News

TRA Expands Mid-Atlantic Sales Consultant Team; Putnam Hires Consultant Relations Director; FinMason Collaborates with the Fintech Sandbox; and more.

However, the Disability Fund depletion date has improved by five years, through 2028.

FICO's latest consumer finance trend research finds only a third of consumers between ages 38 and 52 are confident they will reach their long-term financial goals.

The bill would implement a voluntary retirement program for businesses with 50 or fewer employees.

Charles Schwab Adds More Commission-Free ETFs; John Hancock Continues Reducing Mutual Fund Fees; Rise Financial Opens its Doors for Socially Responsible Investing; and more. 

To do so, they are making financial sacrifices.

The new platform by dailyVest allows plan sponsors to measure plan health and meet fiduciary responsibilities.

A Department of Labor investigation found evidence that $5 million, including retirement plan assets covered by ERISA, was inappropriately diverted and used to pay various business and personal...

New research from Northern Trust finds its largest plan sponsor clients have broadly embraced collective investment trusts, and more than half now use custom TDFs.

The ERISA plan invested roughly $1.9 million of plan assets from July 2010 through December 2011 in the investment company, Midwest Green Resources.

The complaint alleges fiduciary breaches of ERISA with regards to MFS offering its proprietary funds in its 401(k) plans.

Owners of health savings accounts (HSAs) are primarily using them for immediate needs, EBRI finds.

A lawsuit filed by UBS against a number of former brokers—accused of too aggressively soliciting old clients immediately after going independent—shows plan participants aren’t the only source of...

The new tool is said to provide a detailed analysis for 404a5 participant fee disclosure documents and other extensive forms. 

As TIAA’s CEO for Institutional Financial Services reflects on the firm’s upcoming centennial anniversary, he’s confident Andrew Carnegie would be proud of where the company and its industry...

HealthSavings Administrators, which created the guide with the help of an attorney, says its emphasis is on helping employees understand the value of HSAs as part of a comprehensive...

The case accused American Airlines of including affiliated funds in its retirement plan investment lineup though they were more expensive and lower-performing than other funds.

Those who are progressing with their goals are more likely to have a retirement plan, life insurance and at least one investment account, Lincoln found in a survey.

As with similar lawsuits, the one against Brown University attacks the traditional 403(b) plan model.

The companies hope to enable financial advisers to access retirement planning and wealth management tools on a single platform.