Lawmakers Introduce Legislation to Promote ESOPs
Congressman Ron Kind (D-Wisconsin) has introduced the "Promotion and Expansion of Private Employee Ownership Act of 2011."
News
Limited Scope Audits Misunderstood by Some
The 2010 ERISA Advisory Council found that deficiencies in limited scope audits of retirement plans may be due to some misunderstandings.
Group Offers Recommendations for Retirement Plan Audits
The 2010 ERISA Advisory Council found significant problems with retirement plan audit quality, auditor quality, or both.
Workplace DC Offering Key to Retirement Readiness
The ability to participate in a defined contribution (DC) retirement plan at work is imperative for having enough money to afford basic expenses and cover uninsured medical care...
Appellate Court Rules in Favor of Plaintiff
A U.S. appeals court found that fiduciaries of the bankrupt Rock Island Corporation can be liable for allowing retirement plan participants to select company stock as an investment...
Barclays Introduces Commodities ETNs
The new commodities are part of the iPath Exchange Traded Notes (ETNs) series, linked to Barclays Capital Pure Beta Indices.
Turner Emerging Growth Fund Reopened to New Investors
Turner Funds has reopened the Turner Emerging Growth Fund to new investors after being closed for 11 years.
Mutual of Omaha Adds Funds to Retirement Platform
Mutual of Omaha’s Retirement Services recently added funds to its investment lineup, including Vanguard Target Retirement Funds.
Capital Strategies Names Director of Investment Operations and Analysis
Jaime Mauppin has joined Capital Strategies Investment Group (CSIG) as Director of Investment Operations and Analysis.
JPMAM Adds to Fixed Income Team
J.P. Morgan Asset Management has hired Bob Fields as Executive Director and Client Portfolio Manager in the Tax Aware Fixed Income Group.
Retirement Concerns Come in Third, PwC Finds
Meeting day-to-day expenses is more of a concern for U.S. employees than funding retirement, according to PricewaterhouseCoopers (PwC).
Bright Ideas
Insights from the Retirement Plan Adviser and Adviser Team of the Year winners and finalists.
TD Ameritrade Launches ETF Offering for 401(k)s
TD Ameritrade Trust Company created an investment program that allows plan sponsors and independent registered investment advisers (RIAs) to offer exchange-traded funds (ETFs) to 401(k) plan participants.
ING Hires Head of Valuation for U.S. Retirement Services
ING hired Dwayne S. McGraw to serve as Head of Valuation for the U.S. Retirement Services division, effective as of April 11.
Dow Jones Adds Four Indexes to RBP Family
Dow Jones Indexes announced the addition of four new indexes to its family of Dow Jones RBP Indexes.
S&P Introducing New Versions of S&P 500
S&P Indices is launching two indexes designed to provide market participants with unique measuring tools for specific stock characteristics within the S&P 500.
Report Examines How Financial Advisers Use ETFs
Strategic Insight, an Asset International company, has released a report analyzing how exchange-traded funds (ETFs) are being adopted by advisers.
SEC Seeks Input on Investor Education
The Securities and Exchange Commission is looking for input on the effectiveness of existing investor education efforts.
Madoff-Related Lawsuit against SEC Dismissed
A federal judge threw out a lawsuit by two of Bernard Madoff's former clients, which accused the Securities and Exchange Commission (SEC) of negligence for failing to uncover...