News

A federal judge has denied summary judgment for Kraft in an excessive fee suit.

Ascensus announced a partnership with Edward D. Jones & Co. to offer its open-architecture retirement plan platform, SingleSource, to a wider client base.

Edge Asset Management has appointed Greg Tornga as portfolio manager and head of fixed income.

A recent survey by Northern Trust saw a trend toward risk aversion among institutional investment managers in 2Q 2011; however, most also reported positive expectations for job growth...

The Wagner Law Group, specializing in ERISA, employee benefits, executive compensation and estate planning, has opened a New York office, near the city of Buffalo.

Use of the core/satellite investment strategy has helped drive the growth of exchange-traded funds, according to a recent study from Financial Research Corporation.

UBS Global Asset Management announced that Aaron Kilberg has joined the firm in a new role as Executive Director, Head of Equity Growth Sales.

At last week’s Northeast Area Benefits Conference, co-sponsored by the IRS and ASPPA, two Certified Public Accountants discussed the many moving parts of a retirement plan audit.  

A recent study from The Hartford found increased participation among many Americans in 401(k)s and other defined contribution (DC) plans.  

There were three big disclosure announcements last week.   

In a live Web chat, Phyllis Borzi, Assistant Secretary of Labor for the DoL's Employee Benefits Security Administration, said her staff is working to finalize its proposed amendment...

ASPPA and the National Tax Sheltered Accounts Association (NTSAA) have submitted a letter to the IRS regarding the termination of a 403(b) plan which is funded, in whole...

Hermes Real Estate Investment Management has partnered with UOB Global Capital and Hampshire Real Estate Companies to launch a closed-end commercial real estate income fund.

An $8.2 million settlement has been preliminarily approved by the U.S. District Court for the District of Puerto Rico in the consolidated class action lawsuit against Puerto Rico-based...

Excluding China, long-term funds in Asia collected over $15 billion in net flows during May, according to data from Strategic Insight, an Asset International company.

In order to meet the firm’s expanding client service needs, Drinker Biddle & Reath LLP has created a Financial Services ERISA Team.

Kravitz has announced the upcoming launch of what it called the nation's first ever Cash Balance Daily Access online portal. 

A recent survey of U.S. consumers and financial advisers set out to measure differences in perception when looking at an adviser’s level of honesty, trustworthiness, ability to deliver...

Kelley Drye & Warren LLP has announced the election of three partners and appointment of two special counsel.

DBL Investors appointed Lisa Hagerman as Director of Double Bottom Line Programs, and Patrick Sagisi and Sarah Ham to be Associates on the investment team.