News

Marsh&McLennan Cos Inc (MMC) has announced it will replace embattled CEO Michael Cherkasky and is evaluating strategies to boost shareholder value.

Vanguard has launched three new index funds that seek to track the MSCI US Large Cap 300 Index, MSCI US Large Cap Growth Index, and MSCI US Large...

Barclays Global Investors (BGI) has announced the launch of the iShares MSCI Japan Small Cap Index Fund on NYSE Arca.

To help financial professionals and their clients face the effects of new 403(b) plan regulations, The Principal has created a comprehensive education program.

Janus Capital Group Inc has stopped accepting cash from new customers in three funds that invest in non-U.S. stocks.

ExpertPlan, a provider of private-label recordkeeping solutions to the retirement plan industry, has announced a new strategic partnership with the registered investment adviser (RIA) firm Brock Asset Management.

Defined benefit plan sponsors could soon benefit from a recent acquisition by the Hartford.

The Hartford has managed a hat trick, announcing its third acquisition this month.

The latest ERISA litigation firm to probe the company stock investment in the Morgan Stanley 401(k) Plan and the Morgan Stanley Employee Stock Ownership Plan is Milberg Weiss...

The Internal Revenue Service (IRS) has extended transitional relief for defined contribution plans subject to the employer stock diversification rights rules put in place by the Pension Protection...

Kaplan Financial, a provider of education and compliance solutions, has developed a new course offering for brokerage and investment firms to certify the credibility of their sales people...

Santa Claus is coming to town – for about 34 microseconds.

Boeing Co. employees suing the aviation manufacturer over excessive 401(k) fees have added a trio of allegations, including that the plan improperly offered more expensive and lower performing...

Money managers have not let the credit concerns or a slowing U.S. economy shake their optimism for the 2008 market, according to Russell Investment’s quarterly survey of investment...

TIAA-CREF announced the upcoming launch of an online community for participants to discuss their retirement-related interests, experiences, and concerns.

The Principal Financial Group has agreed to acquire Retirement Consulting Actuaries, Inc. (RCA).

Claymore Securities, Inc has launched the Claymore/AlphaShares China Real Estate ETF on the New York Stock Exchange Arca, Inc.

A New York law firm has filed a lawsuit against Morgan Stanley and its 401(k) plan fiduciaries charging that the fiduciaries improperly allowed participants to continue investing in...

Ellyn A. McColgan, who left Fidelity Investments abruptly this summer, has been named president and chief operating officer of Morgan Stanley’s global wealth-management group.

The U.S. Department of Labor (DoL) has proposed a regulation for assessing civil penalties against plan administrators who fail to disclose certain documents to participants, beneficiaries, and others...