News

The U.S. Department of Labor is ordering Barstow Truck Parts and Equipment Co. President, James M. Rajacich Sr., to restore $118,249 to the company’s profit-sharing plan.

A report from Aon Hewitt suggests that Generation Y workers (ages 18 to 30) may be most at risk for not having enough savings in retirement, despite having...

Barclays Capital unveiled the Barclays Capital Commodities Research Index (BCRI), designed to make Barclays Capital’s commodities research investable.

The Principal Financial Group will begin processing plan changes for in-plan Roth conversions and for participant requests for such conversions beginning December 16, 2010.

New Jersey took the top spot in three key measures of financial capability, according to research released by the FINRA Investor Education Foundation.

Allianz Life Insurance Company of North America (Allianz Life) has named Bob Densmore as senior vice president - national sales manager. 

A new survey by Cogent Research finds 13% of affluent Americans closed at least one investment account in the last year, more than double the pace reported in...

Retirement benefits - especially defined benefit (DB) programs - are giving employers an added advantage when it comes to attracting and retaining new employees, according to a survey...

Fidelity has launched a program, “Options for Independence,” to help breakaway brokers understand the range of options available to them when going independent. 

Asset management fees for most non-traditional asset classes have fallen, following increased scrutiny from cost-conscious investors, according to a report by Mercer.

ProShares, a provider of alternative exchange-traded funds (ETFs), has unveiled ProShares RAFI Long/Short (RALS).

Federal Reserve Chairman Ben Bernanke may not (yet) be worried about inflation, and Social Security may not see the need for a cost of living...

A new Internal Revenue Service (IRS) procedure (2010-52) details the process by which mutli-employer plans can request a five or 10-year extension of the deadline for amortizing unfunded...

Fifty-six percent of those surveyed would love a chance to go back in time, before the recession, so they could change their financial behaviors.

Contributions to 401(k) plans increased in the last year, according to the latest Principal Financial Well-Being Index, as some investors' spirits seem to be lifting.

The First Command Financial Behaviors Index reveals that 23% of middle-class Americans who own a traditional IRA have yet to decide if they will convert their account to...

Fewer than one-third of employers surveyed by Mercer say they will offer the in-plan Roth conversion feature before 2012, and 45% say they have no plans to offer...

Based on their Hearts & Wallets research initiative, Chris Brown and Laura Varas have started a company, Hearts & Wallets, LLC.

Ee Fang Chen has been named Sales Director for Northern Trust Global Investments (NTGI) in the Asia-Pacific region.

In its latest “Financial Professionals Outlook,” Russell Investments found that 59% of advisers are optimistic about the markets, whereas only 7% believe their clients feel the same.