News

As companies have to slash retirement benefits in these tough times, a Canadian company will stop giving free beer to retirees.

Banc of America Securities and its broker/dealer arm will return more than $3 billion to investors in California to settle alleged violations of the sales of auction-rate securities...

Fidelity Investments’ second Couples Retirement Study, first fielded in 2007, show that despite two years of unprecedented economic and financial instability, husbands and wives have done little to...

Bipartisan legislation has been introduced to give workers a new incentive to annuitize, rather than spend, their retirement savings.

Research released from the Principal Financial Well-Being Index indicates American workers see glimmers of hope that the economy is headed in a more positive direction.

CPI Qualified Plan Consultants, Inc., a Great Bend, Kansas-based third-party recordkeeping and administration company, unveiled a program to invest employees' salary deferral contributions the day they are withheld...

Diversified Investment Advisors, Inc. has introduced a new version of its OnTrack report.

A Los Angeles law firm well known in the retirement services space for its expertise in Employee Retirement Income Security Act (ERISA) fiduciary issues has reorganized and now...

Grail Advisors has announced the registration of four new actively-managed exchange-traded funds (ETFs).

Investors showed continued confidence in U.S. stock separate accounts and collective trusts in the first quarter of 2009, according to Morningstar.

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.