A federal judge has approved a $13.8 million revenue-sharing based settlement between a provider and the 401(k) plans it supports, but lawyers will take nearly half.
A new study suggests that many providers are effectively ignoring their own counsel about targeting products, messaging, and communication approaches to distinct demographic segments.
A Jacksonville, Florida, retirement-benefits consulting firm is facing charges it defrauded government employees through an alleged Ponzi scheme, according to the Securities and Exchange Commission.
The next target market for financial services firms should be those ages 28 to 64 who are intent on accumulating wealth for their future, which may include...
Individual account retirement plan assets are concentrated in families with higher net worth, higher family income, higher educational attainment, with older family heads, and with white non-Hispanic heads,...