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BMO Global Asset Management expands availability of stable value fund; American Funds offers new fixed income funds, and more.

In addition to calling out Franklin Templeton for using high-cost proprietary funds in its plan, the lawsuit challenges its choice to offer its money market fund rather than...

The DOL charged that workers for a union trust fund were fired for filing an internal complaint regarding wrongdoing by the trustee and cooperating with a federal criminal...

The appellate court remanded the case back to a district court for further proceedings.

Innovest Portfolio Solutions Hires New VP; Cavalier Investments Appoints New CIO; Raymond James Partners With Plan Adviser Firm, and more.

The lawsuit was filed after disclosure of Foreign Corrupt Practices Act violations in Avon's China operations.

This year, Social Security will spend $15.7 billion more than it collects in taxes.

VALIC names vice president, Consultant Management; Pentegra and Newport Group hire regional directors; and FSI Announces 2017 board elections.

Although the consultant is not named as a defendant in the suit, a former pension plan participant argues she was a fiduciary of the plan, rendering the named...

A second stock drop case has emerged in just the last week targeting a Target Corporation ESOP retirement plan. 

Terms of Conco Inc.'s reorganization plan do not allow ESOP participants to sell shares to a third party, a court found.

The United States ranks 14th on the relative retirement security of its working population, according to the 2016 Global Retirement Index released by Natixis Global Asset Management.

Research from global analytics firm Cerulli Associates finds that institutional investors in general no longer limit review of their assets to traditional financial metrics such as revenue, profitability,...

An appellate court has partly reversed the dismissal of claims against Berkshire Hathaway retirement plan fiduciaries accused of violating ERISA benefit cutback provisions. 

Solid relationships between advisers and clients have been central to driving this growth during tumultuous market environments, Charles Schwab found.

EPIC Advisors names director of client service; MassMutual names head of workplace distribution; and advisory firm offers financial management services to BancAlliance members.

Float income are not retirement plan plan assets, a federal appellate court ruled.

Cerulli’s latest survey of institutional investor priorities and behaviors shows lasting momentum for multi-asset-class solutions, but also some challenges for the market segment. 

At year-end 2015, 89% of mutual fund assets in 401(k) plans were held in institutional and retail no-load share classes, according to the ICI.

Nobody really likes to think about the negative aspects of aging, but advisers have a legal obligation to pursue the long-term financial good of their clients.