News

Last week, the House Committee on Education and Labor passed the 401(k) Fair Disclosure for Retirement Security Act (H.R. 3185).

Participants moved assets from equities to fixed-income investments during 80% of the trading days in March, according to the Hewitt 401(k) Index.

The law firm of Stember Feinstein Doyle&Payne, LLC is investigating whether Marshall&Ilsley (M&I) violated its fiduciary duties to its retirement program by maintaining investment offerings in certain M&I-owned...

Despite all the talk about the declining U.S. economy, a recent survey of financial advisers found that 63% of financial advisers are bearish over predictions for U.S. economic...

The Cafaro Group, LLC, a member firm of National Retirement Partners, is now Cafaro Greenleaf.

Independent insurance broker Lockton Companies in Atlanta is launching retirement plan consulting services for both corporate and not-for-profit organizations.

A new Spectrem Group survey of large 401(k) plan sponsors found the sponsors are looking for advisers expert in a particular service and will bring on more than...

The version of a 401(k) fee disclosure bill passed by a U.S. House committee Wednesday includes a controversial provision mandating that plan sponsors include an index fund in...

Mercer has recently introduced an online retirement savings educational program to employees whose 401(k) plans it administers and the general public.

Mutual of Omaha has revealed plans to double the workforce at its recently acquired Retirement Marketing Solutions (RMS) subsidiary and to open an Omaha office for the new...

Albert Einstein might have been thinking about target-date funds when he said that everything should be made as simple as possible, but not one bit simpler.

You’ve perhaps heard about studies that suggest that more boys were born just ahead of the two World Wars.

Net cash flow to mutual funds worldwide was $383 billion in the fourth quarter of 2007, with both long-term funds and money market funds experiencing aggregate net inflows,...

Callan Associates’ Independent Adviser Group (IAG) and Natixis Global Associates’ Managed Portfolio Advisors (MPA) have announced the Callan Unified Managed Account (UMA) program.

AIG Advisor Group has named Noah Sorkin to the newly created position of Senior Vice President and General Counsel.

Morningstar’s fifth annual best and worst 529 college savings plan study found improvements in plan investment lineups and fees.

Two blue-ribbon private-sector committees have released lists of best practices for hedge fund investors and asset managers, according to a government news release.

Less than one-third (31%) of GenXers polled believe they will one day be able to fully retire.

Russell Investments has launched a series of new multimanager funds, designed specifically for the “decumulation″ phase of retirement saving and seeking to provide a steady, but not guaranteed,...

The Hartford Financial Services Group has announced that The Hartford Lifetime Income will be offered to participants in the company’s 401(k) plan.