett as vice president of consulting.

Providing financial support for family members is throwing a wrench in some Americans' plans for retirement.

Armed with GPS, favorite music and companions, Americans are ready to hit the road by Labor Day, a survey finds. 

Four new tablet-friendly retirement readiness modeling tools from Wealth Management Systems Inc. (WMSI) help users set and track retirement savings goals based on projected income needs.

Fidelity Investments has agreed to a settlement of two lawsuits charging it with subjecting its own 401(k) plan participants to high investment fees.

Drew McCorkle joined the Atlanta office of CAPTRUST Financial Advisors as vice president and financial adviser. 

American Century Investments appointed Glen Casey as senior vice president and global head of products.

GRQ Investment Management alleges in a new lawsuit that Financial Engines, Inc. and its subsidiary advisory firm, violated two patents related to digital investment advice and managed accounts.

Jon Prescott joined Envisage Information Systems LLC as vice president of institutional business development.

“In contrast to the accumulation stage, retirement income is very personal,” Amy Cribbs, head of Participant Experience at Vanguard in Malvern, Pennsylvania, tells PLANADVISER.

LPL Financial LLC has launched its new Worksite Financial Solutions website to help employees gain confidence in their financial future.

A federal court has found a wealth accumulation plan (WAP) offered to executives of RBC Capital Markets Corporation is a “pension plan” under the Employee Retirement Income Security...