News

A recent report reveals the amount pensions of S&P 500 companies were underfunded in 2012 reached a record.

Where there’s pain, there’s opportunity. And there are few parts of the retirement world experiencing as much pain right now as the $2.6 trillion (per Investment Company Institute...

Some practices can trip up plan providers and make them susceptible to Department of Labor (DOL) investigations, but there is some negotiating that can be done.

Physicians responding to a survey reported gaps in personal financial knowledge.

The Institutional Retirement Income Council submitted a letter to the Department of Labor, recommending that lifetime income illustrations and projections be mandated on participant statements.

 Matthew Hutcheson, the former trustee and fiduciary of a pension plan, was sentenced to more than 17 years and ordered to pay more than $5.3 million in restitution. 

Claims brought against John Hancock Life Insurance Company by retirement plan participants have been dismissed.

One-third (33%) of those polled, who are already in retirement, confirmed they are experiencing a lower standard of living than during their working years, based on their monthly...

An analysis from New York Life Retirement Plan Services shows 401(k) plan participants who take out loans have lower savings rates.

Vested Interest now offers a mobile application for participants to access their plan account from anywhere.

An analysis of defined contribution (DC) participant data by the Investment Company Institute (ICI) indicates employees are continuing to save for retirement.

American Century Investments has added a new retirement plan share class to many of its most popular mutual funds, as well as 10 new target-date funds.

The Illinois-based DATAIR Employee Benefit Systems, Inc., has released a new suite of software, training and support services for consultants and administrators of 401(k) plans.

Elaina S. Spilove has been hired by UBS Financial Services as a senior institutional consultant.

Use of trainers is on the rise, and fitness is for everyone, from dieters to kindergarten kids to retirees, according to a survey.

The asset manager hopes to help preretirees meet their goals with a suite of indexes, calculators and assessment tools.

A federal appeals court reversed a district court ruling that a private equity firm is not liable for the pension debt of one of the companies in which...

BB&T Retirement and Institutional Services has hired Brett Wells and William “Bill” K. Griggs as business development officers.

The SPARK Institute said it supports guidance that will encourage retirement plan sponsors and service providers to voluntarily furnish lifetime income illustrations to participants.

Thone Gdovin, Sam Moyn and Jeffrey Smith, investment professionals at Great-West Financial, have been given portfolio manager roles.