News

A federal judge ruled the U.S. Securities and Exchange Commission (SEC) cannot add new claims to the current case related to Bank of America Corp.’s takeover of Merrill...

A new report says actual participant behavior is more varied and volatile than most target-date funds assume.

The Winston & Strawn law firm has added James P. Baker, a specialist in the Employee Retirement Income Security Act (ERISA), to its San Francisco office.

A new survey indicates that the economic downturn hasn’t done much to shake up the retirement plans of some women.

The new social networking site linkedFA said it is the “first and only FINRA-compliant social networking site for financial professionals.”

Richard Weylman, Inc., a consultancy that helps financial businesses market to the affluent and wealthy, has launched The Weylman Center for Excellence in Practice Management, an online university...

Natixis Global Associates (NGA) said that Managed Portfolio Advisors (MPA) has been selected by FundQuest to provide overlay management services for its Advisor Directed Unified Managed Account (UMA)...

As the New Year begins, we are often of a mind to think about making a fresh start.

FINRA, SEC not yet clear about social networking

Three firms have combined forces to offer target-date and composite-based exchange-traded fund (ETF) models for qualified plans.

Robert Dolan and Steven Silverman have been tapped as regional directors of The Newport Group, the company announced.

Plan sponsors can now take full advantage of a new federal government system for online filing of the required annual report to the Employee Benefits Security Administration (EBSA)...

AXA Equitable Life Insurance Company has announced new executive appointments.

iShares announced that a suite of municipal bond exchange-traded funds (ETFs) with a planned end date began trading on the NYSE Arca.

With the prospect looming of the imposition of a federal medical device tax, an Elyria, Ohio, home-health products firm has suspended its 401(k) match and taken other cost-cutting...

The employee who went on a shooting rampage at a St. Louis manufacturing plant is reportedly one of four named plaintiffs in a 401(k) excessive fee class-action lawsuit.

Great-West Retirement Services has appointed Steve Shea to a new position as director of business development, effective January 1.

USI Consulting Group has announced that Michael Raymond has joined the company as a vice president of Retirement Services.

Janus Capital Group Inc. said that Richard M. Weil has been appointed CEO and a member of the board of directors, effective February 1.

The Charles Schwab Corporation today announced reductions in online equity trade commissions for both retail investors and its independent investment adviser clients.