News

The majority of institutional asset owners closed 2011 in positive territory, according to the Wilshire Trust Universe Comparison Service (Wilshire TUCS). 

J.P. Morgan Asset Management hired Roberts Grava as managing director in its Strategy Group. 

Now that the Department of Labor’s (DoL) regulation for 408(b)(2) has been finalized, it is important for plan advisers to understand how the final ruling impacts them.  

A growing number of New York City residents don’t have enough money to retire, according to a new study.

Eighty-four percent of polled executives responsible for 401(k) plans say only some or very few employees will be financially prepared for retirement.

Judy Diamond Associates launched its BrokerSight database, which helps subscribers identify and begin relationships with producers in the retirement market.

IRA Financial Group has launched a free, online Solo 401(k) contribution calculator.

 Fifty-four percent of Hispanics report they feel “not very” or “not at all” prepared for retirement.   

Roland|Criss published its third in a series of white papers addressing the new 408(b)(2) regulation’s specific impact on retirement plan sponsors.

The Internal Revenue Service’s (IRS) interim report of responses from its 401(k) Compliance Check Questionnaire offers a view of the 401(k) plan design landscape.

Ninety-six percent of workers who take part in individual benefits counseling sessions say they better understand their benefits as a result. 

The Internal Revenue Service (IRS)  issued two pieces of guidance to clarify how certain rules apply when a retirement plan offers an annuity to participants. 

Members of the retirement plan community were mostly positive about the final rule on 408(b)(2) fee disclosure regulations.

Segal Advisors acquired the business of Rogerscasey. 

P-Solve completed the merger of its U.S. subsidiary with Cassidy Retirement Group (CRG).

EPIC Advisors Inc. (EPIC) chose Castle Rock Innovations’ (CRI) AXIS Retirement platform to provide compliance with the Department of Labor’s 408(b)(2) fee disclosure requirements.  

Retirement Plan Advisors (RPA) appointed Vernon Kempker as vice president of finance and operations in its Jefferson City, Missouri office. 

Prudential Retirement is offering J.P. Morgan SmartRetirement Target-Date Strategies and Fidelity VIP (Variable Insurance Product) Freedom Funds in its lineup of target-date funds with a guaranteed lifetime income...

The U.S. Treasury Department announced a proposal to reduce regulatory burdens and make it easier for retirees to choose to receive their benefits as a stream of income...

The U.S. Department of Labor’s (DoL) Employee Benefits Security Administration (EBSA) issued a final rule on 408(b)(2) fee disclosure Thursday.