News

Baring Asset Management added two new hires to its executive sales and client service staff.

Almost half of investors say they need investment advice, want an adviser they can trust and do not understand how the compensation works, according to Cerulli Associates.

Millennium Trust Company is offering an automated e-signature capability for its service agreement process.

A study by the National Association for Retirement Plan Participants (NARPP) finds a low level of financial literacy among retirement plan participants.

Sponsors of both defined benefit (DB) and defined contribution (DC) retirement plans will need to review plan documents to ensure the definition of “spouse” conforms to current federal...

Jon Chambers and Tina Chambers joined SageView in the roles of managing director and senior retirement plan consultant, respectively.

Adam Craig joined INTECH Investment Management as a managing director of consultant relations.

Credit unions providing a 401(k) program to 100 employees or more can save money and streamline their administrative tasks by joining a new multiple employer plan (MEP) administered...

Strong global equity market performance and higher liability discount rates worked wonders on the funded status of S&P 500 Index companies during 2013, says Wilshire Consulting.

The most effective way to increase participation in retirement plans is to provide all workers with access to one and automatically enroll them, a research report suggests.

Without admitting any wrongdoing, ING Life Insurance and Annuity Co. has agreed to settle a lawsuit claiming it violated prohibited transaction rules of the Employee Retirement Income Security...

Kimberly Mustin joined BNY Mellon Investment Management as head of North American distribution.

Employees who invest in target-date funds (TDFs) through their employer-sponsored defined contribution (DC) plan feel more confident about meeting retirement goals, says a new study.

A coalition of advocacy groups representing U.S. retirement plan service providers filed a detailed comment letter with the federal Office of Management and Budget (OMB) leveling technical challenges...

Generation Y and Millennial workers are taking responsible actions for their financial future.

The Retirement Services Division of Massachusetts Mutual Life Insurance Company announced changes to its senior management team.

More multiemployer pension plans have a favorable projected funding status for 2014.

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).