News

Nearly half of workers leaving their job take a 401(k) cash distribution, a Hewitt study found.

The latest National Retirement Risk Index (NRRI) from the Center for Retirement Research at Boston College (CRR) showed a 7% drop in the share of households positioned to...

Prudential Financial has been talking about a new kind of retirement – now the firm has rolled out those ideas as a product design.

Despite the Wall Street turmoil and the economic downturn, the number of employees joining 401(k) plans serviced by Charles Schwab actually increased.

CDM Retirement Consultants, Inc., a Towson, Maryland, provider of open-architecture retirement plan solutions, is now offering administration services for defined benefit plans, including cash balance plans.

J.P. Morgan Funds has launched an online version of its target-date evaluation program, the Target Date Compass.

The defined contribution investment only (DCIO) business is moving from a minor appendage of an asset management firm's sales effort to its backbone, according to Sway Research’s latest...

Plan sponsors (and “plan professionals,” including advisers) looking to bone up on the new Form 5500 will have another chance to do so online. 

AXA Equitable Life Insurance Company recently launched a program to attract women consumers and financial professionals.

Now that his dispute with Bank of America (BofA) is behind him, Robert McCann will now step in as CEO of Wealth Management Americas at UBS.

State Street Corporation said it enhanced its wealth management platform to allow for customizable interfaces for its wealth management customers.

A new survey finds small business owners are ready to pick up hiring, but feel the inability to afford benefits may hinder them from attracting new employees.

This week a Senate committee will once again take up the topic of target-date funds. 

Although recent proposals to boost retirement savings for workers without access to employer-sponsored plans could increase the portion of Americans saving for retirement, the programs are not without...

MassMutual Retirement Services' quarterly analysis of plans it administers indicates plan participants are more engaged in their retirement planning and saving, and are also more confident in the...

Merrill Lynch Global Wealth Management (MLGWM) has announced the launch of My Retirement Income, a feature within the Merrill Lynch Retirement Income Service that connects retirement income planning...

Third party administrator (TPA) Sentinel Financial Group will be installing vWise SmartPlan Enterprise onto its SunGard Relius platform January 1.

The Department of Labor's Employee Benefits Security Administration (EBSA) has issued additional guidance in response to questions from plans and service providers on the requirements for reporting service...

As I was listening to, and participating in, panels at our Future of Asset Allocated Funds conference in California this past week, I was struck again...

A new survey from J.P. Morgan finds 401(k) participants embrace the responsibility of controlling their retirement savings, but without confidence to succeed.