News

Participant transfers in May moved toward equities and away from fixed income, according to the Hewitt 401(k) Index.

A court dismissed a securities fraud suit accusing executives at health insurance giant Aetna Inc. of making false statements about the company's “disciplined″ pricing strategies to drive up...

The Securities and Exchange Commission (SEC) released the lineup of witnesses set to testify about target-date funds before SEC and Department of Labor (DoL) officials on Thursday.

A court ruled that participants in the First American Corp. 401(k) plan cannot be certified as a class for purposes of a suit questioning the appropriateness of maintaining...

Ravaged by the same fiscal turbulence pounding the nation's legitimate businesses, Ponzi operations have been collapsing at a record clip, The Washington Post reported.

The Securities and Exchange Commission (SEC) will ask a federal judge to block some investor lawsuits against the failed Reserve Primary Fund to ensure all shareholders get as...

BlackRock, Inc., announced Tuesday it has received written notice from Barclays PLC that Barclays’ Board of Directors has formally accepted BlackRock’s offer to acquire Barclays Global Investors (BGI).

Commonwealth Financial Network announced the addition of three portfolios with alternative asset classes to its lineup of in-house managed portfolios.

A global survey released by Barclays Wealth found that most wealthy investors recognize opportunities, but aren’t seizing them.

Monsanto Co. walked away with a mixed outcome from two rulings by a federal judge in Illinois—one in the employer’s favor and a second in favor of participants—regarding...

Two Oakland County-based, independent investment advisory firms have combined operations, creating what the firms say will be a 'leading investment advisory firm' in Southeastern Michigan, according to a...

FTSE Group, a global index provider, has launched capital investment tools to help investors identify and gain exposure to the environmental technology sector.

ING named Ralph DelSesto as the new head of its TPA Channel, the company announced.

Benefit Plans Plus (BPP) and Qualified Plan Services (QPS) have merged to become the second-largest locally owned third-party administrator (TPA) in the St. Louis region.

One in two Americans polled in a recent survey by The Hartford Financial Services Group, Inc. say they are concerned about losing ground in their efforts to save...

Russell Investments has posted lists of stocks set for addition to or removal from the Russell Global Index when it is fully reconstituted June 29.

403(b) plan participants have until June 30 to correct defective contract exchanges to avoid the amounts becoming immediately taxable.

Way before we had “reality″ shows where we could watch people make fools of themselves in prime time, there was “Let’s Make a Deal.″

Way before we had “reality″ shows where we could watch people make fools of themselves in prime time, there was “Let’s Make a Deal.″

A federal judge in Massachusetts has ordered the sponsor of a master plan to strike a clause in its plan documents relieving the trustee of the duty to...