News

The New Mexico Educational Retirement Board has hired two law firms to represent the teachers’ pension fund in a planned lawsuit against a Dallas money management firm. 

Over the weekend, I reacquainted myself with that episode of the HBO miniseries “John Adams” titled “Independence.” 

 A federal judge has approved a $13.8 million revenue-sharing based settlement between a provider and the 401(k) plans it supports, but lawyers will take nearly half.

A new study suggests that many providers are effectively ignoring their own counsel about targeting products, messaging, and communication approaches to distinct demographic segments. 

Another law firm has launched an “investigation” of the BP 401(k) plan – and they’re apparently looking for potential plaintiffs.

A Jacksonville, Florida, retirement-benefits consulting firm is facing charges it defrauded government employees through an alleged Ponzi scheme, according to the Securities and Exchange Commission.

Russell Investments and Research Affiliates have agreed to launch a new index series based on the Fundamental Index methodology.  

The next target market for financial services firms should be those ages 28 to 64 who are intent on accumulating wealth for their future, which may include...

President Obama has signed into law legislation providing pension funding relief for multi-employer and single employer defined benefit plans.

Individual account retirement plan assets are concentrated in families with higher net worth, higher family income, higher educational attainment, with older family heads, and with white non-Hispanic heads,...

The House of Representatives has, by a margin of 417-to-1, passed a bill containing pension relief. 

CPI, a third-party recordkeeping and administration company, has added the Payden family of mutual funds to the firm’s retirement plan platform.  

A recent study polled financial advisors to discover the worst financial mistakes made by college students.  

Standard and Poor’s announced today that the S&P 500 Index will serve as the basis of a forthcoming Vanguard Exchange Traded Fund (ETF). 

Stock and bond funds experienced net outflows of $2.9 billion in May, according to data from the Financial Research Corporation (FRC).  

More than one-third (38%) of retirement plan participants have increased the amount they are saving for retirement following the market downturn of recent years, according to a survey...

Vanguard announced plans to expand its index fund family, introducing 19 new funds with ETF Shares to provide investors with additional low-cost stock and bond choices.

The College for Financial Planning announced today the availability of a new designation for financial advisers.  

Retirement plan advisers looking to keep up with the latest developments in alternative investment funds have a new resource.