News

A strong theme in testimony from witnesses at this week’s hearing into providing lifetime income options in retirement plans was a warning of how much sponsors fear incurring...

Since the Department of Labor issued its regulations on qualified default investment alternatives (QDIAs), target-date funds have been favored as a QDIA selection for plan sponsors.

SunTrust Banks, Inc. has introduced an interactive online Retirement Toolbox for businesses who choose SunTrust as their 401(k) plan provider.

The Internal Revenue Service is holding a phone forum on SIMPLE IRA plans.

Participants in 401(k) plans invested in mutual funds paid slightly higher expense ratios in 2009, according to an annual report by the Investment Company Institute (ICI).

The 53rd Annual Survey of Profit Sharing and 401(k) Plans indicates plan sponsors are concentrating more on investments.

U.S. Senators on Thursday approved a provision allowing 401(k)s to handle Roth conversions within the plan rather than force participants to roll converted assets into a Roth IRA....

 J.P. Morgan has enhanced its regulatory reporting services for money market funds to assist asset managers in complying with the Securities and Exchange Commission(SEC) revised Rule 2a-7 requirements.  

Transamerica Retirement Services has announced the hiring of Paul Patitucci as regional vice president in the company’s Northeastern Region.

Assets in the exchange-traded funds (ETF) space fell $21.8 billion to $800 billion in August, down 2.7%, according to the latest data from State Street Global Advisors (SSgA).

An analysis from kasina finds that while asset management firms' operating and net margins vary wildly, overall industry margins have come down.

 Benefits Administration Services announced that Rita Croft has been promoted to President.

Putnam Investments will serve as program manager for Nevada’s 529 College Savings Plan, sold nationwide through financial advisers, effective October 1.   

Exchange‐traded fund (ETF) assets are expected to achieve an annual growth rate of nearly 19% between 2010 and 2014, according to Financial Research Corporation’s (FRC’s) newly released Mid‐Year 2010...

Research from Spectrem Group found high-balance retirement plan participants aren’t showing much loyalty to their plan providers when rolling over their money.

A new Fidelity program, “Expand Your Practice,” is intended to help registered investment advisers (RIAs) analyze their readiness to grow through mergers, acquisitions, or hiring new people.

In a commentary in The Baltimore Sun this week, two writers suggest that the woes of the Washington Nationals baseball team are caused by none other than...

A recent survey found that the vast majority of investors do not know which financial professionals are held to official “fiduciary standards.”  

Three women who claimed they were examples of a systemic gender bias problem at Goldman Sachs have sued the Wall Street firm in federal court alleging discrimination in...

New research finds the average ESOP participant has 20% more defined contribution assets than the average participant in a non-ESOP DC plan, and far less comes out of...