News

Goldman Sachs Asset Management (GSAM) launched a retirement plan analysis tool to help financial advisers determine the right fund line-ups for retirement plans.

A study found that 30% of surveyed participants would definitely or likely be willing to trade leaving inheritance in order to generate more lifetime income than would be...

An annual report by the Social Security and Medicare Board of Trustees indicates the financial downturn has worsened the long-range financial outlook of the system.

Mercer named Sharan Mitchell Carlisle as market leader—Great Lakes region and Steve Gordon as market leader—Southeast region for its outsourcing business.

Turner Investment Partners announced the launch of the Turner Spectrum Fund, a no-load, open-end mutual fund.

A survey from Callan suggests managers of target-date funds have stepped up examinations of their offerings due to the economic downturn.

The Department of Labor (DoL) and the Securities and Exchange Commission (SEC) are looking into target-date funds.

As ING Advisors Network considers what to do with its group of broker/dealers, Valerie Brown was named new CEO.

Prudential is hosting a free Webinar to help financial planners manage investor concerns about the impact of the recent stock market meltdown on their retirement portfolios.

A Morningstar study found that mutual fund investors in the U.S. have a better experience than in 15 other countries.

While it might seem difficult to look at the long-term strategy amid a financial crisis, knowing how to better operate and recruit could be crucial to an advisory...

Plan fiduciaries looking for insights about their responsibilities can now get that information from the Labor Department without leaving their desks.

Barclays Plc and CVC Capital Partners may have already agreed to a $4.4-billion deal for Barclays’ iShares funds business, but Barclays apparently is still entertaining offers, according to...

A study from the AARP Public Policy Institute found a number of older employees trade income and status for happiness in a late-life career change.

For the first time, the majority of Fortune 100 companies now offer new salaried employees only a defined contribution (DC) plan, such as a 401(k), according to a...

ING U.S. Retirement Services (ING) notified the IRS of its intention to file an opinion letter application as a Section 403(b) prototype plan sponsor.

Charles Schwab released a report outlining best practices for planning, selecting, and implementing customer relationship management (CRM) systems for independent investment advisers.

CMC Interactive added outsourcing services, including registered investment advisory (RIA) services, for firms servicing qualified retirement plans.

Among a series of cost-cutting measures, Verso Paper Corp. announced a suspension of the company’s 401(k) match.

There was an intriguing survey on target-date investing published last week, but one that, IMHO, generates as many questions as answers.