Search results for: SCO
Court Finds 401(k) Loan Not a “Necessary Expense″
The repayment of a 401(k) loan may be a real debt obligation, but it’s not a “necessary expense″ for bankruptcy purposes, according to a recent court decision.
Morningstar to Launch Target-Date Ratings, Research
Morningstar, Inc., said it will offer ratings and in-depth research reports for target-date fund series.
Dow Jones Launches Economic Stimulus Index
Dow Jones Indexes announced the launch of the Dow Jones U.S. Economic Stimulus Index.
Sponsors, Participants Need More Target-Date Help
Plan sponsors might need to better utilize advisers in order to ensure that participants are getting the full benefits from target-date funds, a new study found.
Online 401(k) Expands Network
The Online 401(k), a provider of full-service Web-based 401(k) plans, continues to expand its network of financial advisers.
SPARK Institute Makes a Case for 401(k)s
Seems as though lately everyone wants to 'fix' the 401(k), but a new whitepaper suggests a different take.
NY Red Cross Drops 401(k) Match
The American Red Cross of Greater New York has joined the list of firms dropping or suspending 401(k) matches because of the economic downturn.
Fund Firm Commentary for Advisers Varies
Many mutual fund firms provide advisers with commentary, but not all of them have jumped on board with new media endeavors.
Plan Sponsors Make More Changes
A survey by the International Foundation of Employee Benefit Plans (IFEBP) found defined contribution sponsors are making plan changes in the face of the economic downturn.
Provider Offers Custom Asset Allocation Portfolios
McCready and Keene announced it offers custom risk-based and age-based portfolios within the same retirement plan, utilizing an asset allocation strategy composed of a plan's core fund lineup.
U.S. Can't Get No Satisfaction
Need happiness? Move to Canada, or better yet, Denmark.
Goldman Sachs Offers Tool to Help Advisers Select Funds
Goldman Sachs Asset Management (GSAM) launched a retirement plan analysis tool to help financial advisers determine the right fund line-ups for retirement plans.
EBSA/SEC to Hold Target-Date Hearing
The Department of Labor (DoL) and the Securities and Exchange Commission (SEC) are looking into target-date funds.
U.S. Gets ‘A’ in Investing
A Morningstar study found that mutual fund investors in the U.S. have a better experience than in 15 other countries.
Better Human Capital, Better Financial Capital
While it might seem difficult to look at the long-term strategy amid a financial crisis, knowing how to better operate and recruit could be crucial to an advisory...
Law Firm Can Proceed With 401(k) Consulting Suit
A federal judge in California has rebuffed demands from JP Morgan Chase and Co. that it dismiss a lawsuit alleging mistakes that could imperil the tax-favored status of...
GM Single-Equity Suit Falls
A group of General Motors defined contribution plan participants cannot proceed with their lawsuit claiming GM had improperly included undiversified single-equity funds in its plans.
FINRA Settles ARS Violations with Four More Firms
The Financial Industry Regulatory Authority (FINRA) said it entered settlements with four more firms relating to the sale of auction rate securities (ARS).
Wells Fargo Freezes Pension
Wells Fargo&Co. told employees Monday it will no longer contribute to its traditional pension plan.
MetLife Releases Retirement, Encore Careers Guide
The MetLife Mature Market Institute released a workbook with a DVD containing assessment tools, information, and resources to help those contemplating whether to retire and how to move...