Benefit Consultants Group (BCG) said its new 401(k) X-Ray provides financial advisers with a free comprehensive analysis of a client's retirement plan.
Northern Trust faces yet another suit over its securities lending program as fiduciaries of Lockheed Martin Corp.'s defined contribution plans filed a lawsuit June 23 in the U.S....
A female broker accused Bank of America (BofA) of gender bias by offering female former Merrill Lynch brokers lower retention payments than their male counterparts.
Faced with pressure to take another look at its February 2009 decision in a widely watched 401(k) excessive fee case, a federal appellate court has turned down the...
Almost one-quarter of Americans (22%) say they have no personal savings and three in 10 (30%) have no retirement savings, according to a recent Harris Poll.
At a time when employers changing their 401(k) match typically focus on their existing workforce, one Nebraska employer has trimmed its match for new hires only.
Three former financial representatives of Northwestern Mutual Life Insurance Co. have filed a $200 million lawsuit against the company for failing to pay them overtime wages under California...
The U.S. Department of Labor has obtained a judgment in federal district court that will lead to the distribution of $164,251 in 401(k) plan assets to 14 participants.
The global economy remains fragile, but the worst of the recession “is now in the rearview mirror,″ said Robert Doll, vice chairman and global chief investment officer of...
MSCI Inc. launched the MSCI FX Hedge Indices, designed to help institutional investors decompose and measure the impact of hedging the currency exposure of MSCI equity indexes.
The U.S. District Court for the Southern District of Florida declined to enforce arbitration clauses contained in account agreements between the City of Delray Beach Police and Firefighters...