News

Efrain Fernandez, Antonio Lopez and Monique France have been named to the sales and distribution team of Mirae Asset Global Investments.

Published reports indicate President Obama’s 2014 budget proposal will include a cap on retirement savings.

Baby Boomers close to retirement prefer protection of their retirement savings over a risky return, a survey by Allianz Life Insurance Company of North America found.

Andrew Scherer was appointed director of defined contribution (DC) intermediary distribution for Russell Investments’ U.S. adviser-sold business.

When making a decision about plan assets, nearly half of retirees and pre-retirees (41%) consult a financial adviser, research found.

Michael Foy, Daniel Noschese and Kelly Reey have been named defined contribution investment specialists at Putnam Investments.

Vanguard has expanded the availability of its low-cost 401(k) plan service for small to midsize businesses to plan sponsors that work with third-party plan administrators (TPAs).

Robin Gantz was hired by Towers Watson as a senior consultant in its retirement risk business.

Mercer has released a list of six tips for plan sponsors that are considering a participant cash-out program for their defined benefit (DB) plans.

Enrique Chang was named chief investment officer (CIO) of equities and asset allocation at Janus Capital Group Inc.

Timothy J. Roth, a former investment adviser in Stonington, Illinois, was barred from association with any broker/dealer or adviser by the Securities and Exchange Commission (SEC).

With the right combination of plan design and automated program features, retirement plan effectiveness can often be improved within reasonable budget levels, a paper asserts.

Though a worthy idea, the target-date (TD) fund concept appears to have been implemented hastily and poorly, a paper asserts.

The Government Accountability Office (GAO) has recommended regulators take certain steps to make plan-to-plan rollovers easier for defined contribution (DC) participants.

Dan Schatz joined ING U.S.’ Retirement business April 1 to support the Large Corporate Markets’ Business Development team.

Baby Boomers’ confidence in doing a good job preparing financially for retirement has declined.

Retirees who have a positive relationship with their plan provider are more likely to keep their assets with that provider, a study found.

A registered investment adviser (RIA), Square 1 Asset Management, has been unveiled by Square 1 Bank.

VelocityShares LLC introduced three emerging market depositary receipt (DR) exchange traded funds (ETFs) on the NASDAQ. 

Almost half of employees in Maryland (49%) do not participate in an employer-sponsored retirement plan, a report found.