News

The Reader's Digest Association, Inc., has informed employees that it will adopt a global ‘Recession Plan,' including the suspension of company matching contributions to its U.S. 401(k) plan.

The Hartford Financial Services Group, Inc., has launched a new educational campaign to help financial advisers review retirement plan clients' needs, improve plan designs, and enhance employee participation.

The Securities and Exchange Commission (SEC) is going after an investment adviser who allegedly defrauded clients by saying they were investing in the federal government’s Troubled Asset Relief...

Fee disclosure regulations did not make it into the Federal Register before the new administration stepped in, but that is not necessarily a signal for advisers to relax...

Deferred variable annuities show promise in the wealth transfer market, according to Cerulli Associates.

Merrill Lynch laid off an undisclosed number of short-tenured advisers this week, according to news reports.

Ellyn McColgan, president and COO of the global wealth management group at Morgan Stanley, will not be around when the group merges with Smith Barney, according to a...

The Janus Capital Group is exiting the institutional money market business after deciding its money market offerings have not achieved the size necessary to be sufficiently profitable.

Market volatility in 2008 caused many investors to seek help, according to Fidelity Investments.

The West Tennessee Healthcare system has suspended its 403(b) plan match.

A court determined that an employer did not have to provide certain documents requested by cash balance plan participants within 30 days as required by the Employee Retirement...

One potential reason why some elderly run down their assets slowly is uncertainty over their life spans, suggests an analysis by the National Bureau of Economic Research (NBER).

A federal judge in Minnesota has rebuffed an age-discrimination challenge to Northwest Airlines' defined contribution plan, ruling that the use of age as a factor for a benefits...

Whether unions representing Minnesota District 861 teachers and paraprofessionals can legitimately file a grievance over 403(b) plan changes is under debate.

Convergent Retirement Plan Solutions, LLC, and Archimedes Systems, Inc., released the Roth IRA Conversion Optimizer for financial advisers.

Geneos Wealth Management announced the latest improvement to its technology platform, Artesian CRM 3.0.

Jason Roberts moved from Edgerton Weaver, LLP, to join as a partner in the Employee Benefits practice at business law firm Reish Luftman Reicher&Cohen.

For advisers interested in selling or learning more about long-term care insurance, SellingLTC.com offers a free resource center.

Generally speaking, there’s no such thing as a sure thing – certainly when it comes to investing.

Northern Trust announced Tuesday the scheduled closing of Northern Exchange Traded Shares (NETS) traded on NYSE Arca for February 20.