News

Investors put $14 billion in net inflows into stock and bond mutual funds in the U.S. in May.

U.S. exchange-traded funds (ETFs) saw roughly $2 billion in net inflows in May.

Distinguishing between education and advice is among the most difficult issues when updating the definition of fiduciary, according to a Department of Labor (DOL) official.

Default deferral rates in 401(k) plans with automatic enrollment led to higher participant retention, according to a study of New York Life Retirement Services’ clients.

Workers are making progress in closing the gap between the money they’ll need in retirement and what they are on track to accumulate.

Lincoln Trust Company has acquired Independent Pension Consultants Ltd. (IPC), a regional plan administration and consulting firm in Eden Prairie, Minnesota.

 Mesirow Advanced Strategies named Matthew Strube senior vice president and head of portfolio research to assist in all aspects of portfolio construction, risk and allocation.   

When discussing how plan sponsors can protect against litigation, the main message from panelists at the 2012 PLANSPONSOR National Conference concerned documentation.

Diversified is offering a white paper of best practices for ensuring a plan sponsor’s retirement plan is designed to help employees achieve their savings goals.

The Phoenix Companies Inc. introduced a single premium fixed-index annuity for people approaching or already in retirement. 

Nearly half of all employers (47.2%) have conducted an analysis to determine how health care reform legislation will impact their health care plan costs.

Phyllis Borzi, assistant secretary for the Employee Benefits Security Administration (EBSA), announced tools to help participants understand fee disclosures.

Save for the future was the top piece of life advice retirees would pass along to younger generations, a survey found.

Exchange-traded fund (ETF) assets decreased $67.4 billion, or 5.7%, in May.

“We stand at a crossroads in the [retirement plan] industry,” said David Musto, chief executive at J.P. Morgan Retirement Plan Services.

Arthur J. Gallagher and Co. of Itasca, Illinois, acquired Broker Benefit Services LLC.

 Neuberger Berman Group LLC launched the Neuberger Berman Absolute Return Multi-Manager Fund with multiple sub-advisers on Monday.   

The Financial Services Institute (FSI) launched a mobile application Monday to help financial advisers advocate on industry issues using smartphones and tablets.

Employees are willing to give up a percent of their salary in exchange for retirement income, a survey found.

The term “retirement readiness” is all the buzz, but what does it really mean for plan participants?