News

Keane Retirement Services announced it is partnering with rollover provider Wealth Management Systems Inc. (WMSI) to offer an automated service for plan terminations and missing participant resolution.

The value and number of federal securities class action settlements declined in 2008, according to a report by Cornerstone Research.

Attorney General Andrew Cuomo again took a stab at Bank of America (BoA) for not releasing data about bonuses paid to Merrill Lynch&Co. executives.

Wolters Kluwer Financial Services said it added several interactive and multimedia features to ComplianceHeadquarters.com.

Advisers can help plan sponsors determine whether cutting the employer match contribution is necessary—and also help communicate changes to participants.

Be careful on the road: More than one-third of Americans reported dozing off behind the wheel, according to a recent poll by the National Sleep Foundation (NSF).

Bernard L. Madoff, the alleged orchestrator of a $50-billion Ponzi scheme, is scheduled to plead guilty to 11 felony charges Thursday.

San Mateo, California-based trucking company Con-way announced Monday it is suspending its 401(k) match and taking a number of other cost-cutting steps.

The myStockOptions.com Web site has updated its content about the effects of recent federal tax law changes on stock compensation programs.

SunGard now provides application service provider (ASP) delivery of its Charlotte trust accounting system for portfolio management, securities processing, performance reporting, and regulatory compliance, the company said.

The management of the Retirement Services division at American United Life Insurance Company (AUL) said it launched a business-building service that expands distribution channels to work with fee-based...

As the Dow Jones Industrial Average slid 11% in February, 401(k) participants made another large movement toward fixed-income investments, according to the Hewitt 401(k) Index.

Fidelity Investments said individuals need more help than ever and is stepping up its efforts with a personal finance campaign aimed at individuals in and out of its...

The U.S. Department of Labor has reached a settlement agreement with Consulting Services Group (CSG) of Memphis, Tennessee, and its affiliated broker/dealer, which provides for fee restitution to...

For the second time in about two weeks, UBS said it has lured away a Smith Barney advisory group.

Standard&Poor's announced the launch of the first in a series of global low carbon indexes to meet investor demands for environmentally focused indexes.

The Vanguard Group closed its Treasury money market funds to new investments.

The Milwaukee Public Museum's 401(k) match will be suspended through August, which will provide a $146,000 savings.

Those in target-date funds are younger, make less money, and have smaller account balances than those not choosing the options.

Barclays Global Investors (BGI) introduced a resource for financial advisers to identify third-party managers (TPMs) who offer model ETF portfolios.