News

A survey of plan sponsors at private colleges and universities found 95% of respondents include a 403(b) plan option in their retirement savings plan.

The SPARK Institute released a new version of its information sharing standards and data layouts for lifetime income solutions that are used in retirement plans. 

American United Life Insurance Company (AUL) has named Mark Wutt as Vice President of individual marketing and sales support. 

Vanguard has added an optional Guaranteed Lifetime Withdrawal Benefit (GLWB) rider to its Vanguard Variable Annuity.

Charles Schwab has licensed a Dow Jones U.S. Dividend 100 Index to underlie the Schwab U.S. Dividend Equity ETF. 

The Internal Revenue Service (IRS) has issued a notice to provide guidance on fee requirements for employee plans determination in the Internal Revenue Code. 

For the 2012 tax year,  personal exemptions and standard deductions will rise and tax brackets will widen due to inflation, the Internal Revenue Service (IRS) reports. 

The Financial Services Institute’s (FSI) Board of Directors voted unanimously to increase membership fees, in order to improve engagement with its members and expand its advocacy efforts.  

The Internal Revenue Service (IRS) announced cost of living adjustments (COLAs) affecting dollar limitations for pension plans and other retirement-related items for Tax Year 2012.

Lockton Retirement Services is launching its Retirement Readiness Practice and proprietary suite of consulting services.  

The U.S. Department of Labor (DoL) obtained a default judgment from the federal district court in Minneapolis allowing it to distribute $1.35 million from the defunct Northland...

Could you live on $1,000 for one month? A new online game challenges people to do just that and already has been played 1.7 million times

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...