News

A California court set aside a suit by a financial planner alleging that American International Group Inc’s risky business harmed her clients, Dow Jones reported.

Salt Lake City-based Intermountain Healthcare will resume and increase its contributions to employee 401(k) retirement savings plans next month, but the company is ending part of its traditional...

Still cautious about a slow U.S. economic recovery, package shipper FedEx Corp. announced it would reinstate half of its 401(k) match as well as its merit salary increase...

Chicago wealth management firm Brewer Investment Group has tapped Michael Anthony Campo as senior vice president, Retirement Markets, effective immediately.

Wells Fargo’s Institutional Retirement and Trust division is offering retirement plan participants institutionally priced annuities on the Hueler Income Solutions platform.

Could Americans have learned their lesson about saving versus spending?

The Hartford Mutual Funds renamed its Global Equity Fund as The Hartford Global Research Fund.

Morgan Stanley Investment Management (MSIM) has announced the launch of the Morgan Stanley Emerging Manager Program (EM Program).

The Securities and Exchange Commission (SEC) has adopted Bernard Madoff-inspired rules that make it more difficult for investment advisers to custody their clients’ assets.

State Street Global Advisors (SSgA), the investment management business of State Street Corporation, announced that the SPDR Barclays Capital Short Term Corporate Bond ETF (SCPB) began trading on...

The number of employers planning to offer annuities to participants in their defined contribution plans is expected to grow, according to a survey by Watson Wyatt.

Brian Moynihan will take over as Bank of America’s (BofA) CEO and president following the retirement of Kenneth Lewis on December 31, the company announced.

Prudential Financial, Inc., announced that it will rename its mutual fund family, JennisonDryden, to Prudential Investments.

The next time you see a bad driver on the road, you could blame genetics, recent research suggests.

New research from the Sun Life Financial Unretirement Index revealed that more working Americans seek financial advice from family members and friends than from financial advisers, the media,...