News

Defined contribution balances continued to slip in the first quarter, but at a slower pace.

The deadline for comments on the Internal Revenue Service’s proposal for a 403(b) plan document prototype program was June 1, and trade groups and industry providers had a...

As part of a plan to shave $50 million in expenses this year, CUNA Mutual Group announced the company will move from a defined benefit pension plan to...

The owner of defunct Concord, North Carolina, sign firm has been ordered by a federal judge to pay $57,089 to the company’s 401(k) and health plans.

Increasingly complex market trends will make it impossible for financial professionals to dabble in the retirement space, a new report says.

A survey of SEI advisers found that cutting expenses—especially by reducing staff—is a last resort as they attempt to restore firm profitability.

Natixis Global Associates (NGA), the distribution arm of Natixis Global Asset Management, said it will close the Vaughan Nelson Small Cap Value Fund (ticker: NEFJX) to new investors...

47 Degrees North Capital Management announced the launch of the 47 Degrees North Innovation Fund.

Morgan Stanley Smith Barney launched Graystone Consulting to provide investment consulting advice to institutional investors and the upper-tier private wealth market.

BlackRock, Inc., confirmed that it has been engaged in discussions with Barclays Bank about BlackRock's potential purchase of Barclays Global Investors (BGI), including the iShares business.

Fidelity Investment's registered investment adviser (RIA) and broker/dealer clients, and other institutional clients, will be able to invest in initial public offerings (IPOs) underwritten by Kohlberg Kravis Roberts&Co....

As small-business owners fret about their ability to offer a 401(k) match, investment professionals can help.

Despite the volatility of the stock market in the first quarter of 2009, most plan participants made no changes to their retirement savings investments, The Vanguard Group observed.

The Securities and Exchange Commission (SEC) on Monday charged Boston-based Evergreen Investment Management Company with securities law violations for overstating the value of a mutual fund that invested...

The Securities and Exchange Commission (SEC) appears to have a lot on its agenda.

Broker/dealer BCG Securities, Inc. (BCGS), announced the appointment of Mark Barron as director of Operations.

Troy Redstone joined Lockton Companies in Kansas City as a producer specializing in employer-sponsored retirement plans and investment advisory consultation.

The Securities and Exchange Commission (SEC) announced the formation of an Investor Advisory Committee to give investors “a greater voice in the Commission's work.″

The Securities and Exchange Commission (SEC) said it finalized settlements with Bank of America, RBC Capital Markets, and Deutsche Bank over charges that the firms misled investors regarding...

Invesco announced that Thomas J. Hughes has joined its Institutional Sales and Client Service team as managing director.