News

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.

The assets owned by high net worth individuals (HNWI) reached $50 trillion in 2007, according to a study of the global private banking and wealth management market by...

Two new exchange-traded funds (ETFs) from ProShares offer investors short or magnified exposure to telecom stocks.

Massachusetts Mutual Life Insurance Co. (MassMutual) has unveiled a new Web site that introduces career changers, industry veterans, and college graduates to a career with MassMutual via testimony...

There’s a growing recognition that retirement plan managers are under the gun because of new legislation as well as increases in employee mobility and auto-enrollment.

Federal regulators have contended that fiduciaries may still be legally required to disclose plan fees such as revenue sharing even if such a mandate is not explicit in...

Charles Schwab has enhanced its managed account platform to assist independent investment advisers who choose to outsource functions such as money manager research and portfolio construction.