News

CUNA Mutual Group hired Paul Chong as senior vice president of Retirement Plan Services.

Northwestern Mutual is hosting a webcast designed to shatter the top five retirement planning myths.

Genworth Financial Wealth Management Inc. published a book for financial advisers.

Mark Jones joined SunTrust Banks Inc. as director of sales and client service for its institutional 401(k) business.

Merrill Edge introduced Face Retirement, a social tool enabling users to see how they will look years down the line.

The Dietrich Pension Risk Transfer Index increased from its prior month level of 84.92 to 86.71 as of February 1, 2013.   

Matt Wilcox joined Pentegra Retirement Services as a regional director for the supplemental benefits and bank-owned life insurance (BOLI) business.

The recently published book, “Transform Tomorrow: Awakening the Super Saver in Pursuit of Retirement Readiness,” focuses on the need for Americans to save more for retirement.

More than half of Generation X and Generation Y consumers admit having little or no knowledge about investments and financial products, according to a LIMRA survey.

Reliance Trust Co. added Robert Thomann and David H. Williams to its Retirement Strategies group.

An analysis of 401(k) plans administered by Fidelity Investments shows the average participant balance increased to another record high by the end of 2012.

A question for providers of guaranteed minimum withdrawal benefit (GMWB) products is whether (and how) the qualified joint and survivor annuity (QJSA) rules of the Internal Revenue Code...

If you’ve ever sparked a romance with an officemate, take heart—you're not alone.

Couples may share love and commitment—but they don’t seem to share ideas about their retirement.

The Employee Benefit Research Institute (EBRI) has answered questions posed in a recent Senate committee hearing about retirement savings.

Seth Colley joined Great-West Financial as a regional sales director for its bank markets business.

BMO added a director and relationship manager to its team.

Institutional investors continue to diversify their investment portfolios into alternative assets, according to Towers Watson.

The U.S. mutual fund industry (open- and closed-end funds, and exchange-traded funds) is set to surpass $15 trillion in assets in February, according to Strategic Insight.

More employers plan to decrease their pension risk exposure by offering participants a one-time, lump-sum pension payout in 2013.