News

A report from S&P Dow Jones Indices reveals record pension and other post-employment benefits (OPEB) underfunding for the S&P 500 companies.

Thomas Mangan was appointed chief executive of United Benefit Advisors (UBA), an independent employee benefits advisory organization.  

A majority of large U.S. corporate pension plans are underfunded, with future contributions a material expense for many over the coming years, according Fitch Ratings.

Achaean Financial said that Shlomo Benartzi, an authority on behavioral finance, has agreed to serve as the firm’s first academic adviser.

Jeff Kearny joined Northern Trust to lead new business development for asset servicing in the western part of the country.

Condor Trading LP moved into asset management with the launch of a new venture, Pacific View Asset Management LLC in San Francisco.

Kravitz’ 2012 National Cash Balance Research Report indicates a 21% annual increase in new cash balance plans, almost double the previous year's 11% growth rate.

Risk parity is used by defined benefit plans to protect against downside risk, but “there’s no reason DC sponsors shouldn’t use it,” Invesco noted.

The mutual funds of Sentinel Investments have been added to the CPI Qualified Plan Consultants retirement plan platform.

Standard & Poor’s designed its new Target Date Style Index Series to help plan sponsors with comparisons for “to”...

Practice management seminars and informational materials are among the supports The Hartford rolled out for advisers to explain 401(k)...

 Cheryl Courtney was named regional vice president of the western territory for Ascensus, a provider of retirement plan solutions.   

Although they remain divided on the current financial environment, millionaires’ optimism for the future is the highest it has been since 2006, a survey found.

Markets will be erratic as U.S. policy indecision and a deepening recession in Europe overshadow virtually every aspect of the world economy, Natixis predicted.

 Imagine reading up on the latest financial news while you drive to work, but unlike the markets, your car won’t crash.