News

Plan sponsors hoping for a simpler, easier way to satisfy the obligation to furnish summary plan descriptions (SPDs) to participants - are still hoping.

If General Motors completes its initial public offering on or before, November 19, 2010, it will be added to the Wilshire 5000 Total Market Index, effective after U.S....

After two years of contraction, hiring in the asset and wealth management industry rebounded in 2010, and compensation is set to show modest gains, according to a new...

Hand Benefits and Trust Company named Martin Campbell to the new position of Senior Consultant Institutional Trust, responsible for collective trust fund sales and consulting.

The U.S. Department of Labor's Employee Benefits Security Administration (EBSA) announced a series of enforcement actions to protect more than $7 million for workers in retirement plans or...

CPI Qualified Plan Consultants, Inc. is adding exchange-traded funds  (ETFs) to its retirement platform.

Goldleaf Partners is expanding its Regional Sales and Service Center in its Twin Cities Office and is hiring John Selander as Client Relationship Manager.

Employer matching contributions are the biggest motivating factor for employees to participate in their 401(k) plan, according to a new Charles Schwab study.

Asset managers are adding staff and increasing budgets to capture the fast-growing defined contribution investment-only (DCIO) market, as the competition for DCIO assets is getting intense, a new...

Paul G. Escobar will be heading up a new division at Bay Colony Partners, a privately held independent retirement planning firm.  

Transamerica Capital Inc. has chosen Scott Ramey to be Head of Business Development.

eRollover announced the launch of its new Web site.

Ninety-two percent of millionaires have not abandoned the stock market, with 43% currently engaged in moderate to heavy buying or selling and 49% waiting for the right opportunity...

J.P. Morgan unveiled a new iPad application that gives clients access to the investment bank’s research.

Compensation in the asset management industry is rebounding after two difficult years, according to a review by Greenwich Associates and Johnson Associates.

Glenmede, a privately-held and independent investment and wealth management firm, has announced that Susan P. Mucciarone has joined as Senior Vice President and Director of Wealth Services.

In a very real sense, this has been a “rebuilding” year for many plan sponsors and participants.  

Between late June and late August 2010, approximately 35,000 survey questionnaires were sent to defined contribution (DC) plan sponsors from the PLANSPONSOR magazine database, as...

The Bank of America Merrill Lynch "401(k) Contribution Activities Scorecard" for Q3 2010 found modest improvements in participants’ saving behavior, but also record levels of loans and hardship...

Relying on a financial adviser outside the plan was the preference for 37.5% of the roughly 6,000 plan sponsor respondents to PLANSPONSOR’s annual Defined Contribution...