News

Milwaukee Symphony Orchestra has suspended its 401(k) match until August 31 as part of a broader cost-cutting move.

Interstate Hotels and Resorts, an Arlington, Virginia hotel owner and manager, has suspended its 401(k) match and contribution to its non-qualified deferred compensation plan for 2009.

Global insurance broker Willis Group holdings has put its 401(k) match on hold for 2009.

Chairman Mary Schapiro today outlined new plans for enforcement of the Securities and Exchange Commission (SEC).

A federal judge in California has rebuffed demands from JP Morgan Chase and Co. that it dismiss a lawsuit alleging mistakes that could imperil the tax-favored status of...

A California transportation, freight, and logistics company has become the latest employer to suspend its 401(k) match.

If a client wants to retire abroad, it is not as easy as packing a suitcase.

Surveyed advisers agreed that legislation and ongoing industry scandals are a threat to restoring revenues.

A group of General Motors defined contribution plan participants cannot proceed with their lawsuit claiming GM had improperly included undiversified single-equity funds in its plans.

Mercer announced the addition of six new hires to support the expanded distribution of its defined contribution (DC) administration services to plan sponsors with 500 or more employees.

Aon Consulting found that many companies with frozen pensions intend to make investment strategy changes to cut corporate pension expense volatility and put themselves one step closer to...

Women remain at a higher risk for retirement insecurity as compared with men, according to a research brief issued by the National Institute on Retirement Security (NIRS).

Marsh&McLennan Cos. Inc. agreed Wednesday to pay $2.4 million to settle bid-rigging and client-steering charges leveled by Connecticut Attorney General Richard Blumenthal.

Payden&Rygel has announced a reduction in expenses for the Payden/Wilshire Longevity Funds, its target-date fund series.

HighTower, a financial services firm serving high-net-worth (HNW) clients, has added several advisory teams across the U.S.

The Financial Industry Regulatory Authority (FINRA) said it entered settlements with four more firms relating to the sale of auction rate securities (ARS).

Being a millionaire just isn’t what it used to be.

RolloverSystems, Inc. (RSI), an independent provider of rollover services, announced it is boosting its distribution capabilities with the appointment of two new regional sales directors.

Wells Fargo&Co. told employees Monday it will no longer contribute to its traditional pension plan.

The Florida State Board of Administration (FSBA), has hired Hewitt Associates as recordkeeper for the FSBA’s $3.8-billion 401(a) retirement savings program.