News

The Internal Revenue Service (IRS) ruled that an arrangement under which employees could give up the right to get retiree health benefits in exchange for a higher future...

The American Red Cross of Greater New York has joined the list of firms dropping or suspending 401(k) matches because of the economic downturn.

Two financial professionals have written a paper and designed a Web site for Baby Boomers planning to recoup their losses in their retirement plans.

Securities America said a survey of its advisers showed they are proactive during these challenging times.

Russell Investments created five new global service lines: Consulting and Advisory Services, DB/DC Outsourcing, OpenWorld, Retail, and Russell Investment Services (RIS).

Americans feel less confident about paying for health-related expenses in retirement.

A federal court jury in New York has convicted James Treacy, former chief operating officer of employment Web site Monster Worldwide, of defrauding investors through improper stock option...

The Securities and Exchange Comission (SEC) today proposed tighter rules for investment advisers who custody assets.

Many mutual fund firms provide advisers with commentary, but not all of them have jumped on board with new media endeavors.

The CDE Lightband Power Board approved a new plan for the Clarksville, Tennessee-based company to rework its retirement savings plan match.

Rollover provider RolloverSystems Inc. (RSI) is cutting the annual fee it charges for IRA's in response to continued economic pressures on working Americans.

CPI Qualified Plan Consultants, a Great Bend, Kansas-based third-party administrator (TPA) and recordkeeper, agreed to acquire Gatekeeper Administration&Consulting, a Flagstaff, Arizona-based TPA specializing in the education industry.

Mercer’s first-quarter 2009 Defined Contribution Universe Summary found losses in all equity markets during the period.

Even in the face of a major economic downturn, 401(k) participants still kept on keeping on in 2008, according to a Hewitt Associates study.

With the economy still uncertain and continued market volatility, Fidelity Investments said it is seeing higher levels of worker engagement in retirement plans.

A survey by the International Foundation of Employee Benefit Plans (IFEBP) found defined contribution sponsors are making plan changes in the face of the economic downturn.

McCready and Keene announced it offers custom risk-based and age-based portfolios within the same retirement plan, utilizing an asset allocation strategy composed of a plan's core fund lineup.

Standard&Poor's launched risk-controlled versions of its S&P 500 and S&P /ASX 200 indexes.

UBS Corporate Employee Financial Services (CEFS) has added a software utility to its technology platform to facilitate data exchange with clients that seek equity compensation plan services.

A study by consulting firm kasina found that investment managers will further rely on analysts to guide advisers to products.