News

A federal judge in New Jersey said that a 401(k) participant has no legal right to sue his employer over the company’s deferral limit of 15%.

Arnerich Massena, a Portland, Oregon-based independent money manager, chose Scott Dunbar to be its director of institutional services.

A recent Wells Fargo survey showed that many respondents did not have a realistic understanding about how much money they will need in retirement.   

Potential tax increases will lead to a higher number of households at risk in retirement, according to a new study.

State Street Global Advisors (SSgA), the investment management arm of State Street Corporation, announced the appointment of Frank Henze as head of exchange-traded funds, Asia Pacific.

Minneapolis-St. Paul residents are the best prepared for and confident about retirement, according to a new poll.

New York Life Retirement Plan Services announced the launch of a redesigned participant Web site.

MSCI Inc. has launched a series of value weighted indexes.

Forty-three percent of people said in a recent survey that in times of financial troubles, they would make early withdrawals from 401(k) or other retirement accounts.

With $4.2 trillion in assets, individual retirement accounts (IRA) accounted for more than one-quarter of all U.S. retirement wealth in 2Q2010, according to an Investment Company Institute (ICI)...

The Connecticut State Treasurer’s office announced several enhancements for the CHET direct-sold 529 college savings plan today.   

ING Retirement Services has added a tool to its GROW program that focuses on participant education.

Smaller plans don't necessarily cheaper costs.  A new survey actually proves otherwise. 

Plans in the Callan DC Index recovered lost ground in the third quarter, returning 8.4% on average.

Laserfiche announced today the availability of a prepackaged integration with Salesforce.com, designed specifically for registered investment advisers (RIAs). 

J.P. Asset Management announced new Class R6 Shares will be available on 18 funds.

BB&T is adding Genworth's guaranteed lifetime income product, ClearCourse, to its 401(k) investment options.

Apollo Global Management, a global alternative asset manager, and Lighthouse Investment Partners, a fund of hedge funds manager, have struck a strategic alliance.

More than 85% of the recordkeeping firms responding to a SPARK Institute poll said they plan to utilize the Institute’s information sharing standards and data records for retirement...

SunGard’s wealth management platform is integrating Dow Jones Adviser's Web-based services.