News

Once two 401(k) plan administrators learned a dead participant’s common-law spouse was legally validating her marital status, the plans should have postponed distribution of the participant’s balance until...

The U.S. District Court for the Northern District of Illinois ruled that Motorola Inc. and fiduciaries of its 401(k) plan did not breach their fiduciary duties under the...

The Internal Revenue Service (IRS) has recently added updated tools to its Employee Plan Team Audit (EPTA) Web site.

In a joint hearing on target-date funds before the Department of Labor (DoL) and the Securities and Exchange Commission (SEC), witnesses were in favor of the use of...

The McGraw-Hill Companies, Inc., could find itself facing a participant lawsuit.

A Watson Wyatt survey found that a third (34%) of workers have increased their planned retirement age in the last 12 months.

ExpertPlan, provider of defined contribution plan recordkeeping solutions, announced it has hired Steven Hart as vice president, Sales and Business Development.

M Financial Group, a financial services design and distribution company, announced that Erben Associates, LLC, has become a provisional member firm.

Target-date funds’ allocations among stock and bond subclasses were among the primary determinants of the funds’ performance, new Vanguard Group research found.

The House Subcommittee on Health, Employment, Pensions and Labor has approved the 401(k) Fair Disclosure for Retirement Security Act (H.R. 1984) and the Conflicted Investment Advice Prohibition Act...

The Vanguard Group has added a new interactive target-date glide path tool to its Web site to help participants better understand how the asset allocations of the its...

The Vanguard Center for Retirement Research reported that the use of target-date funds in defined contribution plans administered by Vanguard continues to grow rapidly.

A survey by Mercer found that 73% of organizations globally do not plan to reduce the level of employer contributions to defined contribution plans in the remainder of...

A recent survey of U.S. companies by Grant Thornton found that 29% have already modified, or currently intend to modify, the matching contribution feature in their 401(k) plans...

ThriveOn, Inc. has unveiled its Benefits and Open Enrollment Learning Center, designed to help employers educate employees about workplace benefits and financial topics.

MSCI Barra has launched a range of long/short factor indexes based on MSCI indexes and Barra risk models.

A survey by Charles Schwab found that 25% of investors in the U.S. are considering changing financial services firms or brokers in the next year based on their...

Advisor Software, Inc., a provider of wealth management solutions for the adviser market, announced a new release for ASI Wealth Manager, a platform for personalized goal-based investment management.

A University of Florida study found that people with intelligence earn more in their lifetime than those who are self-confident or attractive.

Financial Telesis Inc., (FTI), a full-service broker/dealer and registered investment advisory firm, said employee benefits consulting firm BCI-Group has joined FTI’s network.