News

IMHO: Somebody’s Got To Pay

Much has been made in recent weeks over the so-called Ponzi scheme foisted on the investing public by Bernie Madoff.

Employer Accounts Pumping Up IRAs

Nearly half of Americans own an individual retirement account (IRA), though the odds are that those accounts were funded by an employer-sponsored retirement account.

Pension Fund Sues UBS

The New Orleans Employees Retirement System has filed a class action lawsuit seeking billions of dollars in damages from UBS.

Stock-Drop Suit Passes First Hurdle

An employee 401(k) stock-drop suit survived its first major challenge when a federal judge in Tennessee turned away an early effort by the employer to have the claim...

Affluent Americans Use SRI

Seven in 10 wealthy Americans reported having socially responsible/green investments (SRI), according to a survey by PNC Wealth Management.

Principal Toolkit Aids with Disclosures

The Principal Financial Group has unveiled new tools to help plans comply with new disclosure mandates for the Form 5500 and new requirements for retirement plan financial statements...