Thanksgiving has been called a “uniquely American″ holiday, and while that is perhaps something of an overstatement, it is unquestionably a special holiday, and one on which it...
The Nasdaq Stock Market, Inc. (NASDAQ) has listed five new exchange-traded funds (ETFs) sponsored by Barclays Global Investors, N.A. on its ETF Market.
The IRS has posted a sample notice to be used to notify participants about their rights and obligations under automatic enrollment and automatic contribution arrangements.
The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA), the Internal Revenue Service, and the Pension Benefit Guaranty Corp. (PBGC) announced the publication of revisions to the...
Federal securities regulators have given preliminary approval to a plan that will make prospectuses easier to understand and general improve mutual fund disclosures.
Kravitz, a consultant in the design, implementation, and management of cash balance pension plans, has introduced the Cash Balance TPA Partners Program.
AIG VALIC has unveiled Portfolio Director Ibbotson Solutions, a new service that provides certain 403(b) plan sponsors with independent, third-party expertise in the selection and oversight of their...
Morgan Stanley Global Wealth Management Group has announced enhancements to ClientServ, its online account access portal for individuals and small to mid-size businesses.
AIG SunAmerica Retirement Markets, Inc. has introduced the AIG SunAmerica Individual 401(k), including an “income for life†option for millions of eligible self-employed business owners.
The Principal Financial Group has come to terms with the state of Connecticut in connection with the sale of certain Single Premium Group Annuity and Single Premium Guaranteed...
About twice as many U.S. households own mutual funds through tax-deferred accounts – employer-sponsored retirement plans, IRAs, and variable annuities - as own funds outside such accounts, according...
Executive benefit plan providers The Newport Group and The Todd Organization on Wednesday announced a deal under which Newport will acquire Todd’s administrative services unit, Todd Consulting, Inc....
iNautix (USA) LLC, an affiliate of Pershing LLC and a unit of The Bank of New York Mellon Corporation, has launched a comprehensive suite of business consulting services...
Although the final Qualified Default Investment Alternatives (QDIAs) regulations answered many questions posed by commenters after the proposed regulations were issued, more questions are emerging concerning implementation of...
The law firm of Milberg Weiss LLP is investigating possible Employee Retirement Income Security Act (ERISA) violations by fiduciaries to The First American Corporation 401(k) Savings Plan.