News

Nearly all institutional plans showed positive returns for the third quarter, while 12-month returns hit double digits, Wilshire found.

A federal bankruptcy court has approved an agreement between Kodak and retirees to end other post-employment benefits (OPEB).

The Department of Labor (DOL) stated its position regarding whether a purchase or sale of a single property by a pension trust violates ERISA.

The National Retirement Risk Index (NRRI) shows that more than half of households may be unable to maintain their standard of living in retirement.

The Schwab Advisor Center iPad application gives advisers access to client data, such as balances, positions and transactions.

National Life Group launched SecurePlus VIP (Value and Income Plan) for the 401(k) market.

A lack of education may be impeding adviser usage of traditional alternatives.

 Linking technology to business needs is essential for true integration, yet many advisers still struggle with identifying a fully integrated solution.     

U.S. corporate pension plan funding decreased in October, erasing September gains.

Envestnet and Symetra Investment Services (SIS) have partnered on an analytic, reporting and practice management solution.

A court has found that a plan fiduciary cannot discharge debt owed to the plan because of Employee Retirement Income Security Act (ERISA) violations.

Amy Mathis has joined Calvert Investments as director of relationship management.

BlackRock Inc. expanded its iShares exchange-traded funds (ETFs) business, adding seven portfolio options to the iShares 529 Plan. 

Alan Goldfarb, chairman of the board for the Certified Financial Planner Board of Standards, resigned his post effective immediately.

Slow economic recovery and tax increases could create new problems for  Baby Boomers saving for retirement. 

MFS Investment Management added five funds to its Lifetime Funds target-date suite, now offering funds in five-year increments through 2055. 

Plan advisers are, for the most part, satisfied with their current providers. 

A recommendation from the American Society of Pension Professionals & Actuaries (ASPPA) would avoid inadvertent deactivation of a retirement plan trust’s EIN. 

The Department of Labor (DOL) does not only investigate retirement plans, it also investigates service providers.

Misconceptions about liability-driven investing (LDI) prevent many investors from implementing this strategy.