News

John Costas, the former head of UBS’s investment bank, is setting up a full-service boutique in New York for institutional clients, according to news reports.

UBS announced this morning that Oswald J. Grübel replaced Marcel Rohner, who has resigned, as the company’s Chief Executive Officer.

The U.S. Senate Special Committee on Aging held a hearing about the economic downturn’s effect on retirement security, particularly for those who are on the brink of retirement.

Fewer Americans expect to retire, but many remain confident in their own ability to plan for retirement.

Perspective Partners, a firm specializing in measuring 401(k) plan effectiveness, has launched a savings stimulus campaign providing free assistance to businesses.

Two managing general partners of WG Trading Co. of Greenwich, Connecticut, have been charged with running an estimated $550 million investment fraud.

Mercer has recently added two personalized online retirement planning tools to its base service offering for defined contribution (DC) plan administration clients.

Robert J. Callanan, Jr. has been named a Managing Director at UBS, supporting corporate plan sponsors and providing wealth management and education services to their stock plan employees...

An industry-sponsored study found that 86% of individual buyers of long-term care insurance last year were younger than age 65.

Before you traverse to Traverse City or shoot over to Charlotte, check out this list of America’s most expensive airports for domestic travel.

Forward Management, LLC, investment adviser to the Forward Funds, will add the Kensington Funds from the Kensington Investment Group, Inc., to the Forward Funds series.

The nation has a new Secretary of Labor.

While individuals speaking during the U.S. House Education and Labor Committee’s hearing on “Strengthening Worker Retirement Security″ described the nation’s retirement system as being “in peril,″ lawmakers were...

A representative of several business groups testified before a state legislative committee Tuesday to oppose a proposal for the state of Connecticut to sponsor a 401(k) plan for...

Transamerica Retirement Services said it has launched a program to help retirement plan participants weather the financial storm, create a successful investment plan, and regain confidence in their...

While participants realize their retirement savings have taken a hit with the market downturn of the past year, they might not know just what that hit means for...

The Internal Revenue Service (IRS) Tuesday published final rules relating to automatic contribution arrangements to reflect provisions of the Pension Protection Act and the Worker, Retiree and Employer...

PT Marketing said its new 401k Appointment Setting program introduces financial service and insurance professionals to companies with 401(k) programs.

Corporate Synergies Group (Corporate Synergies), a benefits consultant and brokerage firm, announced that it has expanded into Columbia, Maryland.

FINRA appointed Richard G. Ketchum, currently FINRA chairman and CEO of the New York Stock Exchange (NYSE) Regulation, to serve as its CEO.