News

Secretary of Labor Hilda L. Solis filed an amicus curiae brief with the 4th U.S. Circuit Court of Appeals supporting the remedy of awarding plan participants a “surcharge”...

Transamerica Retirement Management now provides Morningstar Managed Portfolios by Morningstar Investment Services (MIS), a registered investment adviser.

The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) and the U.S. Securities and Exchange Commission (SEC) have published what was termed “guidance to help...

Charles Schwab has agreed to pay $35 million to settle a California state court suit over the Schwab YieldPlus Fund.

In its latest research, Russell Investments concluded that once a target-date fund reaches an individual's planned retirement date, it should have conservative allocations and a flat glide path...

A court cleared Baxter International of wrongdoing in connection with a 401(k) stock-drop lawsuit.

Secretary of Labor Hilda L. Solis has warned a federal appellate court that protections for plan participants could be harmed if it does not overturn a lower court...

The ERISA Industry Committee (ERIC), in coordination with the U.S. Chamber of Commerce (the Chamber) and the Profit Sharing/401k Council of America (PSCA), submitted comments to the Department...

State Street has developed a suite of money-market fund services designed to help advisers comply with new amendments to the Rule 2a-7 regulations governing money-market funds.

Retirement plan consulting firm 401(k) Advisors said that Pamela Watson has joined its team as a plan consultant.

Research has illustrated that women and minorities lag in retirement savings—and now the government is looking into what, if anything, should be done about it.

How much money will you shell out for Mom on Mother’s Day?

The impact of health care law on the future of qualified retirement plans.

In comments to the U.S. Department of Labor (DoL) regarding its proposed investment advice rule, the American Society of Pension Professionals & Actuaries (ASPPA) has argued that regulators...

A new retirement consultancy has opened for business in Colorado.

The Mercer investment consulting first-quarter 2010 Defined Contribution Universe Summary found gains in all equity markets.

Most financial advisers believe they can learn how to make their business more efficient and effective through their peers, according to the latest SEI Quick Poll.

Anthony A. James has been convicted of seven counts of mail fraud, six counts of wire fraud, and one count of embezzlement from an employee benefit plan.

U.S. mutual fund investors have put nearly $200 billion into stock and bond mutual funds so far in 2010, according to Strategic Insight (SI), an Asset International company.

Following the deadline for responses to the Department of Labor and Treasury Department’s request for information about lifetime income options in retirement plans, the Government Accountability Office (GAO)...