News

John W. Allen is the new Senior Client Portfolio Manager at Dwight Asset Management Company LLC. 

The Financial Accounting Standards Board (FASB) has tentatively decided not to require employers that contribute to multi-employer plans to disclose the estimated withdrawal liability, as it had proposed...

The Callan DC Index started the year strongly, advancing 4.3% in the first quarter, bolstering the annual return since inception, which now stands at 3.8%.   

The U.S. Department of Labor (DoL) obtained six consent judgments requiring payment of nearly $10.5 million in restitution to the DirecTECH Holding Co. Inc. Employee Stock Ownership Plan...

IndexUniverse.com reports that Oklahoma-based FaithShares has shuttered four of its five exchange-traded funds (ETFs) after the funds failed to attract significant assets.

PNC Institutional Investments has expanded its relationship with Morningstar Associates to offer managed accounts in its defined contribution (DC) platform.

Diversified announced that Thomas M. Stephenitch has joined the company as a sales executive for Michigan and northern Ohio.  

Boomers attempting to protect their children from financial stress may be putting their own retirement goals at risk. 

Secretary of Labor Hilda L. Solis said a district court correctly held that plan fiduciaries acted imprudently by investing in retail mutual funds that were available as institutional...

Exchange-traded fund (ETF) assets fell $22.7 billion for the month of May, according to State Street Global Advisors’ latest ETF Snapshot report. 

TIAA-CREF has collaborated with the Center for Due Diligence (CFDD) and PlanTools to create the Advisor Network.   

A recently published white paper from MetLife offers guidance for advisers about how to help clients transition from the accumulation phase to the drawdown phase in retirement.  

Minnesota Life recently added two Ivy Funds Variable Insurance Portfolios (VIPs) to Waddell & Reed Advisors' products. 

VALIC is introducing Plan Essentials, a comprehensive platform of investment products and services in partnership with Mesirow Financial.

ING has expanded its fiduciary services to help defined contribution plan sponsors better navigate their responsibilities under the Employee Retirement Income Security Act (ERISA).

Multiple employer plans (MEPs) offer great potential as a retirement savings option for small-business owners, says Transamerica Retirement Services, in a recently published white paper.

Despite their wealth, 41% of high-net worth individuals wish they had more self-control over their financial behavior, according to a report in the Barclays Wealth Insights series.

If Baby Boomers and Gen Xers delay their retirement past the age of 65, many of them will still not have adequate income to cover their basic retirement...

Vanguard announced that that James M. Delaplane, Jr. will join the investment management firm to lead its government affairs office in Washington, D.C.

Joseph Ricciuti has joined Buck Consultants, a Xerox company, as managing director for Canada.