News

Massachusetts Mutual Life Insurance Company (MassMutual) named Hugh O’Toole as Senior Vice President in charge of national sales and distribution for the company’s Retirement Services division.

State Street Global Advisors (SSgA), the investment management arm of State Street Corporation, said two SPDR exchange-traded funds (ETFs) will begin trading on the American Stock Exchange Tuesday.

The Merrill Lynch Retirement Group reported that among the 1,700 plans on its proprietary recordkeeping system, almost 200 (12%) had added a Roth 401(k) option as of the...

The percentage of Americans who say they will be able to live comfortably in retirement fell to 46% from 53% a year ago, a Gallup poll found.

A report found that 69% of participants have 401(k) portfolios with inappropriate risk and/or diversification.

Last week, the Connecticut legislature didn’t get around to voting on a bill that would have effectively set up a state-sponsored 401(k) plan for small businesses.

Last week, the Connecticut legislature didn’t get around to voting on a bill that would have effectively set up a state-sponsored 401(k) plan for small businesses.

ALPS Holdings, Inc., and Cohen&Steers launched a global real estate exchange-traded fund (ETF).

John E. Kriss has joined Alpha Fiduciary Wealth Management as Senior Vice President and investment adviser.

Americans held $17.6 trillion in retirement assets at the end of 2007, up $1.1 trillion from year-end 2006, according to a report from the Investment Company Institute (ICI).

UBS Financial Services Inc. reached an agreement with Massachusetts Attorney General Martha Coakley to return $37 million to 17 cities and towns, as well as to the Massachusetts...

Charles P. Nelson was appointed President of Great-West Retirement Services.

A bill allowing the state of Connecticut to sponsor a 401(k) plan for small businesses apparently was a casualty of the last-minute scramble by lawmakers to end their...

Federal benefit plans regulators on Thursday assured plan sponsors that paying strict attention to plan reporting rules was actually to their advantage.

A top Department of Labor (DoL) benefits regulator on Thursday revealed that the agency is studying ways to help 403(b) plan sponsors better deal with the difficult problem...

Morgan Stanley will issue two exchange-traded notes (ETNs), which aim to provide leveraged directional exposure to the euro/U.S. dollar exchange rate.

Although Hispanic Americans are saving for retirement, more than two-thirds do not use a financial adviser, a study by Prudential found.

Close to three-quarters of women who are very confident about retirement savings have the help of a professional adviser, a study by Prudential says.

You can file this one under “people with way too much time on their hands.″

The SPARK Institute released final versions of its "Best Practices for 403(b) Plans" and a sample Information Sharing Agreement (ISA).