News

Assets in employment-based defined contribution plans (typically 401(k) plans), individual retirement accounts (IRAs), and Keogh plans are concentrated in families with high family income and higher net worth,...

DWS Scudder has launched a proprietary analytical tool to assist plan sponsors and financial advisers in evaluating a defined contribution plan’s competitiveness and help address fiduciary responsibilities.

TIAA-CREF has named Bill Riegel the company’s Head of Global Equity Investments, succeeding Susan Ulick, who will retire on April 1, 2008 as planned.

Apparently March Madness has a bearing on more than just the college basketball tournaments.

A new report finds Generations X and Y members have defined financial goals including amassing a retirement savings nest egg.

The equities markets may be on a long-term fritz, but that hasn’t stopped fund investors from taking stock positions in their portfolios, according to new Strategic Insight data.

The SPARK Institute has filed a 13-page comment letter with the Internal Revenue Service (IRS) about the new 403(b) retirement savings plan regulations, asking for an extension of...

New York City comptroller William Thompson said he will investigate whether the failure of Bear Stearns&Co was due to miscalculation or deception.

State Street Global Advisors (SSgA), the investment management arm of State Street Corporation, announced that the SPDR DB International Government Inflation-Protected Bond ETF (Ticker: WIP) began trading on...

Thrivent Financial for Lutherans is launching a customized service to help retirees actively manage their invested assets and spending in retirement.

Thrivent Financial for Lutherans is launching a customized service to help retirees actively manage their invested assets and spending in retirement.

JennisonDryden Mutual Funds has recently launched the Dryden US Equity Active Extension Fund (Ticker: DUEAX), managed by Quantitative Management Associates (QMA).

Although the majority of people think about what they will need to have saved for retirement, there is confused about how to determine what their lifestyle in retirement...

Nearly half (46%) of pre-retirees and more than one-quarter (28%) of retirees who use financial advisers surveyed reported that neither they nor their adviser have developed a formal...

M Financial Group announced that Garden City, New York-based Chernoff Diamond&Co., LLC, has become a Provisional Member Firm.

401kDIRECT, founder of the CIF Marketplace, and EPIC Advisors, Inc. have introduced an expanded service offering combining back office administration with the ability to access multiple collective investment...

Nationwide Financial has launched a new Web site to provide investment professionals with tools and resources they can use to help build their retirement plan business.

When a co-worker forwarded to me an e-mail about Eliot Spitzer’s alleged tie with a prostitution ring last week, I thought it was a joke.

When a co-worker forwarded to me an e-mail about Eliot Spitzer’s alleged tie with a prostitution ring last week, I thought it was a joke.

The Internal Revenue Service (IRS) has issued Announcement 2008-23, which lays out a new simplified process for obtaining determination letters for pre-approved defined contribution plans.