News

New Vanguard Fund Goes Global

Vanguard has filed a registration statement with the Securities and Exchange Commission for the firm’s first passively managed global index fund.

Graduation Dazed?

This spring, 3.33 million students will graduate from high school, the largest class in American history.

Debt Impeding Retirement Savings

A new survey found that 43% of non-retirees said debt affects their ability to save for a comfortable retirement “a great deal,″ while 32% of non-retirees said debt...

AXA Equitable Launches Annuity for Plan Rollovers

AXA Equitable Life Insurance Company has launched a new variable annuity designed specifically as a rollover option for employees taking distributions from employer-sponsored retirement plans at Fortune 1000...

Kim to Head Up NYLIM

New York Life Insurance Company says that John Y. Kim, 47, will join the company and head its investment management arm, New York Life Investment Management LLC (NYLIM).

IMHO: The Letter of the Law

An early “win″ for plan sponsors (perhaps more accurately, a win for a plan sponsor) was Hecker v. Deere&Co.