News

Van Kampen Funds has launched a new series of six equity mutual funds advised by Van Kampen Asset Management and sub-advised by O'Shaughnessy Asset Management (OSAM).

JPMorgan Chase&Co. did not violate the Employee Retirement Income Security Act (ERISA) with its 1989 conversion to a cash balance pension plan and subsequent plan amendments, a court...

TIAA-CREF has developed an offering that seeks to provide employees of nonprofit institutions a way to save during their working years for health care expenses in retirement.

Symetra Financial unveiled its Savings for Schools program designed to advance retirement preparedness among K-12 school teachers and educators.

Retirement plan advisers have an opportunity to help 403(b) plan sponsors reach out to participants in a variety of ways.

Automatic enrollment has helped some 403(b) plans see participation boosts, but many plans still need to overcome the challenge of getting employees to save.

The Financial Industry Regulatory Authority (FINRA) said it fined Centaurus Financial, Inc. (CFI) $175,000 for its failure to protect certain confidential customer information.

While most high-net-worth (HNW) individuals are satisfied with their primary advisers, 13% plan to shop around for a new one, according to a study by Phoenix.

ProFunds Group said that Richard Kendrick was recently named managing director, Marketing.

NFL Alumni, an organization started 40 years ago to seek pension benefits for the pioneer players of the NFL, will expand its membership and the scope of its...

Mercer announced the creation of global asset class research boutiques within its investment consulting business.

The extent to which investors delegate investment decisions to their advisers seems to shape how much investors value the relationship, according to the Investment Company Institute (ICI).

That retirement plan assets plummeted in value during 2008 is not news to participants, but newly released data puts a total value on the decrease: 22% to $14...

More than half of Gen Y respondents to a recent MetLife study are interested in getting workplace access to financial planners to help with retirement planning.

Millionaires might be working longer, too.

The Financial Industry Regulatory Authority (FINRA) is proposing a major expansion of its BrokerCheck service—to make records of final regulatory actions against brokers permanently available to the public,...

Frontier Financial Corp. said it is suspending the company’s matching of employee 401(k) plan contributions, effective May 1.

Although it is too early to tell what will become of the proposed advice legislation, it raises practical application questions.

Facing a decline in corporate sponsorships, National Public Radio announced layoffs and benefits changes in an attempt to close a $15 million budget gap.

Ascensus, a Dresher, Pennsylvania-based recordkeeper and benefit administrator, said it has expanded its trading capabilities.