News

There is a sizable gap between preretiree expectations and the actual age of individuals leaving the U.S. work force, a new survey shows.

Retirement plan advisers can get their fiduciary responsibility questions answered during a Department of Labor (DOL) seminar in New York City.

State Street Global Exchange expanded participation in the Wilshire Trust Universe Comparison Service (TUCS).

Community Bank System, Inc., through its subsidiary Benefit Plans Administrative Services, Inc. (BPAS), reached an agreement to acquire an actuarial and consulting practice from EBS-RMSCO, Inc.

The Towers Watson Pension Index reached a five-year high during November.

A research brief from Russell Investments finds that funding levels for pension plans improved significantly in the last year.

Nearly one in four U.S. households age 50 to 59 wants more investment advice—and is willing to pay for it.

A federal court order appointed an independent fiduciary for a Holtsville, New York retirement plan.

Asset management firm MFS launched two mutual funds designed to provide equity exposure with less overall volatility.

The Department of Labor (DOL) has released informational copies of the new Form 5500.

Customization is of growing interest to those adding target-date funds (TDFs) to retirement plan investment lineups.

Transamerica Retirement Solutions released a new mobile application that allows plan advisers and financial consultants to directly compare retirement plans.

Investment and consulting solutions provider AssetMark released a business assessment tool to help advisers measure practice values and identify growth opportunities.

The trend of auto-enrolling employees into defined contribution plans is accelerating.

A new report finds that more employers are institutionalizing their 401(k) investments lineups.

Twenty TIAA-CREF mutual funds are now available through the Merrill Lynch Wealth Management and Merrill Edge investment platforms.

Investors can expect more broad-based and self-sustaining recovery next year as economic conditions in the U.S. and Europe continue to improve, new analysis shows.

Who’s the most annoying driver? Over a third of people surveyed say it’s their nearest and dearest.

Both defined benefit (DB) and defined contribution (DC) plans can benefit from outsourcing chief investment officer functions, says Debra Woida, delegated investment services head at Towers Watson.

A new survey finds that most employees consider retirement income projections helpful.