News

Newly released data from the Investment Company Institute (ICI) indicates that 65% of total U.S. retirement assets during 2008 were held in employer-sponsored retirement plans.

Great-West Retirement Services announced today that it has notified the Internal Revenue Service (IRS) of its intent to sponsor a 403(b) prototype plan under the IRS's proposed 403(b)...

The percentage of employers with a 401(k) plan at Charles Schwab offering a match fell from 78% in 2007 to 70% last year, according to new Schwab data.

Genworth Financial created the Let's Talk campaign, designed to give families the right resources to have productive conversations and successfully plan for long-term care needs.

As companies have to slash retirement benefits in these tough times, a Canadian company will stop giving free beer to retirees.

Banc of America Securities and its broker/dealer arm will return more than $3 billion to investors in California to settle alleged violations of the sales of auction-rate securities...

Fidelity Investments’ second Couples Retirement Study, first fielded in 2007, show that despite two years of unprecedented economic and financial instability, husbands and wives have done little to...

Bipartisan legislation has been introduced to give workers a new incentive to annuitize, rather than spend, their retirement savings.

Research released from the Principal Financial Well-Being Index indicates American workers see glimmers of hope that the economy is headed in a more positive direction.

CPI Qualified Plan Consultants, Inc., a Great Bend, Kansas-based third-party recordkeeping and administration company, unveiled a program to invest employees' salary deferral contributions the day they are withheld...

Diversified Investment Advisors, Inc. has introduced a new version of its OnTrack report.

A Los Angeles law firm well known in the retirement services space for its expertise in Employee Retirement Income Security Act (ERISA) fiduciary issues has reorganized and now...

Grail Advisors has announced the registration of four new actively-managed exchange-traded funds (ETFs).

Investors showed continued confidence in U.S. stock separate accounts and collective trusts in the first quarter of 2009, according to Morningstar.

Defined contribution balances continued to slip in the first quarter, but at a slower pace.

The deadline for comments on the Internal Revenue Service’s proposal for a 403(b) plan document prototype program was June 1, and trade groups and industry providers had a...

As part of a plan to shave $50 million in expenses this year, CUNA Mutual Group announced the company will move from a defined benefit pension plan to...

The owner of defunct Concord, North Carolina, sign firm has been ordered by a federal judge to pay $57,089 to the company’s 401(k) and health plans.

Increasingly complex market trends will make it impossible for financial professionals to dabble in the retirement space, a new report says.

A survey of SEI advisers found that cutting expenses—especially by reducing staff—is a last resort as they attempt to restore firm profitability.