News

Excluding money market programs, local funds in Asia pulled in $7.7 billion in cash flows in July.

During last week’s GOP presidential candidate debate, Texas Governor Rick Perry grabbed headlines by reaffirming his position that Social Security is a “Ponzi scheme.” 

Nationwide Financial Services, Inc. has expanded its retirement plan offerings with a new product “designed by and for retirement plan specialist advisors.” 

The Profit Sharing/401(k) Council of America (PSCA) has released a three-course 401(k) Day campaign that encourages employers to promote the benefits of saving for retirement year-round.

The 3rd U.S. Circuit Court of Appeals has upheld a district court ruling dismissing charges that Unisys Corporation and Fidelity Management Trust Company caused participants in Unisys’ retirement...

According to State Street Global Advisors’ ETF Snapshot report, exchange-traded fund assets fell $42 billion in August, down 3.8%.

Research from Fidelity shows that while nearly eight in 10 nurses (79%) feel secure about their jobs and their financial future, more than seven in 10 (71%) do...

Private industry employers spent an average of $28.13 per hour worked for employee compensation in June 2011, according to the U.S. Department of Labor's Bureau of Labor Statistics.

While four in five employees say they have adequate life insurance coverage, 45% of working women and 28% of working men with life insurance have not evaluated their...

A recent study shows a significant number of retirement plan advisers plan to ramp up their retirement income planning practices over the next few years. 

The MassMutual Retirement Services Division has added Carl Steinhilber and Roderick Toppin to support its nonprofit retirement plan market.  

A draft bill from House Financial Services Chairman Spencer Bachus (R-Alabama) calls for SEC-registered advisers to be transitioned from SEC regulation to a self-regulatory organization (SRO).

A nationwide survey of nearly 200 health care plan sponsors found that two-thirds of their employees participate in retirement plans, with participation in 401(k) plans slightly higher than...

ADP has established a Strategic Advisory Services group, dedicated to advising clients on their benefits administration services.

UBS Investment Bank introduced 12 ETRACS Exchange Traded Notes (ETNs) linked to the daily performance of an index in the S&P 500 VIX Futures Index Series, which began...

The Institutional Retirement Income Council (IRIC) is encouraging plan sponsors to begin offering plan participants more options for generating retirement income.

Recent market volatility will likely put a damper on asset growth and push investors into more conservative, lower-fee products, according to kasina.

Nearly half (48%) of retirement plan participants who rolled balances into IRAs in the past two years chose their rollover institution based on if they already had an...

The U.S. District Court for the District of Rhode Island has given a mixed ruling to participants alleging breaches of Employee Retirement Income Security Act (ERISA) fiduciary duties...

An analysis from Charles Schwab shows a growing number of employers are providing their employees with value-added 401(k) plan features that help drive positive plan participation and savings...