News

The ABA Retirement Funds Program has launched what it calls "an enhanced investment structure" for program participants.

Great-West Retirement Services announced that the City of Jacksonville, Florida, has hired it as the city’s exclusive provider for its 457 deferred compensation retirement plan and its 401(a)...

TIAA-CREF has appointed Teresa Hassara as senior managing director and head of Institutional Client Services and Kevin Nazworth as vice president and head of the organization's Health Care...

Bank of America Merrill Lynch Retirement & Benefit Plan Services' quarterly report on plan and participant activities within its proprietary 401(k) business found 60% of participants started or...

A new partnership between EPIC Advisors Inc. and Mutual of Omaha offers banks and trust companies a retirement plan offering to provide to their clients.

Charles Schwab is rolling out eight new ETFs with expense ratios matching or lower than its competitors at Vanguard, State Street, and Barclays.

A new report predicts that rapid growth will restructure the asset allocation and packaging of target-date products and that target-date and target-risk retirement vehicles will attract 80% of...

A federal judge in New York has turned away a request by lawyers from State Street Bank & Trust to postpone preliminarily approving an $89.75-million settlement in a...

Nearly half (49%) of 63 surveyed CFOs at financial services firms said their companies are reducing employee bonuses in the next six months, according to Grant Thornton LLP.

Thomas Harty has joined Plan Sponsor Advisors in a new senior consultant position, according to Jennifer Flodin and Donald Stone, co-founders of the Chicago-based retirement and investment consulting...

Invesco Aim has made some changes to the firm’s target-date funds.   

Gilbert Van Hassel was named as global chief executive of ING Investment Management, days after ING announced that the division will be spun off as a separate company.

In an effort to attract higher-level advisers, Raymond James Financial Services’ Investment Advisors Division increased the minimum level of assets under management required for new affiliations with registered...

LPL Financial Corporation (LPL) has agreed to pay nearly $1.3 million in restitution to Montana investors in a Ponzi scheme run by an independent broker.

A recent Watson Wyatt survey of large employers found that 35% of those that reduced their 401(k) match anticipate reversing that decision in the next six months—up from...

Poor hygiene, oversized carry-on luggage, and bickering families are among the top travel annoyances for Americans.

As many investors are still underweight equities, the logical thing to do is rebalance back toward equities, said David Kelly, managing director, chief market strategist for J.P. Morgan...

Recent research by Computershare and the London School of Economics found employees in employee stock purchase plans (ESPPs) work harder and stay with their employer longer.

A new partnership aims to help plan sponsors, their advisers, and third-party administrators to “easily manage the accounts of terminated participants, keep their savings invested in retirement, and...

Rick Ketchum, chairman and CEO of the Financial Industry Regulatory Authority (FINRA), said the agency has formed a task force to examine how regulation can welcome new forms...