News

Despite steep losses in the stock market in September, net 401(k) participant transfers were very modest, according to the Aon Hewitt 401(k) Index Observations report.

The 2nd U.S. Circuit Court of Appeals has found that Citigroup fiduciaries did not abuse their discretion in continuing to offer company stock as an investment in its...

Vestmark, a provider of advisory solutions and wealth management technology, has enhanced its VestmarkONE platform. 

Summit Financial, led by founder and managing partner Joseph Bonasera, is joining the Commonwealth Financial Network.

SunGard has launched a mobile strategy for retirement plan specialists and financial advisers focusing on wealth management. 

“Measure of Millennials,” a study released by the iOMe Challenge organization, finds that Millennials (those ages 18-29) are finding it a challenge to save for retirement.

In Sun Life Financial’s latest Unretirement Index, one in five working Americans say they will never retire.

Three-quarters of companies that had suspended their employer-match in defined contribution plans have reinstated the match to its full amount, with one quarter bringing it back at a...

Monthly Social Security and Supplemental Security Income (SSI) benefits for more than 60 million Americans will increase 3.6% in 2012, the Social Security Administration announced.

United Retirement Plan Consultants is introducing a Compliance Warranty for its 10,000 current plan sponsor clients as well as all new prospects.

The realignment of the company’s business into three business lines is an “evolution of the previous structure,” said Christine Marcks, president of Prudential Retirement.

A LIMRA survey revealed that many Americans who have access to an employer-sponsored defined contribution plan do not take full advantage of the tax-deferred savings.

The Financial Industry Regulatory Authority (FINRA) issued an alert to investors, encouraging them to increase their 401(k) contributions.

DailyAccess Corporation formed a strategic alliance with October Three, LLC, an actuarial, consulting, and technology firm. 

InvestSimply, a Web-based portfolio management service and registered investment adviser (RIA), is expanding its marketplace for managed personal investment portfolios.

The results from Diversified’s Report on Retirement Plans – 2011 show nearly one-half (48%) of larger companies have implemented automatic enrollment, and an additional 36% are considering implementing this...

BrightScope and Target Date Analytics released "Popping the Hood, IV," the latest study in a series that provides analysis of target-date funds (TDFs) and fund families.

California will be closing its adviser-sold unit, a small portion of the 529 college-savings plan, in which residents invest in the plan through brokers and financial planners, reports...

Towers Watson named Michael Popkin co-head of insurance-linked securities (ILS) for Towers Watson Capital Markets (TWCM), the company’s U.S.-based broker/dealer.

Non-retired Americans are showing a clear desire for guaranteed income in retirement, according to a survey by Allianz Life Insurance Company of North America.