News

About a week ago, Caterpillar agreed to a $16.5 million settlement of one of those allegedly excessive fee/revenue-sharing lawsuits.

Black & Decker Corp. is restoring pay cuts and the firm’s 401(k) match, according to published reports.

The Washington Times has told staff that it is suspending its 401(k) match.

The Financial Planning Association (FPA) announced Martin Kurtz will serve as president-elect next year. 

U.S. Department of Labor (DoL) officials have cautioned plan administrators that they should not share their PIN numbers for the EFAST2 electronic document filing system.

Sentinel Investments has appointed Charles R. (C.R.) Shaw as senior vice president, national marketing director.

Lawing Financial has named Doug Lode as director of Qualified Plan Design.

Natixis Global Associates (NGA), the distribution arm of Natixis Global Asset Management, has announced an expansion of its initiatives in the retirement marketplace that targets the needs of...

A Georgia state court has sentenced the owner of the Hoyla Insurance Group to a five-year jail term and 15 years of probation, after his guilty plea to...

Reports from Clark Consulting, Inc., provide clients a summary of the strengths and weaknesses of insurance carriers.

A new Morningstar mutual fund flow report for October shows that most of the money investors yanked during the 2008 downturn from equity funds has been directed to...

Don Settina, Inc., a Pittsburgh-based retirement consulting firm, is now operating as RetireRight Pittsburgh.

SunTrust Banks has added an FDIC-insured account as an investment option for its 401(k) clients.

Women can now estimate retirement income straight from their iPhones.

Lincoln Financial Group has joined Benefit Advisors Network’s (BAN) newly formed Alliance Partnership.

Investor inflation and weak dollar concerns affected exchange-traded-fund (ETF) flows again in October, according to Morningstar.

The Principal Financial Group unveiled enhancements to its Principal TPA Edge program to help financial professionals and their TPAs capture new sales and manage their existing business.

Ascensus is now a retirement plan provider for Commonwealth Financial Network’s new Retirement Plan Consulting program.

Morgan Stanley Smith Barney (MSSB) pumped up its recruiting package in order to attract top producers, Dow Jones reported.

Pre-retirees and retirees want to pay more attention to their investments and retirement plan, and trust a financial professional to help, according to a survey by Prudential Financial.