Boeing Co. employees suing the aviation manufacturer over excessive 401(k) fees have added a trio of allegations, including that the plan improperly offered more expensive and lower performing...
Money managers have not let the credit concerns or a slowing U.S. economy shake their optimism for the 2008 market, according to Russell Investment’s quarterly survey of investment...
TIAA-CREF announced the upcoming launch of an online community for participants to discuss their retirement-related interests, experiences, and concerns.
A New York law firm has filed a lawsuit against Morgan Stanley and its 401(k) plan fiduciaries charging that the fiduciaries improperly allowed participants to continue investing in...
Ellyn A. McColgan, who left Fidelity Investments abruptly this summer, has been named president and chief operating officer of Morgan Stanley’s global wealth-management group.
The U.S. Department of Labor (DoL) has proposed a regulation for assessing civil penalties against plan administrators who fail to disclose certain documents to participants, beneficiaries, and others...
Great-West Retirement Services has introduced a new non-qualified savings plan to help small business owners and their executives accumulate retirement savings above the limitations of qualified retirement plans.
Matrix Financial Solutions, a provider of back-office, trust, custody, trading, and mutual fund settlement services for financial institutions, has acquired ICC Plan Solutions, a provider of communication materials...
The Pension Benefit Guaranty Corporation (PBGC) has published final regulations on premium rates and payment of premiums mandated by provisions of the Deficit Reduction Act of 2005 and...
When asked what issues would have the most significant impact on businesses in 2008, advisers are most concerned about market performance/volatility (58%), retiring Boomers (54%), and the real...
Senator Tom Harkin (D-Iowa) and Senator Herb Kohl (D-Wisconsin) introduced legislation on Thursday designed to protect American workers by ensuring they can access information on the cost of...
As the year comes to a close, advisers are planning ahead for 2008 and, according to a recent poll by the SEI Advisor Network, advisers’ New Years resolutions...