Chartis has launched Fiduciary Liability Insurance Edge to address the fiduciary liability exposures facing companies, plans, executives, and employees.
Columbia Management announced the appointments of executives for its Institutional Defined Contribution – Investment Only (DCIO) business and its Consultant Relations efforts.
DWS Investments, the U.S. retail unit of Deutsche Bank’s Asset Management division, has launched DWS Rollover Central, an online resource to help guide retirement plan participants through the...
The average IRA account balance in 2008 was $54,863, while the average IRA balance of all accounts from the same person combined totaled $69,498, according to new Employee Benefit...
In the opening panel discussion at the PLANADVISER National Conference (PANC) in Orlando on Monday, four panelists discussed the need for more participant education and the evolution of...
A federal judge in New York has tossed out allegations CitiStreet violated its fiduciary duties by misrepresenting the State Street Daily Bond Market Fund as a safe, conservative...
The September issue of The Cerulli Edge: U.S. Asset Management Edition addresses how asset managers are utilizing new techniques to increase access to advisers.
A strong theme in testimony from witnesses at this week’s hearing into providing lifetime income options in retirement plans was a warning of how much sponsors fear incurring...
Since the Department of Labor issued its regulations on qualified default investment alternatives (QDIAs), target-date funds have been favored as a QDIA selection for plan sponsors.
Participants in 401(k) plans invested in mutual funds paid slightly higher expense ratios in 2009, according to an annual report by the Investment Company Institute (ICI).