News

Federal government workers show greater signs of financial health than the rest of the country’s workforce, according to the latest Gallup Healthways Well-Being Index survey.

The U.S. Supreme Court may take up important fiduciary liability questions related to a “reverse stock-drop” case leveled against a major tobacco producer.

To help plan sponsors with fiduciary duties and day-to-day administrative tasks, BB&T Retirement and Institutional Services has created 3(16) Alliance Services.

DuPont Capital Management hired William Smith, Jr., as principal, business development, and Paul Leahy as head of relationship management.

Northern Trust has enhanced its services for defined contribution sponsors and advisers to help them more efficiently manage their custom target-date funds.

Principal Global Investors has hired Paul Kim to launch and lead the firm’s ETF business.

An updated Allianz LoveFamilyMoney Study finds women are discussing money more openly than in the past, but they still have unequal influence on family finances compared with men.

Investors say central clearing has reduced systemic risk in the derivatives market, and there is an increasing interest in futures.

More than half of Millennials (63%) started saving for retirement before age 25, but less than one-third are saving enough, according to a survey.

Updated training and networking capabilities offered through Social Security Timing, the Social Security software, help advisers sharpen their expertise in creating retirement income strategies for clients.

Participants in defined contribution plans did little to rebalance their portfolios in February.

Charles Schwab launched an automated investment advisory service, Schwab Intelligent Portfolios, aimed at simplifying client portfolio maintenance.

Assuming all retirement portfolios will be spent down by the time of the owner’s death leaves some investors with less-than-optimal advice, one investment expert warns.

Sibson Consulting has created a DC Plan Scorecard that provides a framework for reviewing all aspects of defined contribution (DC) plans.

The Department of Labor’s Employee Benefits Security Administration is holding a Voluntary Fiduciary Correction Program webinar in March.

A recent Legg Mason survey finds affluent U.S. investors predict their average net retirement expenses could top $2.5 million without significant lifestyle changes.

Seven in 10 U.S. investors with more than $100,000 in accumulated assets said they are not confident or are unsure they will have enough saved to fund a...

A bipartisan group of U.S. House members penned an open letter to the Department of Labor that demands more detail be shared about the ongoing fiduciary redefinition effort.

Scott Kaplan has been named head of the pension risk transfer business team at Prudential Retirement, effective immediately.

An expanded advisory practice management program from OneAmerica offers strategies in areas such as sales and marketing, branding, human resources (HR), client services and operations.