News

Thirty-eight percent of surveyed employers reported their employees cut the amount of their retirement savings in 2009, while 12% also saw an upswing in opt-outs from automatic enrollment...

Great-West Retirement Services has appointed Kevin White as regional sales director for Tennessee.

Ameriprise Financial has introduced Active Diversified Alternatives Portfolios, a series of professionally managed portfolios designed for long-term investors seeking increased diversification and risk management.

Exchange-traded fund (ETF) assets rose $47.4 billion, or 8%, in July, according to State Street Global Advisors (SSgA).

MetLife has enhanced its Web-based Benefits Benchmarking Tool for employers and brokers to compare benefits to companies with a similar profile.

QVC said it continues to investigate alleged irregularities regarding employee 401(k) hardship withdrawals at its Rocky Mount, North Carolina, distribution center.

Pershing LLC said it has begun providing its introducing broker/dealer and independent registered investment adviser (RIA) customers with access to a performance reporting solution from Black Diamond.

When it comes to qualified retirement plans, there are three kinds of people: people who are fiduciaries and know it, people who aren’t fiduciaries and know...

The 3rd U.S. Circuit Court of Appeals has ruled that a plan administrator did not abuse its discretion in denying a disability retirement benefit payment to an employee...

In a speech before the New York City Bar Association, marking the end of his first 100 days as director of the Securities and Exchange Commission Division of...

ShareBuilder 401k, provider of 401(k) plans for businesses with one to 250 employees, has introduced a 401(k) offering to be sold through registered investment advisers (RIAs).

Legg Mason Inc. reorganized five funds in its ClearBridge Advisors unit as money manager Alan Blake and Hersh Cohen, the division’s investment chief, are set to retire.

Morgan Stanley Smith Barney (MSSB) became the latest wirehouse to put its foot down on exchange-traded funds (ETFs).

A federal judge considering a series of lawsuits against the failed Washington Mutual (WaMu) told lawyers that she will likely decide on initial motions to dismiss the cases...

While most advisers offer employer benefits retirement planning services, only a quarter of clients use those services, according to research from Cerulli Associates.

A new survey found that in addition to reducing 401(k) contributions, employers are looking to cut cost by negotiating fees with their providers or advisers.

The Financial Industry Regulatory Authority (FINRA) has fined Ameritas Investment Corp. $100,000 and suspended and fined one of its brokers for inducing customers to take on additional home...

Verity Asset Management added five new investment adviser representatives as part of its expansion of advisory services in the 403(b) marketplace, the company said.

While moving to independence is easier for advisers than ever before, it’s still not exactly easy.

The chief U.S. securities regulator is now advocating that the U.S Securities and Exchange Commission (SEC) should be funded directly from industry fees.