News

CPI Qualified Plan Consultants, a Great Bend, Kansas-based third-party administrator (TPA) and recordkeeper, agreed to acquire Gatekeeper Administration&Consulting, a Flagstaff, Arizona-based TPA specializing in the education industry.

Mercer’s first-quarter 2009 Defined Contribution Universe Summary found losses in all equity markets during the period.

Even in the face of a major economic downturn, 401(k) participants still kept on keeping on in 2008, according to a Hewitt Associates study.

With the economy still uncertain and continued market volatility, Fidelity Investments said it is seeing higher levels of worker engagement in retirement plans.

A survey by the International Foundation of Employee Benefit Plans (IFEBP) found defined contribution sponsors are making plan changes in the face of the economic downturn.

McCready and Keene announced it offers custom risk-based and age-based portfolios within the same retirement plan, utilizing an asset allocation strategy composed of a plan's core fund lineup.

Standard&Poor's launched risk-controlled versions of its S&P 500 and S&P /ASX 200 indexes.

UBS Corporate Employee Financial Services (CEFS) has added a software utility to its technology platform to facilitate data exchange with clients that seek equity compensation plan services.

A study by consulting firm kasina found that investment managers will further rely on analysts to guide advisers to products.

Need happiness? Move to Canada, or better yet, Denmark.

Spyker Consulting, Inc., an international bullion brokerage firm, said it offers individual retirement account (IRA) services for qualified investors seeking to have gold, silver, platinum, or palladium in...

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.