News

Yie-Hsin Hung has been named chief executive of New York Life Investment Management after serving as co-president of the division.

The SEC announced fraud charges against an Atlanta-based investment advisory firm and two executives accused of selling unsuitable investments to police, firefighter and transit worker pension funds.

Reforms by the SEC to modernize financial adviser disclosures remain in the early stages, but the eventual impact could be substantial for firms offering separate account services to...

Is office housework—pitching in on tasks, sweeping spills, cleaning the coffee pot—a widespread burden? And do women workers do it because they feel they have to?

Millennials are taking shape as a generation that cares about saving for retirement but is in desperate need of advice and education, a study finds.

Lincoln Financial Group’s retirement plan services business made two additions to its institutional retirement distribution team focused on the government plans market.

A review of Northwestern Mutual’s 2015 Planning and Progress Study data shows Generation X has the poorest financial habits of all generations in the survey.

The Securities and Exchange Commission (SEC) took a big step Wednesday towards modernizing the reporting and disclosure practices of registered investment advisers and fund companies, voting to propose...

Wilshire Associates announced the launch of the “Powered by Wilshire” solution, allowing investment advisers and managers to merge their own index methodology with Wilshire’s index calculation engine and...

Net new flows to stock and bond funds totaled $28 billion in April, according to Strategic Insight, an Asset International company.

Educated participants have higher levels of trust, higher savings rates and greater use of retirement planning tools, NARPP finds in a report.

Jesse Gelsomini, a partner in Haynes and Boone LLP specializing in employee benefits, feels the Supreme Court decision in Tibble v. Edison has strengthened the ongoing duty to monitor...

A new savings plan option for employees of small businesses will be available in 2017 through a retirement marketplace being set up in the state of Washington.

An annual study from Judy Diamond Associates, ALM’s retirement plan intelligence provider, shows 54,493 401(k) plans failed their 2013 Internal Revenue Service (IRS) nondiscrimination tests.

The comment period for the fiduciary proposal is being stretched out for another 15 days, the Department of Labor (DOL) said in a statement.

SageView Advisory Group has hired Kerrie Casey to deliver retirement planning services from within its Boston practice.

A decision from the Supreme Court of the United States seems to solidify the “ongoing duty to monitor” investments as a fiduciary duty that is separate and distinct...

Investors want an adviser relationship that is personal, engaged and informative, says a survey by Hartford Funds.

Bond exchange-traded funds are taking on an increasingly vital role in institutional portfolios as regulations have forced global bond dealers to reduce their inventories and market-making activities.

A new paper from the Defined Contribution Institutional Investment Association outlines best practices for promoting retirement readiness in the defined contribution plan context.