News

New York Life Insurance Company has appointed Allyson McDonald as senior vice president in its Retirement Income Security (RIS) operation, to lead relationship management for Third-Party Distribution.

The newly released "MetLife Retirement Readiness Index: Are Americans Prepared for the Transition?" indicates that pre-retirees haven’t taken necessary steps to prepare for retirement.

Bank of America Merrill Lynch’s Retirement & Benefit Plan Services quarterly report of activities within its proprietary 401(k) plan business shows an increase in total plan assets to...

The Internal Revenue Service is issuing final regulations under section 401(a)(35) of the Internal Revenue Code (Code) relating to diversification requirements for certain defined contribution plans holding publicly...

Investors have sought refuge in U.S. markets in the week that eurozone states delivered a financial package to allay sovereign debt concerns, according to the BofA Merrill Lynch...

Janus Capital Group Inc. has added Matthew Sommer to its Retirement Strategy Group.

The Standard has announced the appointment of Niki Green as regional pension manager.

Social(k) is scheduled to open an office in San Francisco on May 27.

A federal judge has refused a demand from Kraft Foods Global Inc. to order plaintiffs in a 401(k) lawsuit to pay $212,000 the company incurred defending the case.

Commonwealth Financial Network has released Commonwealth CRM 4.0, the latest version of the independent broker/dealer and registered investment adviser (RIA)’s proprietary contact management system.

Genworth Financial Wealth Management (GFWM), a division of Genworth Financial, Inc., said advisers on its platform will now have the option to custody with Pershing Advisor Solutions.

As part of its redesigned plan sponsor Web site to be launched next month, Putnam Investments has introduced a real-time fee disclosure tool.

An appreciation for the influences of behavioral finance has had a critical impact on retirement plan designs – so what about applying those principles to...

Steven D. Cox has joined Columbus, Ohio-based NUA Advisors, LLC, to establish a Midwest division of NUA’s Qualified Retirement Planning Group.

A Washington, D.C., senior-citizen advocacy group today said it applauds a new piece of legislation that would create an inflation measurement based on expenses typically borne by seniors.

ING’s U.S. Retirement Services business has launched a new tool to help retirement plan advisers unlock business opportunities from the Form 5500.

While there are many legislative and regulatory proposals that could affect retirement plans, the financial reform bill and fee disclosure regulations are two actions to watch for next.

The Principal has made another liquidation installment on its frozen real estate fund. 

As part of an effort to focus on its core insurance and annuity operations, Great American Financial Resources, Inc. (GAFRI), said it will exit the independent broker/dealer business...

I’ve been a huge “Star Trek” fan for most of my life.