News

Fidelity Investments has been chosen by AT&T as its sole retirement provider, Fidelity announced.

The Securities and Exchange Commission is working to have new technology to handle tips and complaints in place by the end of the year.

The Principal Financial Group created the “Savings-to-Employment Income Ratio” to help investors estimate the health of their retirement savings; a white paper was written to complement the tool. ...

BPAS, a provider of defined contribution (DC), actuarial, institutional trust and flex services, has upgraded its Web site.

The SPARK Institute, a retirement services trade group, is advising plan sponsors to not act hastily when deciding whether to offer in-plan Roth conversions as a result of...

The median return of the State Street Universe (SSU) of total plans rose 8% in the third quarter of 2010, following the 4.4%-loss in the prior quarter, State...

Investors are looking for investments with many of the characteristics that exchange-traded funds (ETFs) have, according to a survey released by TD Ameritrade Holding Corporation.   

Lincoln Financial Distributors, the wholesale distribution subsidiary of Lincoln Financial Group, announced that Greg Libby joined the firm as regional sales director with the Defined Contribution /401(k) team.

As defined contribution (DC) plans have much more inherent risk than defined benefit plans, participants, sponsors, and advisers need to take a more hands-on and active approach to...

Russell Investments launched the first five equity benchmarks in a series of equal weight equity indexes that reflect U.S. and global market segments.

BlackRock, Inc. and SunGard have announced a solution that will support the use of funds generating lifetime retirement income within corporate defined contribution (DC) plans.

Last week the Labor Department issued a proposal that would, by its reckoning, provide the first update to the definition of an ERISA fiduciary since...

A new J.D. Power and Associates study showed financial adviser sentiment towards their firms has stabilized in 2010, after a rocky few years.

Russell Investments launched a new global benchmark to offer investors increased flexibility in their global mandate.

Tamarac Inc., a provider of integrated portfolio management software and services, has created Advisor View, a new performance reporting application.   

Cogent Research found that providers will gain business and loyalty from advisers if they are able to establish both a functional and emotional connection with advisers.   

A federal judge in Illinois ruled that a participant in the Verizon Communications cash balance plan is entitled to attorney’s fees for her long-running legal battle even though...

The former Assistant Secretary of the Department of Labor’s (DoL) Employee Benefit Security Administration (EBSA) said the fiduciary definition proposal by the DoL is addressing issues already addressed...

The Financial Industry Regulatory Authority (FINRA) has chosen J. Bradley Bennett as the new Head of Enforcement.  

In a conference call with the media, Phyllis C. Borzi, Assistant Secretary of Labor at the Department of Labor, described the current fiduciary guidelines as being “arcane.”