News

The federal court system will hear a case challenging Pennsylvania’s mandatory retirement age for judges.

The San Diego County district attorney convicted a financial planner for his part in a $4 million retirement fund scheme.

A pension fund is leading a class-action lawsuit against NYSE Euronext.

The City of Seattle is moving to divest from fossil fuels following a roundtable discussion with environmental activist and 350.org founder Bill McKibben.  

Interest in annuities is growing as consumers demand guaranteed lifetime income in the face of challenging economic conditions, according to a report.

Shifting sales strategies cause asset managers to focus on value-add programs, research found.

The 2012 “risk bullies” caused investors to leave equity funds, creating double trouble.

Since the 404(a)(5) disclosure regulation went into effect in August, sources say they have seen little response from participants.

An omission from a retirement plan’s summary plan description (SPD) does not entitle a widow to a greater spousal benefit, a court found.

Plan sponsors can use behavioral economics to educate employees about saving for retirement.  

An analysis of 401(k) accounts for 2011 shows more balanced investments.

Of concern is whether individuals’ ability to make good financial decisions will deteriorate as they age.

Assets in 529 savings plans were an estimated $163.7 billion as of the third quarter of 2012, according to Financial Research Corporation.

Plan sponsors can avoid paying hidden provider costs by asking detailed questions.

Total U.S. retirement assets reached $19.4 trillion in third-quarter 2012, according to the Investment Company Institute (ICI).  

Gemini Fund Services LLC and Arrow Investment Advisors LLC have teamed to launch the Northern Lights ETF Trust.

National Financial Partners Corp. said it would begin providing resources for advisers to gain certification from the Centre for Fiduciary Excellence (CEFEX).

About 40% more people are planning holiday travel this year, according to a survey from an online travel comparison site.

Supplemental, non-qualified retirement plans are important for executives earning more than $125K annually.

The Principal Financial Group created a website designed to make it easier for third-party administrators (TPAs) to manage client retirement plans online.