News

In an Edward Jones survey, 34% of Americans said they don’t know what percentage of their savings they will need to withdraw annually in retirement to maintain their...

A joint report from the Insured Retirement Institute (IRI) and Cerulli Associates concludes that variable annuities can provide advisers flexibility in creating a retirement income strategy for clients....

In an effort to meet the “war for talent” head-on, Bank of America Merrill Lynch is rolling out a series of enhancements to its 401(k) and other financial...

CPEhr, a Los Angeles-based human resources firm, has partnered with Morgan Stanley Smith Barney to enhance the plan administration of...

AXA Equitable Life Insurance Company has updated its variable annuity, the Accumulator, first introduced in 1995.

Month over month, exchange-traded fund (ETF) assets fell $95 billion, down 9.1%, in September.

Man Investments is launching the Man Long Short Fund, a long/short equity fund of hedge funds with scheduled monthly liquidity in a Registered Investment Company format.

A recent survey from Allianz Life Insurance Company of North America found that 51% of non-retirees are questioning if 401(k), 403(b), and 457 plans are adequate ways to...

Nationwide Financial Services has hired eight new wholesalers to support advisers in the annuities and retirement plan businesses.

Vanguard research on diversity and retirement saving and investing shows that automatic employee enrollment into company 401(k) plans raises participation for all racial and ethnic groups.

The law office of Brodsky & Smith, LLC announced that it is investigating Bank of New York Mellon’s investment of retirement plan participants’ and beneficiaries’ assets in company...

The U.S. REIT market continued to outperform the broader equity market in the first nine months of 2011, in spite of losing ground to the S&P 500 in...

We spent some time this past weekend getting my eldest daughter squared away in her new apartment.   

A pair of Georgia legislators have introduced a bill that would open up 401(k) accounts to help make mortgage payments. 

John Hancock Financial Network (JHFN) is planning to launch a retirement income program for its advisers, called Retirement Ready.

LIMRA has suggested five things insurers can do in order to capture more retiree assets.

Vanguard research shows that returns of a balanced portfolio, 50% equity/50% bonds, have been statistically equivalent in times of economic recession or expansion since 1926.

The U.S. Department of Labor has sued an Alabama medical office and the physician who owns it for using profit sharing plan assets to fund the business.

A New York district court has ruled that Lehman Brothers did not violate its fiduciary duties under the Employee Retirement Income Security Act (ERISA) by continuing to offer...

Having drawn the scrutiny of regulators, Bank of New York Mellon now finds itself the target of another investigation.