News

In its 2011 Defined Contribution Survey, BlackRock asked plan sponsors and participants to describe the allocation of responsibility they see in retirement plans.   

Workers will be limited in tapping their 401(k) retirement plans for loans under legislation introduced by Senators Herb Kohl (D-WI) and Mike Enzi (R-WY).

In its quarterly Sentiment Survey of registered investment advisers (RIAs), TD Ameritrade found 73% of respondents said business has grown in the last six months.  

Conscientious and generally responsible Americans save more for retirement than others, according to researchers at the University of Michigan Retirement Research Center.

USI Consulting Group announced Michael W. Fischer has joined the company as a Defined Contribution Consultant, based in New York City.

Baden Retirement Plan Services, a third party administration firm, has appointed Brian Smith as Sales Manager.

On average, defined contribution plan participants include 5.3 funds in their accounts in 2011 - nearly double what they had in 1996, according to a Spectrem study.

A federal judge in South Carolina approved a $30 million settlement against Duke Energy over its conversion to a cash balance retirement plan.

The Principal Financial Group found that plans who start auto-enrollment at a 3% deferral rate have a lower average deferral rate than plans without an automatic enrollment feature.

Bank of America Merrill Lynch’s Retirement & Benefit Plan Services quarterly report on plan participant contribution activities found many plan sponsors are using a combination of automated and...

Inflows for U.S. exchange-traded funds (ETFs) accelerated to $23.3 billion in April after reaching just $6.9 billion in March.

Long-term mutual funds saw inflows of $23.9 billion in April, which trailed March’s $27.0 billion, according to data from Morningstar.

The fifth annual MullinTBG-PLANSPONSOR Executive Benefits Survey shows companies are using  nonqualified deferred compensation plans (NQDCPs) as a valuable tool for restoring weakened retirement savings.

A cash balance plan consultant says that cash balance programs are the fastest growing sector of the retirement plan market.

At the ETF & Indexing Investments USA 2011 Conference in New York City this week, panelists discussed the pros and cons of the “democratization” of exchange-traded funds (ETFs)....

Research from the Transamerica Center for Retirement Studies found many workers are planning to work past - or through - their retirement years.

A UBS Survey found that a large majority of equity compensation participants feel strongly that a comprehensive understanding of their plan will help them reach a secure retirement....

Financial research firm, kasina, asserts that financial services companies who interact with customers online have a winning social media strategy.  

RIA In A Box, a registered investment adviser (RIA) consulting firm, created its Last-Minute Audit Prep service to provide support and information for RIAs facing an SEC audit.

Investment management firm F-Squared Investments has named former Fidelity and Bank of America executive Bill Carey to head its newly formed retirement division.