News

Dow Jones Indexes launched the Dow Jones RBP U.S. Small-Cap Index. 

A court has ruled that a defined contribution plan must repay a former participant funds that were wrongly transferred to an account of his ex-spouse, even though the plan...

Charles Schwab has redesigned its educational website for personal finance. 

Fidelity Investments found more than half (51%) of its 401(k) participants are now in a plan that offers auto enrollment.  

Granite Investment Advisors has hired Peter McManus as senior vice president, head of institutional sales.

UBS Wealth Management Americas (WMA) is adopting a new mobile technology strategy for its financial advisers, called UBS FA Mobile.  

An "American Dream" that is less conventional and more personalized is emerging, according to a MetLife study.

Towers Watson believes that stable value investors should be aware of a few shifts brought on by a combination of an underlying structural change and recent economic stress.  

CUNA Mutual Group has named Randy S. Fuss as a Practice Management Consultant. 

Although one in five mass affluent investors are saving more this year than last, many are struggling to reach long-term financial goals, according to a Bank of America survey....

A recently introduced tool from Fiduciary Benchmarks seeks to help plan sponsors optimize their plan design and improve their participants’ retirement readiness.

A PSCA survey found that while companies are in the process of restoring contributions, they are also increasingly focused on plan investments.

Virtus Investment Partners is expanding its sales force with a new team to focus on the independent broker and registered investment adviser (RIA) channels. 

Thirty-one percent of Americans say running out of money is their top concern regarding retirement, according to a survey from Franklin Templeton.

Russell Investments has promoted senior consultant Martin Jaugietis to the newly created role of director, head of LDI solutions, Americas Institutional.

Direxion, a provider of alternative investment solutions, has named Harold W. Clemons as senior sales director for the Mid-South Region.

AllianceBernstein hired Edmund Grant as a managing director for business development and client services for institutional investors.

Fidelity’s Education Generational Survey found nearly half (49%) of the higher education workers surveyed describe themselves as "conservative" investors when it comes to retirement, regardless of age.

Sixty-three percent of investment managers surveyed by SEI at its annual CFO Forum for Alternative Investment Managers are optimistic about their firm’s prospects over the next three years. 

The U.S. Department of Labor is suing Worldwide Trade Resources Inc. (WTR) for failing to distribute $2 million held in its 401(k) plan.