As they look to cut fees, corporate 401(k) plan sponsors are continuing to opt for institutional pools over institutionally priced mutual funds, according to research by Cerulli Associates.
A Buffalo, New York-area building products and steel processing firm has suspended its 401(k) match because of a slumping business climate driven by slowdowns in the housing and...
The combined assets of the nation's mutual funds decreased by $372.1 billion, or 4%, to $9.036 trillion in February, according to the Investment Company Institute (ICI).
Lancaster County (Pennsylvania) school districts are scrambling to track employees' 403(b) retirement contributions after a company hired to administer the funds failed to deposit some of the money...
One Pensacola public pension fund has filed suit and a second is considering going to court over allegations Merrill Lynch is responsible for what the funds claim are...
TIAA-CREF said it plans to intensify pressure on target companies that maintain business relations with the Sudanese government, and will divest from companies that fail to take meaningful...
Russell Investments found professional money managers were more bullish for fixed-income asset classes than equities for the first time in its survey’s five-year history.
Stock and bond funds experienced net outflows of $18.1 billion in February, reversing a $22.2-billion January inflow, according to the Financial Research Corporation.
Advisers continue to stick with the basics, using dividend-paying stocks or mutual funds and systematic withdrawals from mutual funds to fund their clients’ retirement income, according to Cerulli...
The Principal Financial Group Principal Financial Group Inc. said Friday it was suspending several employee benefits, including tuition reimbursement, anniversary gifts and employee recognition programs, as part of...