The U.S. District Court for the District of Massachusetts recently held that employer W.R. Grace and Co. and State Street Bank and Trust Co. did not breach their...
The Iowa Division of Insurance will be the first U.S. state regulator to implement an initiative designed to improve consumer understanding of fixed and indexed annuities.
Most working Americans responding to a recent poll declared they had begun saving for retirement, but didn’t expect to be able to start using the money until age...
Though concerns about their retirement exist, members of Generation X say those concerns are on the backburner while they deal with current financial priorities, according to a recent...
Russell Investments has named Peter Gunning as its new global chief investment officer (CIO) and managing director of multi-manager investments, effective mid-February.
Jerry Bramlett, founder/CEO of The 401(k) Company, has been named as President and Chief Executive Officer at San Ramon, California-based BenefitStreet, Inc.
OppenheimerFunds, Inc. (OFI) has expanded its Oppenheimer Portfolio Series with the addition of the Oppenheimer Portfolio Series Fixed Income Active Allocation Fund.
Lawsuits against State Street Global Advisors (SSgA) over its money management decisions to put client funds in subprime mortgage-related vehicles continue to pile up.
Individuals who save more and are more active in managing their retirement savings are less confident in their retirement security and the retirement decisions they make than are...
On Friday the Board of Directors of Dodge&Cox announced that the Dodge&Cox Stock Fund and Dodge&Cox Balanced Fund will reopen to new investors effective Monday, February 4, 2008.
Federal regulators have released new guidance that asserts that a named or functional fiduciary who has authority to appoint a plan’s trustee(s) must make sure the proper party...
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