News

Prudential Financial produced a white paper to address Americans' challenges in achieving their retirement objectives.

Federated Investors, Inc. and Fifth Third Bank reached an agreement under which Federated will acquire certain assets relating to the management of Fifth Third money market funds.

Total U.S. retirement assets were $17.9 trillion as of December 31, 2011, up 4.9% in the fourth quarter of 2011 and about unchanged for the year.

National Retirement Planning Week 2012, which takes place Monday through Friday, will focus on Social Security and Baby Boomers' retirement readiness.

BMO Global Asset Management has rebranding its defined contribution services business, now known as BMO Retirement Services.

A court found that University of Chicago employees were not eligible for retirement plan benefits based on their part-time status.

After the Financial Industry Regulatory Authority (FINRA) ordered Merrill Lynch to pay $10.2 million in deferred compensation and punitive damages to two former brokers in Florida, the brokerage...

New York Life Retirement Plan Services launched a new website for retirement plan sponsors and advisers.

The 100 largest defined benefit (DB) pension plans experienced a $58 million improvement in funding in March. 

 The majority of financial advisers say their clients’ retirement portfolios are nearly recovered, but “the psychological scars run deep,” according to a poll from the SEI Advisor Network.  

Tom LaBrie was appointed a managing principal of Lincoln Financial Advisors Corp., part of Lincoln Financial Group.

Methodology helps manage longevity risk, maintain liquidity and better predict income for retirees.  

Transamerica Retirement Services promoted Chad Brown to division vice president for the company’s Southern region.  

Institutional investment managers are increasingly optimistic about the U.S. economy, but remain concerned about macro risks such as the European debt crisis. 

TD Ameritrade Institutional has expanded its mobile tools to give independent registered investment advisers (RIAs) access to its Veo platform.

Americans are concerned about a costly price rounding system if the penny is eliminated, a poll shows. 

  Sue Crosby and Dan Burke were appointed to key leadership positions at Mercer.    

MassMutual's Retirement Services Division named a new senior relationship manager and managing director to its sales and client management organization.   

Fresno, California-based Explore General Inc. and Jaime M. Gonzalez were ordered to restore $519,601 to the company’s 401(k) profit-sharing plan.