News

The latest BofA Merrill Lynch survey found that fund managers are retreating into cash as skepticism rises over economic recovery in Europe and China.

The IRS has released the 2010 version of its “discussion”—and rebuttal—of many of the more common frivolous arguments made by individuals and groups that oppose compliance with federal...

The Law Offices of Howard G. Smith has announced its investigation of potential violations of the Employee Retirement Income Security Act violations by Toyota Motor Corporation, related to...

A new exchange-traded fund (ETF) that purports to be the first China Infrastructure ETF has launched.

Fidelity Investments' 401(k) highlights from 2009 showed that many participants recouped much of their losses from 2008.

The Hartford Life Insurance Co. will pay $13.8 million to settle a four-year-old fiduciary breach suit over revenue-sharing payments from mutual fund companies.

Mercer's outsourcing business saw a 40% increase in participant requests for calculations of their estimated defined benefit (DB) account values in 2009 versus 2008.

Foxwoods Resort Casino is suspending its 401(k) match for hourly employees to help offset a 2.5% salary hike for nonunion workers, according to a media report.

The Financial Industry Regulatory Authority (FINRA) said it wants to make available more public complaints and other information through the BrokerCheck service.

A study by Cogent Research confirmed that most affluent investors aren’t using advisers to purchase exchange-traded funds (ETFs).

AllianceBernstein is taking steps to smooth out the bumps in the road for its target-date fund family.

W. Garrett McDaniel Jr., a senior-level financial services and executive benefits marketer, has joined Clark Consulting, LLC, to help spearhead the company’s outreach initiatives through select third party...

Blue Prairie Group is launching its proprietary Fiduciary-based Investment Consulting report.

A plan sponsor charged with stealing from her company’s 401(k) plan has been sentenced to more than two years in prison.

Guggenheim Partners, LLC, has worked out a deal to acquire Topeka, Kansas-based retirement services provider Security Benefit Corporation.

Nationwide Financial Services, Inc., has turned to Cain Hayes as senior vice president and chief sales officer for Nationwide Retirement Solutions (NRS), the company announced.

Albany, New York-based Newkirk, a retirement plan communications provider, has unveiled a suite of retirement readiness communications and reports.

Invesco has launched a Web site featuring educational resources to meet the needs of U.S. defined contribution plan sponsors, consultants, recordkeepers, and advisers.

The Hartford Financial Services Group has launched a new search engine, which it said is designed to help financial advisers target potential sponsor clients.

Bruce Shay, a Securian Financial Group senior vice president in charge of the company’s retirement business, has been promoted to executive vice president by the firm’s board of...