News

Davis Polk & Wardwell LLP announced Jeffrey P. Crandall is joining the firm in New York as a partner in its Executive Compensation and Employee Benefits practice. 

Bill Simon, Jr. has joined Brinker Capital in the newly created position of Managing Director, Retirement Plan Services.

I have watched with increasing interest the growing furor over the Department of Labor’s proposed new fiduciary definition.   

A federal appellate court has upheld a ruling that the cash balance plan offered by El Paso Corporation does not violate the Employee Retirement Income Security Act (ERISA)...

Natixis announced that William Maier has been appointed Head of Corporate and Sponsor Coverage for North America.

Uncertainty over the economy accelerated in July, causing U.S. mutual fund investors to net redeem an estimated $16 billion in cash out of U.S. stock and bond mutual...

In June, excluding short-term money products, local funds in Asia attracted over $15 billion in net flows, according to Strategic Insight, an Asset International company.

Some workers are making ends meet by foregoing long-term savings, according to a recent CareerBuilder survey.

Stephen Johnson and Eric Mull will join Wilmington Trust as part of the company’s business development initiative.

June saw the U.S. exchange-traded fund industry rebound with net inflows of $9.8 billion, and July saw that trend continue as U.S. ETFs rallied, bringing in $17.2 billion.

June's trends accelerated in July, with estimated long-term fund outflows quadrupling to $17.1 billion, according to data from Morningstar.

A recently released study from Pulse Logic set out to explain why independent registered investment advisers (RIAs) have more assets under management than broker/dealer affiliated advisers.  

Mutual fund asset growth is expected to level out at a 10% rate in 2011, as compared to the 16% increase experienced in 2010, according to Financial Research...

Great-West Retirement Services has unveiled a fee disclosure template that goes beyond the requirements outlined by the Department of Labor.

SunTrust Banks added its new Retirement Readiness reports to its institutional 401(k) platform, which aim to help employers evaluate how prepared their employees are for retirement.

With over 750 million users, Facebook would have the third largest population if it were a country–and one group has plans to wipe it off the map.   

M&I Institutional Trust Services has named Jeffrey Wallace as Vice President and Regional Sales Director for California and Nevada.

Originating from an organization with over 30 years of experience in health benefit management, Simplifi ESO, LLC has launched its business operations nationwide.

In what industry experts are calling “unprecedented times,” experts say it is important that investors avoid panic selling and stay focused on their long-term strategies. 

Security Benefit Corporation announced that Michael Kiley will become Chief Executive Officer effective September 30, 2011.