News

The process of selecting and monitoring investment options continues to be a priority for retirement plan sponsors, according to research from Aon Hewitt.

Automation has become standard in many defined contribution (DC) plans, according to a recent report from Aon Hewitt.

A survey from Aon Hewitt finds that defined contribution (DC) plans are now the primary retirement savings vehicle for the majority of workers, up substantially from 2009.

Irving H. Picard, the Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS), announced that he has reached a settlement with numerous feeder funds.

In light of recent statements regarding its position on the proposed definition of fiduciary regulation, the American Society of Pension Professionals & Actuaries (ASPPA) reiterated its support of...

The Principal has launched a new program that is designed to help plan sponsors save time and money, and reduce the burdens of retirement plan administration.

A recent Cerulli report says that while "primary" retirement markets represent nearly $14 trillion in 2010, Cerulli identifies six niche markets currently representing $1 trillion.

Against a backdrop of historically low interest rates and global economic uncertainty, U.S. ETFs managed to attract $56.3 billion in new inflows during the first six months of...

Acadian Asset Management LLC has named Matthew S. Rothman as Director of the firm’s Top-Down Research effort, effective September 2011.

Still River Retirement Planning Software, Inc. has launched a simplified, free version of its RetirementWorks II financial software for retirees and near-retirees.

Manulife Asset Management has expanded its equity investment capabilities with the hiring of Jay Zelko, David Chow, and Curtis Ifill, to be led by W. Shannon Reid, CFA.

Freedom One Financial Group, a 401(k) consultant firm, has appointed John A. Caldwell to its executive team as chief investment officer.

Thirty-five percent of respondents in an online consumer survey said they plan to buy Apple’s iPhone 5—even though no details about the smartphone have been released.   

MassMutual's Retirement Services Division has enhanced its investment offerings in its target date (lifecycle) and lifestyle (risk aware) categories to “better serve retirement plan market...

A Genworth survey has found that more women than men feel financial wellbeing is important to maintaining a balanced life.

ING Investment Management Americas has hired Robert Robis as Senior Portfolio Manager on the Global Bond Team and Head of Fixed Income Macro Strategies.

Hennion & Walsh expanded its line-up of proprietary SmartTrust Unit Investment Trust (UIT) portfolios, for a total of 18.

The Department of Labor’s Bureau of Labor Statistics (BLS) found that 64% of all private industry employees have access to retirement benefits, with 49% participating in a retirement...

The Newport Group appointed Anthony Laudato as Vice President and Chief Actuary, leading the firm’s bank-owned life insurance (BOLI) line of business.

Despite a difficult first half for investors, long-term mutual funds around the world realized $350 billion of inflows so far in 2011, with 23% going into exchange-traded funds...