News

The Hartford Financial Services Group, Inc. is expanding its product offerings to include 403(b) retirement programs for nonprofit organizations serviced by third-party administrators (TPAs).

Delaware Investments, a member of Macquarie Group, has hired Jeff Klepacki to run its third-party broker/dealer (B/D) distribution activities.

Goldman Sachs Asset Management (GSAM) announced that Bill McDermott has joined GSAM as Head of the Institutional Defined Contribution business.

J.P. Morgan Asset Management has combined all of its defined contribution investment-only (DCIO) specialist resources into a single unit, DC Investment Solutions.

A recent survey conducted by ING’s U.S. Retirement Services indicates those employed in the higher education community are growing more nervous about their ability to retire comfortably, yet...

Dan Caple has joined MassMutual's Retirement Services sales team in the South/Central Division.

Transamerica Life Insurance Company has introduced an enhanced withdrawal schedule for its Retirement Income Choice 1.2 and Retirement Income Choice 1.4 riders.

Goldman Sachs Asset Management, L.P. (GSAM) announced the launch of the Goldman Sachs Dynamic Allocation Fund (GDAFX).

A recent study suggests liquidity concerns—and not profitability concerns—was the reason many firms suspended their retirement plan match contributions during the recent economic crisis.

Although the new regulations governing 403(b) plans are already in effect, many plan sponsors admit to not fully understanding certain compliance requirements.

AIM International Small Company Fund is now offered on a limited basis to certain investors.

As expected, the Obama Administration has issued a request for information (RFI) to gather public comment about whether and how the government should promote lifetime income products in...

ETF net inflows surpassed $100 billion during 2009, as investors moved away from large-cap U.S. equities and developed international equities and increased their exposure to ETFs, according to...

Index provider Standard & Poor's has announced the launch of seven single commodity sub-indices of the S&P GSCI Enhanced Index.

A federal appellate court has rebuffed a bid by former investment broker Nathan Chapman Jr. to overturn his conviction for fraud against the Maryland state pension system on...

FCRC Apps, LLC, a software development firm, has announced the release of version 2.0 of its Web-based application, eFiduciary.net.

The majority of financial advisers are looking to alternative investments as a way to diversify their portfolios, believing that traditional stocks, bonds and cash do not provide adequate...

Sixteen months after imposing a withdrawal freeze, the Principal has made a partial distribution to participants.

More than the subtleties of the law, the nuances of crafting a cogent legal brief, and the humiliations that often accompany the public exercise of the Socratic method, the...

ING’s U.S. Retirement Services business has unveiled a business-building program for advisers, consultants, and third-party administrators (TPA) for small- and mid-sized corporate retirement plans.