News

A new study has found that asset management business models are in transition as the industry adapts to dominant investor concerns about liquidity and capital protection in a...

Last week, members of the House and Senate conference committee announced that they had reached a compromise on the new financial services reform bill.   

A federal appellate court has ruled that a summary plan description (SPD) could not unilaterally grant a benefit plan administrator the right to make benefit eligibility decisions without...

The New Mexico Educational Retirement Board has hired two law firms to represent the teachers’ pension fund in a planned lawsuit against a Dallas money management firm. 

Over the weekend, I reacquainted myself with that episode of the HBO miniseries “John Adams” titled “Independence.” 

 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. 

Another law firm has launched an “investigation” of the BP 401(k) plan – and they’re apparently looking for potential plaintiffs.

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.

Russell Investments and Research Affiliates have agreed to launch a new index series based on the Fundamental Index methodology.  

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...

President Obama has signed into law legislation providing pension funding relief for multi-employer and single employer defined benefit plans.

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,...

The House of Representatives has, by a margin of 417-to-1, passed a bill containing pension relief.