News

A pair of Georgia legislators have introduced a bill that would open up 401(k) accounts to help make mortgage payments. 

John Hancock Financial Network (JHFN) is planning to launch a retirement income program for its advisers, called Retirement Ready.

LIMRA has suggested five things insurers can do in order to capture more retiree assets.

Vanguard research shows that returns of a balanced portfolio, 50% equity/50% bonds, have been statistically equivalent in times of economic recession or expansion since 1926.

The U.S. Department of Labor has sued an Alabama medical office and the physician who owns it for using profit sharing plan assets to fund the business.

A New York district court has ruled that Lehman Brothers did not violate its fiduciary duties under the Employee Retirement Income Security Act (ERISA) by continuing to offer...

Having drawn the scrutiny of regulators, Bank of New York Mellon now finds itself the target of another investigation.

Bill McInturff, a partner at polling firm Public Opinion Strategies, told a group of reporters that it is upsetting and unsettling to see that a lack of confidence...

The Newport Group has created a new section on its Web site called “My Forecast,” dedicated to helping participants weigh their retirement income options.  

BlackRock, Inc. launched three mutual funds featuring alternative investment strategies available to the firm's U.S. retail and high net worth client base.  

S&P Indices announced dividend increases rose 17.1% during the third quarter of 2011, with 350 companies increasing their dividends.  

Fidelity Investments has introduced a Retirement Distributions Center on its Web site.

A recent study from CareerBuilder examines patterns in career paths and how they align with astrological signs and birth order.   

The Internal Revenue Service released Revenue Procedure 2011-49, on new requirements for sponsors of pre-approved plans seeking opinion and advisory letters that...

Millennium Investment and Retirement Advisors (MIRA) and Southeastern Fiduciary Services (SFS) have formed a partnership. 

Liberty Life Assurance Company of Boston is introducing its Freedom Series Builder Annuity.

Litman Gregory Fund Advisors has launched its Litman Gregory Masters Alternative Strategies Fund.

INTECH Investment Management launched a suite of absolute volatility equity strategies.

Russell Investments launched four Small Cap Investment Discipline exchange-traded funds (ETFs) on NASDAQ.

The U.S. Department of Labor has filed a complaint in federal court against A.B.D. Tank & Pump Co. and Keith Davis, its president and owner, to restore more...