The year 2009 proved to be a recovery year for the fund industry after a brutal 2008 that saw shareholders dump their funds en masse, according to Morningstar...
The U.S. exchange-traded fund (ETF) industry closed out 2009 with $785 billion in assets under management, according to Morningstar Direct's latest Fund Flows Update.
A new study suggests mutual fund companies might no longer need to keep in place short-term redemption fees that were imposed in 2003 as a result of controversy...
WACO Community Schools of Wayland, Iowa, will continue offering the state’s 403(b) retirement plan to employees, after staff spoke out against its elimination.
Last year was kind to the exchange-traded-funds (ETFs) market, with a whopping 45% jump in assets over the year to $775.8 billion as of December 31, according to...
With the prospect looming of the imposition of a federal medical device tax, an Elyria, Ohio, home-health products firm has suspended its 401(k) match and taken other cost-cutting...
Employers need to take steps to make defined contribution (DC) plans better primary savings vehicles, said Jamie Kalamarides, senior vice president of retirement solutions at Prudential Retirement.
TIAA-CREF announced it has kept its holdings in only one of five companies it targeted last year for potential divestment over their business relations with the government of...
Affluent and millionaire investors are heading into the New Year with sinking investment confidence, according to a monthly survey from Spectrem Group.
On the heels of a financial crisis that shook both the financial services industry and investors worldwide, a new report catalogs a surge in mutual fund flows—and a...
Salt Lake City-based Intermountain Healthcare will resume and increase its contributions to employee 401(k) retirement savings plans next month, but the company is ending part of its traditional...
Still cautious about a slow U.S. economic recovery, package shipper FedEx Corp. announced it would reinstate half of its 401(k) match as well as its merit salary increase...
U.S. money managers participating in a recent Russell Investments poll are apparently an optimistic bunch, predicting equity markets still have room to grow during 2010.