News

Mercer reported that as of year-end 2009, nearly 70% of defined contribution participant balances have returned to levels prior to the stock market declines of 2008 and early...

Americans with a financial plan are especially likely to save their tax refund, according to the First Command Financial Behaviors Index.

Independent broker/dealer LPL Financial Corporation has promoted Derek Bruton, national sales manager, Independent Advisor Services (IAS), to managing director of the company.

A federal court has ruled that a sponsor of an employee stock ownership plan did not breach its fiduciary duties by amending the plan to force terminated employees...

Russell Investments has announced the schedule for its annual index reconstitution process, which it says will “capture and reflect the past year’s shift for equity markets globally.”

Health-care costs for retiring Americans, including nursing home care, average $260,000 and can exceed $500,000, according to research conducted by the Center for Retirement Research (CRR) at Boston...

Although Baby Boomers are typically treated as one big generation, they actually comprise three different demographic groups, according to a new study from the MetLife Mature Market Institute.

Bernie Clark, head of Charles Schwab Advisor Services, expects to continue gain more assets from the wirehouse channel, he said at an event today in New York City.

A new report from Morningstar warns those who flocked to bond funds in 2009 that even those investments aren't immune to volatility.

The Hartford Mutual Funds has launched Class I shares for two of its funds.

Yet another employer has fallen prey to the one-two punch of a sharp drop in stock price—and the sting of a 401(k) stock-drop lawsuit.

U.S. exchange-traded funds (ETFs) closed out 2009 with $785 billion in assets, up from roughly $533 billion at the end of 2008, according to Morningstar Fund Flows and...

A survey by AXA Equitable found that Americans who work with financial professionals are more confident about their ability to invest in equities.

Retirement Management Systems, Inc., said it launched an asset management program to help advisers manage the 401(k) assets of their clients.

Dow Jones Indexes has updated its Dow Jones Target Date index series.

The recession has taken a toll on small-business owners' retirement savings and personal health, according to a new survey.

Nuveen Investments has extended its offerings to non-U.S. investors with the availability of two new strategies.

On Friday, the Department of Labor, as part of the White House’s Middle Class Task Force, formally unveiled a couple of initiatives.

Great-West Retirement Services has appointed Jeff Baumgartner as regional sales director for its 401(k) business.

The White House today proposed a new rule to implement the exemption for investment advice in the Pension Protection Act (PPA).