News

A library of videos, articles and infographics was launched by Putnam Investments aimed at helping advisers to use social media and technology in practice management.

403(b)s have been excused by the Securities and Exchange Commission (SEC) from obtaining certain acknowledgements.

The Financial Industry Regulatory Authority (FINRA) fined Merrill Lynch, Pierce, Fenner & Smith Inc. $500,000 for failing to file hundreds of required reports.

Nearly two-thirds of private-industry workers had access to some form of retirement plan, according to data from the U.S. Bureau of Labor Statistics (BLS). 

New York Life launched Income Plus, a variable annuity designed to meet the needs of pre-retiree Baby Boomers who seek a guaranteed future lifetime income stream amid volatile...

Northern Trust is offering participant access to its retirement benefit payment detail via its Web portal, Passport.

RetireEase Choice, a flexible premium deferred income annuity from MassMutual, was designed to guarantee a future income stream for financial security.

A federal appellate court ruled that an employer’s failure to keep adequate records shifts the burden of proof to the employer that it does not owe contributions to...

An education policy statement and an education strategy document are helpful in building a retirement plan education program for employees.

Hartford Investment Management Co. (HIMCO), a subsidiary of The Hartford, has appointed Erica Evans executive vice president and head of sales and marketing, effective October 1. 

During a Senate Committee on Health, Education, Labor and Pensions’ roundtable, witnesses agreed business owners need incentives to offer retirement plans.

Head of T. Rowe Price’s RPS, Cynthia Egan, will retire after 30 years in the industry; the firm also created a new division, U.S. Investment Services.

Defined contribution plan participants transferred assets from equities into fixed-income investments again in August, according to the Aon Hewitt 401(k) Index.

Robert C. Albanese, president and chief executive of Pentegra Retirement Services, announced his retirement.

An alliance between RPG Consultants and Main Management LLC will enable plan sponsors to utilize RPG’s technology and Main Management’s portfolio management capabilities.