The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) and the U.S. Securities and Exchange Commission (SEC) have published what was termed “guidance to help...
In its latest research, Russell Investments concluded that once a target-date fund reaches an individual's planned retirement date, it should have conservative allocations and a flat glide path...
Secretary of Labor Hilda L. Solis has warned a federal appellate court that protections for plan participants could be harmed if it does not overturn a lower court...
The ERISA Industry Committee (ERIC), in coordination with the U.S. Chamber of Commerce (the Chamber) and the Profit Sharing/401k Council of America (PSCA), submitted comments to the Department...
State Street has developed a suite of money-market fund services designed to help advisers comply with new amendments to the Rule 2a-7 regulations governing money-market funds.
Research has illustrated that women and minorities lag in retirement savings—and now the government is looking into what, if anything, should be done about it.
In comments to the U.S. Department of Labor (DoL) regarding its proposed investment advice rule, the American Society of Pension Professionals & Actuaries (ASPPA) has argued that regulators...
Most financial advisers believe they can learn how to make their business more efficient and effective through their peers, according to the latest SEI Quick Poll.
Anthony A. James has been convicted of seven counts of mail fraud, six counts of wire fraud, and one count of embezzlement from an employee benefit plan.
U.S. mutual fund investors have put nearly $200 billion into stock and bond mutual funds so far in 2010, according to Strategic Insight (SI), an Asset International company.
Following the deadline for responses to the Department of Labor and Treasury Department’s request for information about lifetime income options in retirement plans, the Government Accountability Office (GAO)...
ING said it broadly supports investing in guaranteed lifetime income options within a retirement plan and strongly encourages employers to add this type of feature to their plans.