News

A profit sharing plan administrator is not liable for the unlawful diversion of plan assets by the fiduciary overseeing the plan’s management. 

Key product lines of Financial Research Corporation (FRC) have been acquired by Asset International, Inc. to form a new division of Strategic Insight. 

The day after launching his own mergers and acquisitions consulting firm, Dave DeVoe hit the road to meet with his first client.  

Over 95% of the 1,200 plan sponsors contacted by the Employee Plans Compliance Unit of the IRS voluntarily completed an online 401(k) Compliance Check Questionnaire.

The Greenwich Roundtable released a white paper discussing how investors can manage complexity of alternative investments to improve their returns.

The Department of Labor will recover more than $7 million for former employees of USProtect Corp., a defunct company that provided security services for federal buildings across the...

David Longfritz has been selected as the first Chief Marketing Officer at John Hancock Financial.

A report from the Center for Retirement Research at Boston College suggests that for corporate pension plans, the potential diversification benefits from investing in alternative investments may be...

Based on a survey with financial services executives, Aite Group asserts that the retirement income industry is still in its infancy, with the shift from accumulation to decumulation...

ADP has launched the ADP ACCESS FlexAccount, a plan-level administration tool designed to give 401(k) plan sponsors greater flexibility in paying plan fees and expenses.

Gold Bullion International (GBI) and The Kingdom Trust Company are collaborating on a physical precious metal alternative investment offering for financial advisers and investors.  

TIAA-CREF's chief investment officer (CIO),  Ed Grzybowski, will be retiring; a search for his successor is under way.

State Street Global Advisors (SSgA) published a white paper outlining tax-management strategies for advisers to implement with clients before the year is out.  

New hires in Texas and Florida have made Bank of America reach its goal of having more than 1,000 Merrill Edge Financial Solutions Advisors (FSAs) nationwide by the...

MassMutual Retirement Services launched RetireSmart TV, a series of online videos covering a range of financial topics, featuring Farnoosh Torabi.