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FTSE Provides Clean Tech Indexes
FTSE Group, a global index provider, has launched capital investment tools to help investors identify and gain exposure to the environmental technology sector.
ING Names New Head of TPA Channel
ING named Ralph DelSesto as the new head of its TPA Channel, the company announced.
Benefit Plans Plus and Qualified Plan Services Announce Merger
Benefit Plans Plus (BPP) and Qualified Plan Services (QPS) have merged to become the second-largest locally owned third-party administrator (TPA) in the St. Louis region.
Americans Fear Retirement Savings Setback
One in two Americans polled in a recent survey by The Hartford Financial Services Group, Inc. say they are concerned about losing ground in their efforts to save...
Russell Reconstitution Revamps Reveal Global Realignments
Russell Investments has posted lists of stocks set for addition to or removal from the Russell Global Index when it is fully reconstituted June 29.
Important Deadline for 403(b) Participants Fast Approaching
403(b) plan participants have until June 30 to correct defective contract exchanges to avoid the amounts becoming immediately taxable.
IMHO: Value Judgments
Way before we had “reality″ shows where we could watch people make fools of themselves in prime time, there was “Let’s Make a Deal.″
IMHO: Value Judgments
Way before we had “reality″ shows where we could watch people make fools of themselves in prime time, there was “Let’s Make a Deal.″
Judge Throws Out Unpaid Contribution Provision in Plan Document
A federal judge in Massachusetts has ordered the sponsor of a master plan to strike a clause in its plan documents relieving the trustee of the duty to...
Psychiatric Care Facility Taps MassMutual as Bundled 403(b)/DB Provider
MassMutual's Retirement Services Division has been selected by The Austen Riggs Center, based in Stockbridge, Massachusetts, as the new full-service provider for the company's $7 million defined benefit...
Law Firm Files Another Madoff-Related Suit
Spector Roseman Kodroff&Willis, P.C., filed another class action against Austin Capital Management Ltd. for millions of dollars of losses due to improper investments in securities controlled by Bernard...
Revzon Taps Brooks to Head RK Services
The Revzon Consulting Group added Michelle Brooks to its staff as the manager of Participant Recordkeeping Services.
Many with Suspended 401(k) Matches Still Get DB Benefits
A new research report suggests that many workers at companies suspending their 401(k) match are nonetheless covered by a traditional pension plan.
Broker Copyright Infringement Claim not Time-Barred, Court Rules
A three-judge court of appeals ruled that a federal district court should not have reversed a copyright infringement case brought by broker The Graham Co. against broker USI...
BlackRock Snags BGI, iShares
BlackRock, Inc. says it has executed a purchase agreement to acquire Barclays Global Investors (BGI), including its iShares exchange-traded fund (ETF) platform.
ING Turns to Forstl for Business Development Post
ING Investment Management Americas named Michael Forstl as vice president of business development.
Law Firm Looks into Sec Lending at Northern Trust 401(k)
The Keller Rohrback class-action law firm announced Thursday that it is investigating the investment activities of Northern Trust Company (NTC) and Northern Trust Investments (NTI).
Online, Discount Brokers Are Popular Rollover Destinations
When it comes to choosing rollover providers, high-net-worth (HNW) investors opt-out of many full-service firms.
Mich. School Districts Choose The Standard as Single Vendor
Standard Insurance Company, a subsidiary of StanCorp Financial Group, Inc., said it has been selected by a consortium of 15 school districts in southeast Michigan to become their...
Another Fee Disclosure Bill Introduced in House
U.S. Representative Richard Neal (D-Massachusetts) has introduced legislation that would require administrators of 401(k) plans to provide plan participants with detailed fee and investment disclosures.