News

Annuity assets will grow to $2.9 trillion by 2012, fueled by demographic and product trends, a recent study by Cerulli Associates says.

ftwilliam.com, a provider of plan documents and government forms software, has released their defined contribution EGTRRA prototype plan documents.

Americans have no trouble admitting they are lackluster savers, but that doesn’t seem to motivate them to stock away more of their income, a new survey found.

Rogerscasey has agreed to acquire Perimeter Capital Management Inc. (PCMI), based in Toronto, according to a release.

The Financial Research Corporation (FRC), a source for information on asset inflows and outflows to mutual fund companies, said it will stop disclosing net sales information to the...

A U.S. district court rejected the attempt by an employee stock ownership plan (ESOP) participant to revive her fiduciary breach case based on the recent U.S. Supreme Court...

Merrill Lynch Consulting Services is closing down its Florida pension advisory practice.

Investment management firm Brinker Capital launched an initiative providing practice management advice to financial professionals.

AssetMark Investment Services, Inc., and Genworth Life and Annuity Insurance Company introduced LifeHarbor, a group guaranteed income annuity product.

Looks like Jacobs and Emilys are going to have a lot of company on the playground, according to an annual report of most popular baby names.

Young adults remain an untapped market for financial advisers, says Mintel research firm.

Adding guaranteed income to a qualified default investment alternative (QDIA) can generate higher income levels in retirement, a study to be released Friday by Genworth Financial said.

Results of a new survey released by AARP indicates some Baby Boomers are delaying retirement and taking premature withdrawals from their retirement savings as a result of the...

The Newport Group has appointed Greg Clark as Regional Director for the firm’s Mid-Atlantic region.

While the current state of the economy and market is taking a toll on Americans’ finances, a new study from ING finds other factors would hurt individual’s finances...

Sixty percent of advisers agree the U.S. is already in a recession, but their clients are continuing to save for retirement, according to a survey released today by...

William R. Kline has left CAPTRUST Financial Advisors and joined New York Life Retirement Plan Services as Vice President of sales for the southeastern United States.

Although stagflation fears are gripping investors, inflation concerns are fast overtaking worries about economic growth, according to Merrill Lynch’s Survey of Fund Managers for May.

It is not just for the younger generation: Social media plays a rapidly growing and influential role in an individual investor’s financial decisions, particularly for high-net-worth investors, according...

Although ownership and assets in both 401(k)-type retirement plans and individual retirement accounts (IRAs) have risen, the majority of Americans still do not have a retirement plan, said...