News

When a co-worker forwarded to me an e-mail about Eliot Spitzer’s alleged tie with a prostitution ring last week, I thought it was a joke.

When a co-worker forwarded to me an e-mail about Eliot Spitzer’s alleged tie with a prostitution ring last week, I thought it was a joke.

The Internal Revenue Service (IRS) has issued Announcement 2008-23, which lays out a new simplified process for obtaining determination letters for pre-approved defined contribution plans.

Plan sponsors may say they are comfortable with fee disclosure efforts as they exist now, but a new study asserts that many of them are racked with under-the-surface...

ING presented information during a Web cast on Friday that gives sponsors, and the advisers who help them, an outline of the impact of the 403(b) regulations and...

A new firm that focuses on the entrepreneurial company’s need for impartial advice on retirement planning has entered the market.

It didn’t take long for the news from Bear Stearns to draw the attention of the plaintiffs’ bar.

Monumental Life Insurance Company has introduced the Architect Rider, an optional guaranteed lifetime withdrawal benefit (GLWB), available on the no up-front sales load Advisor’s Edge Variable Annuity.

Standard&Poor’s has announced the launch of two real-time currency indices that provide investors with exposure to emerging economic superpowers that currently lack a liquid currency futures market.

Pax World Management Corp., investment adviser to Pax World Funds (Pax), and KLD Research&Analytics, Inc. (KLD), have entered into a licensing agreement wherein Pax will manage investment products...

In February, the weak stock market again led 401(k) participants to flee equity investments for fixed income funds, according to the results of the Hewitt 401(k) Index.

Many employers who have followed the trend of moving from defined benefit to defined contribution retirement benefits have also beefed up their DC offering, but it is still...

A new MassMutual study finds that plans using automatic features such as enrollment are apparently not be driving away participants with their auto deferral rates.

401(k)Advisors, with $32 billion in collective assets under advisement through its Producer Services Unit, has appointed John L. Scott to the newly created position of Managing Director for...

Effective immediately, Charles Schwab is rebating the program fee on their professionally managed mutual fund portfolios.

Conventional wisdom has long held that daylight saving time saves energy, but a new study suggests otherwise.

Research by The Phoenix Companies finds affluent households invest significantly in both mutual funds and alternatives, and half plan to change their investment allocations in the next year.

New York Life Insurance Company has launched a site for female consumers, providing them access to detailed information and organizational tools for helping meet financial goals.

Thirty-seven percent of respondents to a recent survey indicated that the rising cost of living or inflation was their greatest concern regarding their retirement.

A new research paper suggests those considering the addition of target-date funds to a retirement plan need to consider the funds’ glide path and whether the offerings should...