Graduation Dazed?
This spring, 3.33 million students will graduate from high school, the largest class in American history.
News
Debt Impeding Retirement Savings
A new survey found that 43% of non-retirees said debt affects their ability to save for a comfortable retirement “a great deal,″ while 32% of non-retirees said debt...
New Savers Behavior Index Finds Optimism Among Affluent Investors
Affluent active savers are much more optimistic about their ability to reach their financial goals and their control level towards their finances than they are about the state...
AXA Equitable Launches Annuity for Plan Rollovers
AXA Equitable Life Insurance Company has launched a new variable annuity designed specifically as a rollover option for employees taking distributions from employer-sponsored retirement plans at Fortune 1000...
Though Strapped Financially, Most Aren’t Protecting Income
Although nearly all (95%) consumers would have to change their lifestyle if they lost part of their family’s income for three to six months, only about half reported...
Threadneedle Name Comes to U.S.
Threadneedle, a global asset manager based in London, has come to America.
Kim to Head Up NYLIM
New York Life Insurance Company says that John Y. Kim, 47, will join the company and head its investment management arm, New York Life Investment Management LLC (NYLIM).
UBS Adds Houston Office to Private Wealth Management Network
UBS Financial Services Inc. has opened a Private Wealth Management office in Houston, Texas, the eighth of such offices dedicated to serving the specialized needs of clients with...
DC Assets Surpass $10T Mark in 2007
Mostly due to gains in the financial markets, total retirement plan assets reached $15.6 trillion in 2007 - an increase of almost 9% over 2006 – according to...
Schwab Sees Roth 401(k) Takeup Rates Rising
The number of employers offering a Roth 401(k) showed a dramatic increase between 2006 and 2007, according to data released by Charles Schwab.
Pershing Adds Four Providers to Nexus Funds Solution
Pershing Limited, an affiliate of Pershing LLC and a subsidiary of The Bank of New York Mellon Corporation, announced the addition of four new mutual fund providers to...
IMHO: The Letter of the Law
An early “win″ for plan sponsors (perhaps more accurately, a win for a plan sponsor) was Hecker v. Deere&Co.
IMHO: The Letter of the Law
An early “win″ for plan sponsors (perhaps more accurately, a win for a plan sponsor) was Hecker v. Deere&Co.
ETF Assets Drop in February
Exchange-traded fund assets declined in February, but have nonetheless increased 29.1% over the past year.