News

A Watson Wyatt survey found that workers aged 50 to 64 are much less confident they will have enough to retire than they were two years ago.

Abigail Johnson, daughter of Fidelity Investments Chairman Edward C. Johnson III, was named the new chair of the Fidelity board that oversees its 161 fixed-income and asset-allocated funds.

General Motors Corp. will be removed from the S&P 500 index after the close of trading today, Standard and Poor’s announced.

Angelo Auriemma joined Plan Sponsor Advisors as the director of Investment Advisory Services, the firm announced.

VALIC, a 403(b) plan provider, said it intends to participate in the IRS 403(b) prototype program.

Class-action law firm Keller Rohrback L.L.P on Tuesday announced the settlement of a 2006 challenge to the JPMorgan cash balance plan.

MetLife launched a Web site with tools and informational resources aimed at helping employers and benefits brokers most effectively communicate with employees during benefits enrollment season.

A book from MetLife aims to provide strategies to help brokers and employers control costs and maximize their benefits dollars as they strive to meet the needs of...

Invesco Aim announced the launch of AIM Balanced-Risk Allocation Fund (ABRZX), which uses a proprietary risk management process with the potential to generate consistent returns in any economic...

Pershing said it has added Neuberger Berman, The Hartford Mutual Funds, and T. Rowe Price to FundVest, Pershing's mutual fund platform.

Pershing said it expanded its suite of managed account solutions to provide advisers with access to a diverse list of money managers and a broad spectrum of managed...

Portland, Oregon-based independent investment consulting firm Arnerich Massena&Associates, Inc., brought on David Reichle as director of Arnerich Massena Wealth Management.

More than 300 years before ERISA, Americans enacted the nation’s first pension law.

The Vanguard Group has submitted a $5-billion bid for the iShares unit of Barclays, according to news reports.

Newburyport (Massachusetts) School Committee member George Moker said teachers have agreed to give back on several items in order to achieve an agreement in tough economic times.

Two mainstays of American business upended by the economic downturn are now losing their coveted spot in the Dow Jones Industrial Average, according to a Dow Jones&Company announcement.

DWS Investments - Americas, the U.S. retail unit of Deutsche Bank's Asset Management division, unveiled the DWS Fee Transparency Report.

John Hancock launched AnnuityNote, which the company said is designed to bring "guaranteed income to a broader market beyond the reach of traditional variable annuities."

Transamerica Retirement Services announced a new service, Plan Administration Service Support (PASS), which gives plan sponsors the opportunity to delegate day-to-day plan administration responsibilities to Transamerica.

National Retirement Partners, Inc. (NRP), announced that nine practices have recently joined its network of independent, retirement-focused advisory firms.