News

The investment advisory subsidiary of Arthur J. Gallagher & Co., GBS Investment Consulting, LLC. (GBS IC), has acquired Independent Fiduciary Services (IFS).

New York Life Investments has developed the Guaranteed Interest Pension Account (GPA) to help mid- and large-size corporate pension plan sponsors and their advisers manage near-term liabilities.

I was in London for a few days last week. 

The vast majority of investment committee members surveyed said they prefer a democratic approach. 

There are still changes to be made to 408(b)(2), said Assistant Secretary of Labor Phyllis Borzi, speaking last week.

The 7th U.S. Circuit Court of Appeals has denied a petition to rehear a case alleging Kraft Foods breached its fiduciary duties under the Employee Retirement Income Security...

Household stock ownership has decreased, as the tax benefits associated with owning stocks inside a pension plan increase, according to a study from the Stanford Graduate School of...

Proposed regulations for lifetime income options are under review at the Internal Revenue Service.

Investment returns were in the range of 12% in FY2010 – the second consecutive year of double-digit returns and a welcome offset to the 26% portfolio decline experienced...

Globally, year-to-date cash contributions to equity and mixed funds through April 2011 surpassed fixed income for the first time since the financial crisis.

Employee Benefit Solutions, a human capital consulting firm, has established Ascende Wealth Advisers (AWA), a wholly-owned subsidiary registered with the Securities and Exchange Commission.

The results of the 2010 and 2011 403(b) Plan Surveys from the Profit Sharing/401k Council of America (PSCA) reveal some interesting differences.

Financial Research Corporation (FRC) announced that Robert J. Jenkins has joined the firm as President.

Mercer Investment Consulting, Inc. has signed an agreement with Milliman, Inc., to acquire portions of its wholly-owned investment consulting subsidiary, Evaluation Associates LLC.

Jason Jeskey, a former practicing Employee Retirement Income Security Act (ERISA) attorney, has joined the Retirement Plan Advisory Group (RPAG) as a Senior Plan Consultant and ERISA Specialist.