News

I’m old enough to have been a driver (albeit a young one) the last time we had a “real″ gas crisis.

The GAO says plan service providers—including advisers—should better disclose fiduciary and fee agreements.

The Securities and Exchange Commission (SEC) said Wachovia agreed to a preliminary settlement of $9 billion.

In a Nationwide case, a judge rules that fiduciaries can bring contribution and indemnification claims against co-fiduciaries under ERISA.

JPMorgan and Morgan Stanley settled lawsuits Thursday, while UBS was slapped with another one from New Hampshire regulators.

The Internal Revenue Service (IRS) released an in-depth rewrite of its correction programs for retirement plan sponsors who have not complied with tax laws for a period of...

Principal Funds said its new tool aids financial professionals in designing an effective wealth transfer strategy for clients.

Defined benefit (DB) retirement plans are a less costly benefit for employers than a defined contribution (DC) plan, according to research from the National Institute on Retirement Security...

Zacks Investment Management, a Chicago-based registered investment adviser (RIA), has expanded its separately managed account (SMA) offering to the mid-size retirement plan market.

Ascensus launched SingleSource Select, designed to simplify the consulting process for retirement plan advisers.

More than four out of 10 households statistically at risk for not having a large enough retirement nest egg—and who will be in serious trouble when health care...

Fidelity says its participants are more inclined to save amid current market woes.

Old Mutual Capital has announced the launch of Old Mutual Global Funds, a suite of eleven offshore funds available to non-U.S. investors.

Ameriprise Financial, Inc. today announced the acquisition of H&R Block Financial Advisers and named Donald Froude the president of the U.S. Advisor Group.

A federal judge today granted final approval to Citigroup Inc.'s $33 million settlement to resolve a gender bias lawsuit against its Smith Barney unit, Reuters reports.

Fifth Third Bancorp has joined the ranks of plan sponsors hit with a participant stock-drop lawsuit.

ING Advisors Network announced a series of organizational changes at the network level, including a number of promotions.

The August Merrill Lynch survey of fund managers says inflation fears have all but evaporated.

Ibbotson Associates was selected by ING Financial Advisers, LLC, to create a family of active exchange-traded fund (ETF) model portfolios that change allocation to take advantage of price...

Advisor Software Inc. introduced a Web-based institutional Monte Carlo simulator, ASI Portfolio Forecaster, the company said.