News

Deloitte and Penbridge Advisors have established a strategic alliance to provide sponsors of U.S. defined benefit pension plans with pension risk transfer (PRT) advisory services.

Investment consultants polled for an annual PIMCO survey voiced near-unanimous support for the use of alternative investments, especially in custom target-date and target-risk strategies.

Investment adviser Donald Gene DeWaay Jr., based in Johnston, Iowa, has paid $341,487 to 68 pension plans covered by the Employee Retirement Income Security Act (ERISA).

LPL Financial appointed long-time executive William Morrissey as managing director of independent adviser services.

A new analysis from financial research and analytics firm Cerulli Associates finds adviser migration may grow independent channels to 38% market share by 2016.

Retirement plan participants are showing strong interest in target-date strategies, but one provider says retirement investors should stick to the most conservative approaches.

Financial services provider TIAA-CREF announced an agreement to acquire Nuveen Investments, a diversified investment management company.

The Coalition to Preserve Retirement sent an open letter to Representative David Camp, R-Michigan, chairman of the House Ways and Means Committee, pushing back on certain tax reforms...

Americans are often passive about financial education and financial literacy, which can negatively impact their chances for living a comfortable retirement, a new study finds.

CUNA Mutual Retirement Solutions named eight regional sales consultants as part of the firm’s effort to expand its intermediary sales footprint.

Morrie Symson and David Mizrahi joined independent hybrid registered investment adviser (RIA) firm Washington Wealth Management (WWM).

Recent research by investment management firm Vanguard indicates trading by participants of defined contribution (DC) plans has decreased by half over the last decade.

The Pension Benefit Guaranty Corporation (PBGC) recently proposed rules about the treatment of rollovers from defined contribution (DC) plans to defined benefit plans (DB).

Aon Hewitt is partnering with financial software provider HelloWallet to bring more robust financial wellness services to its U.S. clients.

Today, the retirement plan industry is placing greater emphasis on getting participants to and through retirement successfully.

Defined contribution (DC) plans are increasingly adopting practices similar to defined benefit (DB) plans to improve participant outcomes, including automatic enrollment and “do-it-for-me” investments.

The U.S. Equal Employment Opportunity Commission (EEOC) says a Phoenix, Arizona, school district unlawfully used an early retirement incentive plan.

The seventh release of the “Adviser Insights” study from Fidelity Investments suggests financial advisers are enjoying the highest levels of compensation and assets under management since 2007.

Market conditions like those seen in 2013 benefited those plan sponsors that had not yet moved to de-risk their defined benefit (DB) plans.

March was a light trading month for defined contribution (DC) plan participants, according to Aon Hewitt’s 401(k) Index.