News

Research from the Center for Retirement Research at Boston College found both low- and high-income workers benefit from employer-sponsored defined contribution plans. 

A few weeks back, I offered some notions about what the next five years will bring in terms of industry trends.

ASPPA is urging the Department of Labor to modify its Voluntary Fiduciary Correction Program, as it applies to late deposits of elective deferrals under ERISA.

Stock and bond funds experienced net outflows of $32.8 billion from long term funds last month, according to data from the Financial Research Corporation (FRC).

The site will help individuals and small businesses manage their of 401(k) retirement investment decisions.

The four funds in the Vanguard LifeStrategy series, which currently feature a mix of passively and actively managed funds, will adopt an all-index approach.

Burns Advisory Group, an Oklahoma City-based wealth management firm, and Dallas-based Executive Financial Group are merging with a combined $600 million in client assets.

New legislation is shifting the 403(b) market from highly individualized and retail-focused, to one that is more efficient and institutionalized, according to Cerulli Associates.

Orion Advisor Services is releasing an updated version of its portfolio management platform, Advisor Desktop.   

Results from the Mercer Workplace Survey show U.S. retirement benefit plan participants are dramatically more pessimistic about their economic expectations than just one year ago.

More than three quarters (79%) of investment managers surveyed in the latest Russell Investments Investment Manager Outlook (IMO) survey say they do not believe the U.S. economy is...

State Street Global Advisors (SSgA) announced that the SPDR S&P Aerospace & Defense ETF, SPDR S&P Health Care Services ETF, and SPDR S&P Software & Services ETF have...

The American Society of Pension Professionals & Actuaries (ASPPA) announced the launch of The National Association of Plan Advisors (NAPA).

Members of Ameriprise Financial Inc.’s 401(k) plan filed a proposed class action on Wednesday claiming they lost $20 million in investments, according to published reports.

Craig A. DeGiacomo has been named Vice President of Institutional Sales and Consultant Relations at Pioneer Investments.

S&P Indices has launched the S&P Latin America Infrastructure Index.

Research from a Swiss university has found that bank traders are more prone to risky and manipulative behavior than diagnosed psychopaths.  

MassMutual's Retirement Services Division has selected Shefali Desai to be National Sales Leader of Emerging Markets.

A significant number of financial professionals plan to ramp up their retirement income planning practices over the next few years, according to a study from the Principal.   

Transamerica Retirement Management and RetirementJobs.com have formed a partnership to help people over 50 find new sources of income in retirement.