Employee stock ownership plans (ESOP) and ESOP-like plans saw a significant increase in number and size in 2007 compared to a year earlier, according to estimates from the...
CBH Pensions, Inc., provider of retirement plan consulting and administrative services, has joined Alliance Benefit Group, a national network of independently owned retirement plan consulting and administration firms.
403b ASP, a division of 401k ASP, has introduced a 403(b) plan management solution that allows plan sponsors to manage their plans in one system while continuing to...
The least-expensive 529 plans available nationwide are offered by Ohio, Illinois, and North Carolina, according to Savingforcollege.com’s 529 Fee Comparison Study.
Morningstar on Thursday announced it had launched the Morningstar Rating for hedge funds as well as the Morningstar 1000 Hedge Fund Index and 17 indexes based on the...
Fidelity Investments reported that recordkept assets in its defined contribution (DC) services business grew 8% to $851.4 billion in 2007, from $791.8 billion in 2006.
A Wisconsin Congressman has proposed a measure increasing small business incentives and reducing administrative requirements to start SIMPLE IRAs or 401(k) plans.
As plan’s use of target-date, or target-maturity, funds increases, discussions about how best to structure and benchmark these funds have become more frequent.
Final QDIA regulations issued by the Department of Labor in October offer the financial services industry – and every plan sponsor – a once-in-a-generation opportunity to contribute to...
A federal judge in Missouri has determined that the fiduciary breach lawsuit over excessive fees and revenue sharing practices in ABB’s 401(k) plan, filed by the St. Louis-based...
A judge has dismissed a profit-sharing plan participant’s fiduciary breach suit against the plan’s broker because it was filed after the three-year statute of limitations required under the...
The Principal Financial Group has adopted an integrated approach to support retirement plan consultants and independent registered investment advisers (RIAs).
Because John Hancock Life Insurance Co. could be judged to have been a fiduciary for a law firm’s 401(k) plan, the plan’s trustee can continue with his fiduciary...
Transamerica Retirement Services has announced its Fiduciary Management Program to allow advisers to help plan sponsors clearly define, execute, and document investment selection and monitoring.