News

In a business notorious for change, it nonetheless seems fair to say that the past twelve months have been extraordinary ones indeed for financial advisers.

In a business notorious for change, it nonetheless seems fair to say that the past twelve months have been extraordinary ones indeed for financial advisers.

Employees who have cashed out of their employer-sponsored retirement plans but still want to bring fiduciary breach suits seem to be getting some judiciary backing, with another federal...

Participants in two Principal Financial Group 401(k) plans have sued the Des Moines, Iowa-based plan provider, alleging it fraudulently convinced them to roll over their balances into a...

Newkirk, a provider of communication solutions for retirement plan providers, has finalized an education package to help providers educate their clients on the new final 403(b) regulations.

American investors are more worried about losing money on their investments and saving for retirement than they are about losing their job, buying a house or paying for...

The state of Missouri will begin offering an actively managed “terror-free” investment option for its 529 plan that ensures participants’ and investors’ portfolios exclude companies with ties to...

Principal Funds is ramping up its investment only (IO) strategy aimed at third-party platforms.

The American Stock Exchange (Amex) has launched trading in two new exchange-traded funds (ETFs) issued by First Trust Advisors L.P. - the First Trust FTSE EPRA/NAREIT Global Real...

Over half (53%) of pre-retirees indicated they are concerned about outliving their retirement savings, according to the Fidelity Research Institute.

Employers who have turned to auto enrollment to boost 401(k) participation should not rely too heavily on their company match to help keep employees from opting out.

Janus Capital Group Inc. has announced that Scott Schoelzel, portfolio manager of Janus Twenty Fund, will leave the firm at the end of 2007.

When communicating with retiring employees to review their retirement benefits, half of plan sponsors surveyed use a one-on-one meeting with a financial professional.

The Treasury Department and Internal Revenue Service (IRS) have issued proposed regulations providing guidance on changes made by the Pension Protection Act of 2006 (PPA) regarding the use...

Charles Schwab has announced the hiring of Tony Cox, a new senior executive to help lead the Schwab Corporate&Retirement Services division.

MassMutual's Retirement Services Division will introduce a Fiduciary Warranty, available in the fourth quarter of 2007, to qualifying plans that include investment options available through MassMutual's Smart Architecture...

A month after suffering a $2.7-billion outflow, mutual funds ducked back into solid positive territory in July with $26.7 billion in inflows, according to data from the Financial...

An Overland Park, Kansas company is offering an online advice product for retirement plans.

While Labor Day has been celebrated as a national holiday for more than 100 years, it wasn’t easy.

Most (67%) female business owners choose financial products and services based on their relationship and experience with a lender.