News

The Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS) has announced that his complaint against JPMorgan Chase & Co., JPMorgan Chase Bank, N.A., J.P....

MassMutual's Retirement Services Division has created RetireSmart, a participant education program.

Sterling Capital Management announced that effective as of February 1, BB&T Funds have been renamed Sterling Capital Funds.

Symetra Life Insurance Company named John Richter as vice president of National Accounts.

Alliance Benefit Group Carolinas has become a division of Pentegra Retirement Services.

Three U.S. Senators introduced a bill that would require an annual statement to be sent to retirement plan participants, similar to the one sent by the Social Security...

A LIMRA study found defined contribution plan participation and deferral rates are nearly identical for women and men, yet women's totals are falling short.

TD Ameritrade Institutional is launching TD Ameritrade Advisor Education, a customizable learning management system for independent registered investment advisers (RIAs). 

Witnesses appearing before the U.S. Senate Committee on Health, Education, Labor and Pensions (HELP) Thursday told lawmakers that while the retirement income sufficiency issue in the U.S. is...

The Securities Industry and Financial Markets Association (SIFMA) has asked the Department of Labor (DoL) to reconsider its proposed rule that would redefine the term “fiduciary” under the...

Wells Fargo Institutional Retirement and Trust launched a Web site to help advisers avoid “information overload”  when it comes to selecting a plan provider.

The ERISA Industry Committee (ERIC) warned the Department of Labor (DoL) about the unintended consequences that can result from broadening the definition of fiduciary.

The Securities and Exchange Commission (SEC) has charged TD Ameritrade for failing to reasonably supervise its registered representatives, some of whom misled customers when selling shares of the...

The Securities and Exchange Commission (SEC) has charged three AXA Rosenberg entities with securities fraud that led to $217 million in investor losses. 

ING’s U.S. Retirement Services business is expanding its program for researching, selecting, and monitoring plan investments to support more types of employers.

Teucrium Trading is introducing two, single-commodity exchange-traded products for the energy space.

Russell Investments announced the launch of the Russell Stability Indexes.

The mutual fund industry has benefited this past year from moderately improved investor confidence, rising stock prices, rapid fund innovation, and evolving leadership among fund managers, notes a...

Transamerica Retirement Services has hired Steve Marsh as regional vice president in the company’s Southern Region.

Towers Watson has hired Michael Hall as West Division Investment Leader.