News

Affluent active savers are much more optimistic about their ability to reach their financial goals and their control level towards their finances than they are about the state...

AXA Equitable Life Insurance Company has launched a new variable annuity designed specifically as a rollover option for employees taking distributions from employer-sponsored retirement plans at Fortune 1000...

Although nearly all (95%) consumers would have to change their lifestyle if they lost part of their family’s income for three to six months, only about half reported...

Threadneedle, a global asset manager based in London, has come to America.

New York Life Insurance Company says that John Y. Kim, 47, will join the company and head its investment management arm, New York Life Investment Management LLC (NYLIM).

UBS Financial Services Inc. has opened a Private Wealth Management office in Houston, Texas, the eighth of such offices dedicated to serving the specialized needs of clients with...

Mostly due to gains in the financial markets, total retirement plan assets reached $15.6 trillion in 2007 - an increase of almost 9% over 2006 – according to...

The number of employers offering a Roth 401(k) showed a dramatic increase between 2006 and 2007, according to data released by Charles Schwab.

Pershing Limited, an affiliate of Pershing LLC and a subsidiary of The Bank of New York Mellon Corporation, announced the addition of four new mutual fund providers to...

An early “win″ for plan sponsors (perhaps more accurately, a win for a plan sponsor) was Hecker v. Deere&Co.

An early “win″ for plan sponsors (perhaps more accurately, a win for a plan sponsor) was Hecker v. Deere&Co.

Exchange-traded fund assets declined in February, but have nonetheless increased 29.1% over the past year.

A whitepaper presented by AST Capital Trust with contributions from Hewitt Associates claims the grip is easing on mutual funds’ reign as king of 401(k) plans investments.

Barclays Global Investors (BGI) announced the launch of five new iShares international exchange-traded funds (ETFs).

The combined assets of U.S. mutual funds increased by $14.37 billion, or 0.1%, to $11.742 trillion in February, according to data from the Investment Company Institute (ICI).

New Jersey Supreme Court justices are considering whether a Smith Barney company stock policy in which brokers who leave the firm before two years forfeit their rights to...

Almost 60% of retirement plan participants responding to a recent survey said they have an asset-allocation investment option in their plan.

Retirement plan assets in the U.S. have nearly doubled in value since 1997, according to Watson Wyatt Worldwide’s 2008 Global Pensions Asset Study.

Merrill Lynch Global Research has introduced a new global emissions benchmark designed to provide investors with a “clear and balanced insight into the rapidly growing global CO2 emissions...

Seligman is discounting retirement plan takeover fees for Seligman Growth 401(k) plans, the company announced.