Kemet Corp., a South Carolina company that makes capacitors for electronics products, has joined the ranks of those companies making compensation and benefits changes to offset the effects...
Unisys Corporation is suspending its 401(k) plan matching contribution to save $50 million annually as part of a series of cost-cutting moves designed to slash its expenses by...
In wake of the market decline, a new MetLife study found that 42% of retirees surveyed are considering reallocating their assets to products that may provide a higher...
President George W. Bush on Tuesday signed into law a broad pension relief bill that includes a one-year moratorium on required minimum distribution (RMD) rules.
Most advisers in the small to mid-sized market say that increasing sponsor concerns about revenue sharing and fiduciary duties are fueling consulting demand, according to Cerulli Associates.
Fee-based advisers play a crucial role in determining the success of next-generation managed account solutions, such as unified managed account (UMA) programs, according to Cerulli Associates.
Asset International, the parent company of PLANSPONSOR, PLANADVISER, and Global Custodian, has been acquired by Austin Ventures, a venture capital and growth equity firm with $3.9 billion of...
The Boston-based Pioneer Investments has named Bill Taylor as senior vice president and head of Relationship Management and Strategic Alliances Group in the U.S.
When third quarter statements started rolling in, the majority of mutual fund management firms did not acknowledge the effect of current market woes on investor assets.
In a letter to a top Congressional lawmaker this week, the Treasury Department said it will not suspend the required minimum distribution (RMD) requirement for 2008.
Most of the millions of American workers who invest for retirement through a 401(k) plan are staying the course despite tumultuous markets, and want to preserve the 401(k)’s...