News

Russell Investments hired Richard Davies as managing director, defined contribution (DC).

Managed accounts software provider Peridrome found an expected increase in the adoption of models-based distribution and newer products in a recent survey.

The U.S. Department of Labor (DoL) sued Coin Builders LLC of Wisconsin Rapids and its president, Joseph Kreeger, to restore more than $1.3 million plus interest to the...

Wells Fargo’s Institutional Retirement and Trust business has successfully completed all phases of its retirement systems conversion.

Steven Moen joins UBS in the newly created position of Executive Director of Defined Contribution and Retirement Solutions Group.

Perhaps it’s because they’re less likely to have a mortgage or other financial burdens, but Gen Y defines “financial success” as putting money aside for long-term goals, whereas...

Benefit Advisors Network (BAN) has accepted three new agencies into its national network of employee benefit brokerage and consulting firms.

The Securian Financial Group named four executive officer promotions.

Todd Lacey, founder of advisory firm The (k)larity Group, has taken a job with Transamerica Retirement Services and is selling his practice.

National Investment Managers, a retirement plan administration and investment management company, has agreed to be acquired by an entity owned and controlled by Stonehenge Opportunity Fund III.

The Dodd-Frank Act, target-date funds, and the evolving role of a fiduciary were some of the topics Frederick Reish and Robert Kaplan touched on at the ASPPA 401(k)...

Those wishing to comment on a pending regulatory proposal to revamp the definition of a fiduciary under the Employee Retirement Income Security Act (ERISA) now have more time...

Forty percent of millionaires expect a call-back from their financial adviser within two hours, according to Spectrem Group's “Millionaire Investor 2010” survey.

Lincoln Financial Group appointed Michael Conte as Vice President, Small Market Business Leader for the company's Defined Contribution Products team.

An AARP survey of African Americans in New York, age 50 and older, found that 49% will delay retirement if the economy does not improve.

February flows for exchange-traded funds (ETFs) topped $6 billion—the sixth consecutive month of positive flows, reports State Street Global Advisors (SSgA).

While nearly half (48%) of workers are aware of the amount of money they need to set aside to comfortably retire, less than a third (30%) believe they...

Transamerica Retirement Services announced the promotion of Jim Kais to vice president and director of Institutional Sales and Special Markets.

A public opinion research report indicates Americans think the recession revealed the flaws in the current retirement plan landscape and the government should make it easier for employers...

Effective immediately, Aon Hewitt is bringing advice to its 401(k) recordkeeping clients.