News

Transamerica Retirement Services has hired Steve Marsh as regional vice president in the company’s Southern Region.

Towers Watson has hired Michael Hall as West Division Investment Leader.

Morgan Stanley Smith Barney announced that detailed fee and service benchmarking tools have been added to its defined contribution retirement plans.

No matter which team wins Sunday, if you’re a stock market fan, it should be a “win-win.”   

The Securities and Exchange Commission (SEC) announced that investors will be able to access information that money market funds file with the agency, including its...

Wells Fargo launched a Web site aimed at helping women get more comfortable with retirement savings issues.

Wells Fargo published its sixth annual Retirement Survey and spoke with middle-income women spanning all ages; the survey found retirement is the number-one issue they want to learn...

The SPARK Institute is urging Employee Benefit Security Administration (EBSA) to take a more restrained approach in changing the definition of advice and fiduciary so that the industry can...

Schwab Advisor Services released its industry-wide registered investment adviser (RIA) mergers and acquisitions transaction report, which found there were 109 deals in 2010.   

Stifel Nicolaus' equity research will now be available to National Financial broker/dealers (B/Ds) via Streetscape, the online brokerage workstation.  

Bank of America Merrill Lynch’s quarterly “401(k) Contribution Activities Scorecard” shows plan sponsor adoption and participant utilization of advice services continued to grow in 2010. 

Fidelity Investments is hosting nation-wide events for the next 30-days, in which it hopes to help near-retirees and those already in retirement switch their focus from savings to...

MGM Resorts International said it will immediately resume matching payments to eligible employees participating in the firm's 401(k) Savings Plan for 2011.

The Dow Jones industrial average closed above 12,000 yesterday, the first time it has closed that high since June 19, 2008.

The Senate Health, Education, Labor and Pensions (HELP) Committee scheduled a hearing for Thursday to discuss “what can be done to help Americans save more for retirement.”