News

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.

Transamerica Retirement Services announced the hiring of Denise Diana as vice president of business development.

Dimensional Fund Advisors said it has hired John Blood, formerly with Commonwealth Financial, to lead a new initiative to develop relationships within the broker/dealer community.

It looks like all you actuaries out there have it pretty good, according to a new report.

Investors should be positive about 2010, but not expecting a repeat of 2009, said the CIO of BlackRock.

Chicago-based consultant EnnisKnupp has announced three promotions for representatives working with defined contribution, private equity, and investment policy services clients.

CUSO Financial Services (CFS), a full-service, broker/dealer and registered investment adviser, has launched the ActivePassive Portfolios on the CUSO Asset Management (CAM) platform.

ERISA Fiduciary Advisors, Inc., has hired a new manager to focus on sales and consulting in the northeastern United States.

Loomis, Sayles & Company said that core bond manager Lynne A. Royer has joined the company as vice president and co-head of a core bond strategy—and rejoined a...

Pax World Management LLC, investment adviser to Pax World Funds, has joined with Morningstar Associates to create and manage a series of asset allocation funds that integrate environmental,...

Dow Jones Indexes has added three funds to its target-date fund offerings, timed for those retiring around 2050.

Investment management company Bandon Capital Management, LLC, announced a new relationship with American Independent Securities Group, LLC (AISG), enabling AISG advisers to access Bandon’s flagship investment strategy.

TD AMERITRADE said it unveiled new IRA-focused tools and resources to help investors and their advisers better understand how the new Roth IRA rules might impact their retirement...

A federal appeals court overturned a ruling against a bank and a broker accused of helping to keep a Ponzi scheme alive.

AXA Equitable Life Insurance Company has rolled out the Retirement Cornerstone, a variable annuity that aims for both accumulation and preservation of wealth.