News

Most employees (79%) see their employers as a trustworthy source to help them grow and protect their money, according to Prudential.  

Russell has developed new research offering guidance about how plan sponsors can overcome selection ambiguity when evaluating in-plan guaranteed income solutions.

Lazard Asset Management, Edinburgh Partners Ltd. and ARGA Investment Management replace Hansberger Global Investors as sub-adviser to the Vanguard...

Mercer believes 2013 is a year for many defined contribution (DC) plan sponsors to take a fresh look at objectives, investment options and participant communications.

Janet Vreeland has been named a vice president at Burnham Benefits Insurance Services.

David Weissner was named Midwest market business leader for Mercer’s retirement business.

Jeff Cimini has joined the personal wealth and retirement leadership team at Bank of America Merrill Lynch as a managing director and head of personal retirement.

BCG Securities Inc. (BCGS), a broker/dealer and advisory firm, unveiled an adviser recruitment video.

Oppenheimer rolled out a fund, the Oppenheimer Diversified Alternatives fund, focused on nontraditional growth and income.

More than half (58%) of tax-exempt organizations surveyed offer top executives an employer-paid nonqualified retirement plan.

Investec Asset Management appointed Mel Lindsay as director of its Institutional Client Group.

Despite worries over budget gridlock and the impending deadline of the fiscal cliff, institutional investment managers surveyed were mostly staying the course.

Human resources consultant Findley Davies Inc. has acquired the assets of Columbus Retirement Administrators.

John Hancock Funds has relaunched the Turner International Growth Fund as the John Hancock International Growth Equity Fund.

David Bedard was named president of the annuities business division of ING U.S. 

Secretary of Labor Hilda L. Solis announced her resignation.

Employers who are thinking of terminating a frozen defined benefit plan (DB) must be aware of termination costs and administrative procedures.

A court has found Anheuser-Busch does not owe enhanced benefits to former employees who accepted employment with a company that bought an Anheuser-Busch subsidiary.

U.S. exchange-traded fund (ETF) assets increased by $292.7 billion or 28% in 2012.

Brad Adams has been promoted to managing director of Tortoise Capital Advisors LLC in Leawood, Kansas.