News

A rumor has been circulating this week that the U.N. named a Malaysian astrophysicist as the official “greeter” for extraterrestrial visitors to Earth.

At the PLANADVISER National Conference in Orlando last week, the panelists were unanimous: it’s not a matter of “if,” but rather “when” retirement income products become mainstream.

Sixty-nine percent of employees in a recent survey believe retirement savings accounts to be extremely important in providing protection for themselves and their family.

The “Model Manager Exchange” (MMX) currently features 150 portfolios from 35 financial professionals.   

Defined contribution money managers may have an unlikely benefactor to thank for helping to deliver an estimated $1.9 trillion in contributions over the next five years: the recent...

Target-date funds are expected to capture $1.7 trillion worth of asset flows and account for 60% of all defined contribution assets and revenues by 2015, according to a...

The U.S. Department of Labor (DoL) has charged that a Laguna Hills, California, firm diverted more than $920,000 in employee and employer contributions owed to the company’s 401(k)...

Goldleaf Partners, a national retirement and employee benefits administration and consulting firm, has announced the opening of a Regional Sales and Service Center in St. Louis, Missouri.

Nationwide Financial Services has selected Jamie Spenthoff as regional vice president of sales for its private sector retirement plans business.

A new survey by Hewitt Associates found that how companies leverage their compensation and benefits programs during mergers and acquisitions plays a critical role in retaining key talent...

State Street Global Advisors (SSgA) has appointed Scott Ebner managing director and global head of ETF Product Development.

 For advisers these days, disclosing fees is more important than what they make or how it is paid. 

Global investor confidence fell 4 points in September from August’s revised reading of 92 to 88 while in North America, confidence dropped 7.3 points to 87.9 from 95.2.

Regulatory changes and the recent economic downturn have led to changes in retirement plans sponsored by health care employers.

President Obama on Monday signed into law the Small Business Jobs Act, which included a provision allowing in-plan Roth conversions in 401(k), 403(b), and governmental 457(b) plans.

Ascensus and Pacific Life have teamed up to offer a new 401(k) program to address the needs of small-business plan sponsors.

Vanguard will reduce expense ratios on The Vanguard 529 College Savings Plan by nearly half on some portfolios.

A report released from Barclays Wealth shows that high-net-worth Americans are not as inclined to a traditional retirement as was once the norm.

At the PLANDADVISER National Conference in Orlando last week, panelists discussed alternatives to mutual funds for 401(k) plans, such as exchange-traded funds (ETFs) and collective trusts.   

 The addition of a new Bank Deposit Portfolio across Fidelity’s five direct-sold 529 college savings plan begins today.