News

A 25-piece kit from Bank of America (BofA) Merrill Lynch is designed to help financial advisers deliver flexible retirement and benefit plan services to corporate clients.

The new hires will be working in several departments, including offshore distribution, broker/dealer services, registered investment adviser (RIA) channels, and financial adviser division (FAD).

Half of respondents who don’t participate in a 529 plan say they have never even heard of the increasingly popular college savings vehicle.

Real Estate Investment Trust (REIT) returns were nearly five times greater than those of the broader U.S. equity market in the first three quarters of 2010.

The State Treasurer announced today that The Hartford will manage the first adviser-sold 529 college savings plan through the “CHET Advisor” program.   

A federal judge in Pennsylvania made a mistake when he threw out a 401(k) excessive fee case against Unisys Corporation and Fidelity Management Trust Company, the Department of...

At the PLANADVISER National Conference in Orlando last month, three panelists discussed the retirement plan rollover market, with one saying it’s the perfect place to find “money in motion.”

Stock and bond funds experienced net inflows of $19 billion in August, according to Financial Research Corporation (FRC).

The expanded Retirement Education Portal from the Principal Financial Group offers financial professionals access to an online library focused on retirement income planning, in addition to tools and...

Despite proactive savings behaviors, 66% of boomers polled by the Transamerica Center for Retirement Studies said they are less confident in achieving a financially secure retirement than they...

Morningstar has revised its classification structure for global equities based on the market a company serves rather than the type of business it conducts.

The American Society of Pension Professionals & Actuaries (ASPPA) and the Centre for Fiduciary Excellence (CEFEX) have announced changes to their service provider certification program.

Nationwide Financial Services, Inc. announced that Tony Daniel will serve as regional vice president of sales for its private sector retirement plans business in Iowa/Nebraska.

A Towers Watson survey found that a majority of workers (56%) would be willing to pay a higher amount from their paycheck to ensure a guaranteed retirement benefit.

Lincoln Financial has contracted with DST Retirement Solutions, a provider of retirement plan recordkeeping software, to enhance its recordkeeping and administrative services platform for plan sponsors, participants, and...

T. Rowe Price will be rolling out a new value-add series called “Pitch Points” to better serve the defined contribution (DC) adviser market.    

The Investment-Only (IO) team at Franklin Templeton will now be able to better assist advisers who are focused on the retirement plan market.   

The U.S. Supreme Court denied a request by Nestlé Purina Petcare Co. to review an 8th U.S. Circuit Court of Appeals decision that the company cannot deduct from...

A federal judge in Michigan has thrown out a fiduciary breach lawsuit against State Street Bank and Trust filed by General Motors 401(k) participants over company stock-related losses.

Dick Darian has joined the iShares 401(k) team at BlackRock.