The Internal Revenue Service (IRS) said a random sample of 1,200 401(k) plan sponsors will be notified this week that they have been selected to fill out an...
In a new study, “Rethinking Lifecycle Funds,” Financial Research Corporation (FRC) says that although target-date funds are being marketed as a total retirement solution, the reality is that...
Sixty-four open-end exchange-traded funds (ETFs) were filed in April, according to the new Fund Filings Review from Strategic Insight, an Asset International company.
Secretary of Labor Hilda L. Solis has once again contended that safe harbor status does not shield fiduciaries from liability for imprudent plan investments.
Fidelity Investments 401(k) highlights from the first quarter of 2010 show strong account balance growth and performance for participants that stayed the course over the past 12 months...
New York Life Insurance Company has appointed Allyson McDonald as senior vice president in its Retirement Income Security (RIS) operation, to lead relationship management for Third-Party Distribution.
The newly released "MetLife Retirement Readiness Index: Are Americans Prepared for the Transition?" indicates that pre-retirees haven’t taken necessary steps to prepare for retirement.
Bank of America Merrill Lynch’s Retirement & Benefit Plan Services quarterly report of activities within its proprietary 401(k) plan business shows an increase in total plan assets to...
The Internal Revenue Service is issuing final regulations under section 401(a)(35) of the Internal Revenue Code (Code) relating to diversification requirements for certain defined contribution plans holding publicly...
Investors have sought refuge in U.S. markets in the week that eurozone states delivered a financial package to allay sovereign debt concerns, according to the BofA Merrill Lynch...
A federal judge has refused a demand from Kraft Foods Global Inc. to order plaintiffs in a 401(k) lawsuit to pay $212,000 the company incurred defending the case.