News

ERISA Class Actions Picked up in 2009

The nation’s economic downturn has prompted plaintiffs’ lawyers to increase the pace of filing of class action lawsuits to recover 401(k) plan losses under the Employee Retirement Income...

Great-West Adds More Wholesalers

Great-West Retirement Services said it has hired six more internal wholesalers to boost the support it provides its external sales force and their financial adviser and third-party administrator...

IRS 403(b) Expert Joins VALIC

VALIC has hired Robert J. "Bob" Architect, formerly senior tax law specialist and 403(b) guidance author in the Internal Revenue Service's Employee Plans Division, as vice president of...

ETFs See Healthy Asset Gain

Last year was kind to the exchange-traded-funds (ETFs) market, with a whopping 45% jump in assets over the year to $775.8 billion as of December 31, according to...