News

The ClearDirection 401(k), introduced by CUNA Mutual Group, offers support for plan advisers such as optional co-fiduciary options and an open architecture design. 

403(b) plan sponsors continue to make changes to improve the value of their plans and the retirement readiness of participants, according to the latest benchmarking survey.

Investment returns in defined benefit (DB) retirement plans outperformed those in defined contribution (DC) plans in 2011 by the widest margin since the mid-1990s, according to a new...

Unified Trust Company hired Andrew Windsor as a retirement investment analyst.

The American Society of Pension Professionals & Actuaries (ASPPA) filed a comment letter with the Internal Revenue Service about in-plan Roth conversions.

Frances P. LaFleur joined Drinker Biddle & Reath LLP as a partner in the firm’s Employee Benefits and Executive Compensation Practice Group.

The Merrill Lynch Advisor Alliance program at Lincoln Financial Group has been expanded to include a group variable annuity and an enhanced net asset value-based program. 

Plan sponsors are increasingly adopting features to help overcome participant inertia, a survey found.

Mercer named Sabrina Bailey a principal in its Seattle Investments business.

T. Rowe Price International Ltd named Arif Husain head of international fixed income.

Jefferson National added seven funds designed to meet the needs of registered investment advisers (RIAs) and fee-based advisers. 

The average retirement age today is four years older than it was in 1991, according to Gallup’s annual “Economy and Personal Finance” survey.

Early Boomers, born between 1946 and 1955, may be the last group with enough savings to maintain financial security through their retirement, according to a study.

On top of the fine from the Financial Industry Regulatory Authority (FINRA), LPL Financial LLC was ordered to establish a $1.5 million fund for customers affected by email...

Douglas W. Hammond, president and chief operating officer, has been named chief executive of National Financial Partners Corp.

Congressmen have introduced a bill to modify the definition of fiduciary under the Employee Retirement Income Security Act (ERISA).

Defined contribution (DC) in-plan guarantee assets totaled $2.2 billion as of December 2012, according to a new LIMRA survey.

Judd A. Gregg, a former three-term senator, was appointed chief executive officer of the Securities Industry and Financial Markets Association (SIFMA).

Retirement savings, health issues and their children’s finances are concerns for women; while men worry about debt, both household and the national level.

Morningstar, Inc. expanded its equity coverage with the introduction of quantitative ratings and reports for approximately 28,000 companies globally.