News

Auto Enrollment Guidance Issued

The Treasury Department and the Internal Revenue Service (IRS) issued proposed regulations implementing new rules that facilitate the adoption of automatic contribution arrangements in 401(k), 403(b), and 457...

DWS Climate Change Fund Launched

DWS Scudder, the U.S. retail unit of Deutsche Bank’s Asset Management division (DeAM), on Wednesday announced the launch of the DWS Climate Change Fund.

More Manager Shifts at Janus

Janus Capital Group Inc. says that, effective tomorrow, veteran portfolio manager Marc Pinto will manage Janus Growth and Income Fund and its related products for intermediary and institutional...

Citi Hit With Another Lawsuit Over 401(k) Plan

Citigroup, which suffered a recent management shakeup over its subprime mortgage crisis fallout, has been charged with imprudently allowing 401(k) company stock investments despite “serious mismanagement.″