News

Internal Revenue Bulletin 2008-1 provides updates and restatements of eight IRS revenue procedures that govern letter rulings, information letters, determination letters, and other guidance regarding employee plans.

An analysis of about 50 plans in Vanguard’s recordkeeping system that have adopted automatic enrollment suggests it does improve participation rates, but deferral rates for those using automatic...

Recordkeeper Ascensus (formerly BISYS Retirement Services) has been selected to provide recordkeeping and administrative services for SEI’s retirement plan offerings.

New research from Fidelity Investments suggests employees of non-profit organizations are not taking full advantage of their workplace retirement plan resources.

Fidelity has made significant changes to its Adviser 401(k) platform, including introducing a new custom pricing schedule.

Diamond Portfolio Advisors, LLC, an institutional money manager, has launched a mutual fund based on its track record in managing high quality growth stocks.

Democrats are frequently characterized as “tax and spend″ by those on the other side of the political spectrum.

New research from the Center for Retirement Research at Boston College (CRR) suggests the change in the retirement landscape from predominately defined benefit plans to mostly defined contribution...

Mutual fund net sales will trend up by 2% annually, but investors will have to look elsewhere for the real significant growth, according to a new study.

Taking what he calls a “cautiously optimistic view for 2008,″ Bob Doll, Vice Chairman and Chief Investment Officer of Global Equities at BlackRock, Inc., predicts that the U.S....

The board of directors of PMFM, Inc., an Athens, Georgia-based registered investment adviser, has tapped Judson P. Doherty as president, effective immediately.

CAPTRUST Financial Advisors has announced that Beryl Ball has joined the advisory and research firm.

Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation, has launched the Exchange-Traded Funds (ETF) Center to provide its introducing broker/dealer and independent registered investment...

Standard&Poor’s has launched the S&P 500 Inverse Index, designed to provide investors with the inverse performance of the S&P 500.

Executive Vice President Elaine Sarsynski, currently Chairman, President and CEO of MassMutual International LLC, will assume additional responsibilities as head of the Retirement Services Division.

How much money does it take to be considered rich?

Standard&Poor’s has launched a new investable index seeking exposure to environmentally responsible investment strategies.

Federated Investors has launched Federated Kaufmann Large Cap Fund, an equity fund that seeks to provide capital appreciation by investing in the securities of large companies.

Four investment industry veterans have hung out a new shingle as Agility Asset Management, LLC.

Dave Liebrock, formerly executive vice president, retirement, at Fidelity Investments Institutional Services, Co., has left the firm to become a financial adviser with CAPTRUST Financial Advisors.