News

Kaplan Financial, a provider of education and compliance solutions, has developed a new course offering for brokerage and investment firms to certify the credibility of their sales people...

Santa Claus is coming to town – for about 34 microseconds.

Boeing Co. employees suing the aviation manufacturer over excessive 401(k) fees have added a trio of allegations, including that the plan improperly offered more expensive and lower performing...

Money managers have not let the credit concerns or a slowing U.S. economy shake their optimism for the 2008 market, according to Russell Investment’s quarterly survey of investment...

TIAA-CREF announced the upcoming launch of an online community for participants to discuss their retirement-related interests, experiences, and concerns.

The Principal Financial Group has agreed to acquire Retirement Consulting Actuaries, Inc. (RCA).

Claymore Securities, Inc has launched the Claymore/AlphaShares China Real Estate ETF on the New York Stock Exchange Arca, Inc.

A New York law firm has filed a lawsuit against Morgan Stanley and its 401(k) plan fiduciaries charging that the fiduciaries improperly allowed participants to continue investing in...

Ellyn A. McColgan, who left Fidelity Investments abruptly this summer, has been named president and chief operating officer of Morgan Stanley’s global wealth-management group.

The U.S. Department of Labor (DoL) has proposed a regulation for assessing civil penalties against plan administrators who fail to disclose certain documents to participants, beneficiaries, and others...

Great-West Retirement Services has introduced a new non-qualified savings plan to help small business owners and their executives accumulate retirement savings above the limitations of qualified retirement plans.

Matrix Financial Solutions, a provider of back-office, trust, custody, trading, and mutual fund settlement services for financial institutions, has acquired ICC Plan Solutions, a provider of communication materials...

CitiStreet has announced plans for PlanFIRST, a new Web site around which its lineup of fiduciary services will be organized.

The Pension Benefit Guaranty Corporation (PBGC) has published final regulations on premium rates and payment of premiums mandated by provisions of the Deficit Reduction Act of 2005 and...

Batterymarch Financial Management, a Boston-based institutional equity manager, has launched a U.S. large capitalization value equity portfolio.

When asked what issues would have the most significant impact on businesses in 2008, advisers are most concerned about market performance/volatility (58%), retiring Boomers (54%), and the real...

I went to see “I Am Legend″ over the weekend.

I went to see “I Am Legend″ over the weekend.

Senator Tom Harkin (D-Iowa) and Senator Herb Kohl (D-Wisconsin) introduced legislation on Thursday designed to protect American workers by ensuring they can access information on the cost of...

Americans' retirement savings grew in the second quarter of 2007 to $17.4 trillion, according to the latest Investment Company Institute (ICI) data.