News

Darius A. Gill was promoted from investment officer to managing director of the foundation and institutional advisers group in Northern Trust’s central region.

New York Life Retirement Plan Services has expanded its industry practice service model, with the hiring of seven relationship managers.

Friends Fiduciary Corporation (FFC), which manages assets for U.S. Quakers, has divested from three companies because of concerns about ties with the Israeli military.

Bank of America Merrill Lynch (BofA) makes the case for automatic enrollment, automatic escalation, company matches, education and advice,...

More companies and participants are putting money into their plans, and at higher rates than in previous years, Plan Sponsor Council of America(PSCA) found.

 Manufacturers estimate that 135 million doses of flu vaccine will be produced this season, according to the Centers for Disease Control and Prevention.   

The American Society of Pension Professionals & Actuaries (ASPPA) released a new educational certificate, The Employee Stock Ownership Plan (ESOP) Administration Certificate.

Informa Investment Solutions (IIS), a supplier of software and solutions for the investment industry, said it has agreed to acquire Zephyr Associates Inc.

In September, mutual fund investors continued to seek income and safety in bond funds, which gained another $32 billion for the month.

Eric W. Kolts has been appointed managing director in Commonfund’s commodities group.

Transition Boomers—those less than 10 years from retirement—agree that rising health care costs will have the greatest effect on their retirement outlook.

A court ruled that an informal inquiry by a plan participant about mismanagement of plan assets is protected activity under the Employee Retirement Income Security Act (ERISA).

Nearly 61% of advisers report annuities are the No. 1 unsolicited product request, Cerulli Associates reports.

Melissa Travis, J.D., LL.M., was hired by Pension Consultants as an ERISA research analyst.

A white paper from Rocaton Investment Advisors suggests market conditions combined with recently passed pension funding relief justifies a new look at liability-driven investment (LDI) strategies.