News

Fidelity Investments has agreed to a settlement of two lawsuits charging it with subjecting its own 401(k) plan participants to high investment fees.

Drew McCorkle joined the Atlanta office of CAPTRUST Financial Advisors as vice president and financial adviser. 

American Century Investments appointed Glen Casey as senior vice president and global head of products.

GRQ Investment Management alleges in a new lawsuit that Financial Engines, Inc. and its subsidiary advisory firm, violated two patents related to digital investment advice and managed accounts.

Jon Prescott joined Envisage Information Systems LLC as vice president of institutional business development.

“In contrast to the accumulation stage, retirement income is very personal,” Amy Cribbs, head of Participant Experience at Vanguard in Malvern, Pennsylvania, tells PLANADVISER.

LPL Financial LLC has launched its new Worksite Financial Solutions website to help employees gain confidence in their financial future.

A federal court has found a wealth accumulation plan (WAP) offered to executives of RBC Capital Markets Corporation is a “pension plan” under the Employee Retirement Income Security...

Thirty-six percent of Americans currently contributing to an employer-sponsored retirement plan have never increased the percentage of salary they defer into retirement accounts.

LPL Financial LLC has partnered with financial technology firm Redtail Technology, Inc. to revamp LPL’s customer relationship management (CRM) platform and enhance the firm’s core technology offerings.

Automatic enrollment and deferral escalation features are quickly becoming the top tools for advancing retirement plan participant savings under the defined contribution paradigm, according to Cerulli Associates.

More than four in ten (43%) employees surveyed by Fidelity Investments say they would settle for lower pay if it meant they received a higher employer contribution to...

Analysis of public Form 5500 reporting data reveals small 401(k) plans often outperform large plans on a number of key metrics, says Judy Diamond Associates.

Retirement Revolution, a provider of retirement planning and investment platforms, has added AdviceIQ’s digital branding and database services to its suite of financial adviser tools.

Nearly three-quarters (72%) of Hispanic investors polled for a Wells Fargo survey said they wish they could learn more about investing in mutual funds, stocks and bonds.

BNY Mellon named Michael Gordon to head the firm’s new Retirement and Strategic Solutions Group, which specializes in retirement and insurance solutions that can complement traditional strategies.

Only 18% of advisers surveyed target Gen Y clients, and 57% prefer new clients with assets of more than $250,000, according to The Principal Financial Well-Being Index: Advisors. 

Pacific Life is expanding its retirement plan offerings and making it easier for financial advisers to offer mutual fund solutions for employer-sponsored 403(b)(7) plans.

A well-known 401(k) fee litigation firm has asked the U.S. Supreme Court to review key pieces of an appellate court’s decision in Tussey v. ABB, Inc.

Charles David Snyder, fiduciary to the Cleveland-based Attevo 401(k) retirement plan, has been ordered by a judge to restore $143,481.42 to the plan.