News

ING launched RetireWithING.com to help people make informed decisions about retirement, while allowing them to consult with a retirement professional if they want personal guidance.

The “presumption of prudence” standard has prevailed again, ruling in favor of the employer in a case where participants claimed a breach of fiduciary duty occurred. 

A federal judge in Kentucky ruled that cash balance plan participants waited too long before filing amended legal claims challenging their plan's whipsaw lump-sum distribution method.

We had wrapped up a very successful half-day adviser event ahead of our annual Awards for Excellence dinner last week.   

Federal agencies are seeking public comment on a proposed rule that would require sponsors of asset-backed securities (ABS) to retain at least 5% of the credit risk of...

Bank of America Global Wealth & Investment Management (GWIM) president Sallie Krawcheck hosted a discussion on how the crises in Japan and the Middle East may affect investors...

Research firm Dorsey Wright & Associates has written a report, “Guggenheim Funds UIT Report;” the first Unit Investment Trust (UIT) resource of many Guggenheim and Dorsey Wright plan to...

An average 22% of eligible participants participated in state and local government plans during 2010, down from 29% a year before, according to a report.

A Financial Literacy Center research paper found that one in ten plan loans results in a default, and eight of ten workers who leave a job with a...

The annual Fidelity Investments estimate of the retirement health-care costs for a 65-year-old couple fell by 8%, driven by Medicare changes in the health reform law.

A bias lawsuit by black financial advisers accusing Merrill Lynch of discrimination has been thrown out.

AllianceBernstein has announced that Craig Lombardi has joined the firm as Managing Director—Defined Contribution Investment-Only (DCIO) Sales. 

New findings from the Employee Benefit Research Institute (EBRI) suggest that lower-income workers are more likely to reduce their deferral rate if the tax break for contributions to...

BlackRock, Inc. announced that Edwin Conway will join the company as Managing Director and Head of its U.S. & Canada Institutional business within the Global Client Group.

Alliance Benefit Group (ABG) has added Ingham Retirement Group to its national network.