News

Purchasers of group long-term-care insurance tended to be slightly older in 2009, and an increasing number selected less costly policy features, according to a new study.

The retirement picture marketed by providers and the retirement reality for many Americans are two different stories, a new report suggests.

401(k) Rekon announced three one-day symposiums targeting retirement plan advisers who spend less than 50% of their time managing retirement plans.

Financial advisers might have ripe opportunities to talk to clients about long-term care insurance, a new survey sponsored by Genworth Financial suggests.

The Insured Retirement Institute (IRI) said its new Retirement Pyramid can help financial advisers explain what clients need to have “a healthy and vital financial future.”

Change is a reality of life.

A federal judge in Georgia has thrown out claims by 401(k) participants that Beazer Homes USA breached its fiduciary duties by offering company stock as an investment option...

A former Comcast Corp. employee is qualified to serve as a class representative in a stock-drop lawsuit against Comcast Corp., a federal judge in Pennsylvania ruled as he...

The Retirement Services division of American United Life Insurance Company (AUL ), a OneAmerica company,  has launched St. Louis-based R.T. Jones Capital Equities Management, Inc.’s ARTESYS management account...

A federal court judge has certified as a class action a lawsuit against Wells Fargo over offering mutual funds from one of its affiliates as 401(k) plan investments.

A federal court has dismissed claims that PricewaterhouseCoopers knowingly participated in a violation of the Employee Retirement Income Security Act (ERISA) anti-cutback rule by allowing Bank of America...

J.P. Morgan Asset Management (JPMAM) said Thursday that Eve Guernsey, CEO of the Americans, will step down from her post at the end of 2010.

Dow Jones Indexes has launched the Dow Jones U.S. Contrarian Opportunities Index.

Securities litigation declined significantly in 2009 compared with 2008, according to a study by accounting firm and consultant PricewaterhouseCoopers.

MassMutual's Retirement Services Division has added to its MassMutual Smart Architecture Investment Program with the addition of four new target-date funds.

A federal judge in West Virginia has ruled that lawyers simultaneously representing plan administrators and plan participants do not necessarily have a legal conflict of interest that would...

State Street Global Advisors’ latest report on the exchange-traded fund (ETF) market covering March activity found that 10 of 12 ETF categories gained in absolute terms.

The Advisory Council on Employee Welfare and Pension Benefit Plans has called for the creation of a presidential commission to define a new national retirement policy and develop...

A federal district court recently denied class certification in a lawsuit relating to the rollover of funds from 401(k) plans nationwide for which Principal Life Insurance Company provided...

RidgeWorth Investments said it has updated its really simple syndication (RSS) offering to allow Web site visitors to customize their feed.