A Texas management consultant, whose lawsuit over 401(k) fiduciary breach allegations became the subject of a landmark U.S. Supreme Court ruling on participants’ legal rights, has apparently run...
John Hancock Retirement Plan Services (RPS) has increased the number of advisers able to offer services to 401(k) plans through a new distribution agreement reached with Morgan Stanley.
Automatic enrollment of employees into defined contribution retirement plans has been adopted by a majority of surveyed plan sponsors, according to Mercer.
A federal appellate court ruled that a plan sponsor cannot rely on Florida state law to sue Merrill Lynch for allegedly aiding a plan provider in committing fraud...
The Royce Funds have been added to the CPI retirement plan platform, announced CPI Qualified Plan Consultants, Inc., a third-party recordkeeping and administration company.
A survey found that participants appear to be responding to the economic and financial crisis by delaying retirement, saving less, and reallocating their retirement investments.
Pacific Life unveiled a sales kit designed to help advisers working with business owner clients use life insurance to close the retirement savings shortfall in defined benefit plans.
The defined contribution investment only (DCIO) market composes 12% of all 401(k) plans, or approximately 63,000 plans, according to a Spectrem Group study.
Much of the spending increases in the DCIO market are being directed at new sales force hires and marketing programs designed to support retirement plan advisers, according to...
The fiduciaries of BP Corp. North America Inc.'s retirement plans have accused Northern Trust Co. of breaching their fiduciary duties by not disclosing substantial securities lending losses.
In a statement presented to a recent Congressional Committee, the Investment Company Institute (ICI) made a compelling case for riding out the current market turmoil.
A Fidelity Investments survey found that nearly half (45%) of Americans age 61 are planning to begin taking Social Security at 62, the first year that eligible recipients...
Fidelity introduced a series of new educational resources to help Americans better understand their Social Security options, and how it can impact their retirement income.
KLD Research&Analytics, Inc.â€″a provider of environmental, social, and governance (ESG) research and indexesâ€″and global index provider FTSE have partnered to offer a suite of ESG indexes.
MFS Investment Management (MFS) completed the formation of a business development office for the defined contribution investment only (DCIO) marketplace, the company said.