A lawsuit filed in Marshall County, West Virginia, claims public school personnel were duped into moving from the old Teachers’ Retirement System (TRS) into a new Teachers’ Defined...
A 10th U.S. Circuit Bankruptcy Appellate Panel upheld a lower court ruling that the proceeds of debtor’s rolled over benefits from an employee stock ownership plan (ESOP) are...
While recognizing a significant year-over-year uptick in defined contribution participants taking hardship withdrawals, a new Vanguard Group research report said the trend occurred in only a fraction of...
State Street Global Advisors (SSgA) launched SPDR University, a Web site offering proprietary research and educational materials about exchange-traded products (ETPs), markets, portfolio strategies, and practice management for...
Wachovia Corporation said that John Papadopulos has been named President of the Retirement and Investment Products Group (RIPG), one of three businesses within the Capital Management Group.
The National Financial Broker&Advisor Center portal provides access to more than 100 business and trading resources for brokers and advisers via the Streetscape Workstation.
Fiduciary responsibility and fee transparency are at the forefront of important issues in the 401(k) market, an informal survey of retirement plan consultants says.
Americans have no trouble admitting they are lackluster savers, but that doesn’t seem to motivate them to stock away more of their income, a new survey found.
The Financial Research Corporation (FRC), a source for information on asset inflows and outflows to mutual fund companies, said it will stop disclosing net sales information to the...
A U.S. district court rejected the attempt by an employee stock ownership plan (ESOP) participant to revive her fiduciary breach case based on the recent U.S. Supreme Court...