News

The Internal Revenue Service (IRS) has put out a reminder that low- and moderate-income workers may be eligible for the saver’s credit for their contributions to an IRA...

Sentinel Investments, the investment management arm of National Life Group, and Citizens Advisers, Inc., the investment adviser to Citizens Funds, have agreed that Sentinel will acquire substantially all...

Japanese investors will get a whole new savings incentive next week, when TOMY Co. Ltd. rolls out a unique piggy bank; the “Savings Bomb.″

The Financial Industry Regulatory Authority (FINRA) has launched a broad-based advertising campaign aimed designed to drive Baby Boomer investors to the financial tools and educational resources available on...

Jim Drury, the founder, Chairman, and CEO of BenefitStreet, has left the firm.

Incorporating a fixed income annuity in a retirement income account yields greater long-term wealth for an investor, and more income security, than a portfolio of equity and bond...

The nation’s regulatory and legislative bodies continue to be a beehive of retirement plan-related activity, which is expected to continue through the 2008 presidential election cycle and into...

Last week, as I was surfing the Web, I stumbled across an article titled “Time for Employers to Cut Cord to 401(k) Plans.″

While the Securities and Exchange Commission (SEC) is actively considering changes to Rule 12b-1, most of the comments on the subject appear to be opposed to change.

Nearly half (47%) of small business owners who do not currently offer a 401(k) said they never intend to offer one, according to a recent survey.

The Standard has announced the appointment of regional pension managers for the Midwest and Houston regions.

JPMorgan today announced the introduction of its Corporate Emerging Markets Bond Index.

Merrill Lynch has introduced the Merrill Lynch Global Emerging Markets Foreign Exchange Index, designed to provide a representation of global emerging markets foreign exchange that is both sound...

Sandy McCarthy, CitiStreet president of Retirement Services, has been named president of the company, it was announced today.

A participant in the Wells Fargo&Company 401(k) Plan has sued the financial services company and a number of its executives over allegations the plan improperly did million of...

The Principal Financial Group has a new tool that makes financial liability forecasting for Employee Stock Ownership Plans (ESOPs) easier and more efficient.

John Hancock Annuities has announced a new distribution partnership with retail brokerage firm Edward Jones through which John Hancock annuity products are expected to become available for distribution...

John Hancock now offers a program designed to help 401(k) plan advisers capture and retain rollover assets when participants leave 401(k) plans.

A U.S. hedge fund run by a former UBS AG broker is facing fraud claims in an arbitration complaint filed by investors.

Target Date Analytics (TDA) has launched a new Web site that benchmarks target date lifecycle funds.