News

Despite the return of extreme volatility to financial markets, U.S. mutual fund investors withdrew a net of roughly $7 billion from stock and bond mutual funds in...

May might have been a brutal month for markets around the world, but investors continued to funnel assets into U.S.- listed exchange-traded funds (ETFs), according to the...

Investors put a net $3.5 billion into U.S. exchange-traded funds (ETFs) in May, according to an estimate from Strategic Insight (SI), an Asset International company.

Fifty percent of those participating in a recent personal finance poll said they have significant regrets about how they’ve handled their financial situation.

Janney Montgomery Scott is further beefing up its fixed income team with the addition of five new hires, the company announced.

A federal judge in Georgia has cleared Home Depot of wrongdoing in a stock drop lawsuit.

First Mercantile, a Memphis, Tennessee, provider of 401(k) plans, has unveiled a customizable enrollment meeting service.

Alliant Energy Corp. improperly used a 30-year Treasury rate for whipsaw calculations for lump-sum distributions from its cash balance plan to employees younger than the retirement age, a...

A federal judge in New Jersey has ruled that AT&T did not violate the Employee Retirement Income Security Act (ERISA) and the Age Discrimination in Employment Act (ADEA)...

Transamerica Retirement Services has hired Chad Brown as regional vice president in the company’s southern region to oversee all sales and distribution activities in western and central Texas....

Workplace law firm Jackson Lewis has opened its 46th office in Milwaukee, Wisconsin. 

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Most workers (56%) surveyed by CareerBuilder said they are more in need of a vacation in 2010 than they have been in past years.

Employers considering finding a new defined contribution (DC) provider in the next two years are almost equally concerned with understanding legislation, costs/fees, and encouraging employee participation, according to...

American United Life (AUL) Retirement Services has recently teamed with Mesirow Financial’s Investment Strategies department to launch its Fiduciary Partnership Service.

Robert Stanley has been promoted to senior vice president of Sales Development, John Hancock Retirement Plan Services (RPS), the company announced.

Most (68%) registered investment advisers (RIAs) said they have increased the number of clients over the last six months, up 13% over the previous quarter, according to a...

A federal court judge has given preliminary approval to a $7.25-million settlement of an Employee Retirement Income Security Act (ERISA) action against the Federal National Mortgage Association (Fannie...

The board of trustees of Vanguard International Explorer Fund has approved adoption of a multimanager structure and the addition of Wellington Management Company, LLP, to the fund’s investment...

Pershing now offers Dow Jones Adviser on its NetX360 platform for broker/dealers and registered investment advisers (RIAs).