News

While still shying away from equities, investors are at their most optimistic about the global economy since December 2005, according to the latest Merrill Lynch Survey of Fund...

As March Madness officially gets underway tonight, odds are (no pun intended) you’ve had an opportunity (or two) to weigh in on the NCAA tournament.

Recordkeeper ExpertPlan has unveiled its PlanRecordkeeper+, which the company said allows third-party administrators (TPAs) to maintain daily recordkeeping services while working with ExpertPlan.

The head of the American International Group (AIG) said he has asked some bonus recipients to give at least half of the money back.

Total U.S. retirement market assets, including both defined contribution (DC) and defined benefit (DB) plans, tumbled 24% to $7.86 trillion in 2008, down from $10.3 trillion the prior...

AMCORE Financial is eliminating its cash contribution to retirement plans of all employees, but continuing to match 401(k) contributions up to a maximum 4%.

Citi announced the launch of OpenWealth, a unified managed household (UMH) servicing platform.

A Wisconsin third-party administrator (TPA) has hired three sales representatives.

Casa Grande Regional Medical Center in Arizona has halted matching contributions to employees’ 403(b) plan.

Wells Fargo has selected WySTAR to be the defined contribution recordkeeping system and OmniDBEN as the defined benefit administration system for its institutional clients.

There’s been a lot of talk of late about so-called ‘Ponzi schemes’ like the $50 billion one perpetrated on investors by Bernie Madoff.

ING has rolled out a Web site aimed at letting retirement savers see if they are "keeping up with the Joneses" when it comes to their financial habits.

A new survey by two workplace benefits groups found 74% of participating firms haven’t changed their 401(k) match.

Strategic Insight published an in-depth report containing detailed information on standalone living benefits (SALBs) based on proprietary document research and extensive interviews.

McLean Wealth Advisors launched a fee-based platform, supported by FundQuest, for their investment services business.

Self-directed investors are more likely to allocate more of their portfolios to exchange-traded funds (ETFs) than adviser-directed investors.

Market depreciation is the top reason for clients’ retirement savings to be off-target, independent advisers reported.

Janus Capital Group Inc. announced that the Janus Adviser Series fund (JAD) trust will be merged into the Janus Investment Fund (JIF) trust.

Fiduciary Benchmarks, Inc. has launched a data portal designed to provide an adviser, consultant, recordkeeper, other service provider or fiduciary with customized plan benchmarking reports.

MassMutual's Retirement Services Division announced it is kicking off an enhanced model for its TPA Alliance business on March 31.