News

MassMutual's Retirement Services Division has been selected by The Austen Riggs Center, based in Stockbridge, Massachusetts, as the new full-service provider for the company's $7 million defined benefit...

Spector Roseman Kodroff&Willis, P.C., filed another class action against Austin Capital Management Ltd. for millions of dollars of losses due to improper investments in securities controlled by Bernard...

The Revzon Consulting Group added Michelle Brooks to its staff as the manager of Participant Recordkeeping Services.

A new research report suggests that many workers at companies suspending their 401(k) match are nonetheless covered by a traditional pension plan.

A three-judge court of appeals ruled that a federal district court should not have reversed a copyright infringement case brought by broker The Graham Co. against broker USI...

BlackRock, Inc. says it has executed a purchase agreement to acquire Barclays Global Investors (BGI), including its iShares exchange-traded fund (ETF) platform.

ING Investment Management Americas named Michael Forstl as vice president of business development.

The Keller Rohrback class-action law firm announced Thursday that it is investigating the investment activities of Northern Trust Company (NTC) and Northern Trust Investments (NTI).

When it comes to choosing rollover providers, high-net-worth (HNW) investors opt-out of many full-service firms.

Standard Insurance Company, a subsidiary of StanCorp Financial Group, Inc., said it has been selected by a consortium of 15 school districts in southeast Michigan to become their...

U.S. Representative Richard Neal (D-Massachusetts) has introduced legislation that would require administrators of 401(k) plans to provide plan participants with detailed fee and investment disclosures.

Wilmington Trust has named Charles Russella as president of Wilmington Trust Retirement and Institutional Services Company (WTRIS).

Morgan Stanley announced today that Henry McVey, who previously worked at Morgan Stanley for more than a decade, is returning to the firm.

State Street Global Advisors (SSgA) launched a financial literacy campaign designed to help financial advisers become a resource and educator for parents seeking to raise financially responsible children.

There’s plenty of opportunity for advisers to help high-net-worth (HNW) investors save for college funds, according to Phoenix.

The new Income Annuity Training Guide from the Principal Financial Group helps financial professionals understand how to offer income annuities as part of a retirement income strategy, the...

Mercer and Putnam Investments announced Wednesday that Mercer will now provide all plan services for existing Taft-Harley clients that had been serviced by both firms.

Research from HSBC finds that Americans accept personal responsibility for funding their own retirement, but feel the government can help.

The number of employers offering nonqualified deferred compensation plans (NQDCPs) in 2008 was flat compared to a survey taken a year before.

Newly released data from the Investment Company Institute (ICI) indicates that 65% of total U.S. retirement assets during 2008 were held in employer-sponsored retirement plans.