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Northern Trust Offers Multi-manager Target-Date Funds
Northern Trust has expanded its lineup of target-date investment solutions with a series of multi-manager funds for ERISA-qualified defined contribution retirement plans.
DST Retirement Offers Electronic Compliance Test Results
DST Retirement Solutions announced its provider clients can now deliver compliance test results to sponsors electronically, via a client-branded Web site.
Are Participants Really Cutting Back on Savings?
A new study casts doubt on reports that the softening economy and tumultuous markets are having a significant impact on participant savings rates.
Retirement a More Distant Dream for Some
A survey commissioned by ING Direct found that almost half of respondents are clueless about how much they need to retire.
Tips for Managing through the Crisis
Many advisers are trying to juggle increased client concerns with running a business—oh, and having a personal life.
White Paper Features Best-Managed RIA Firms
Charles Schwab has released a report for independent advisers, examining how some of the industry's most successful advisers manage their business.
Eaton Corp. Joins List of Firms Cutting Match
Power management company Eaton Corp. is implementing cost-saving measures companywide that include suspending matching contributions to employees’ 401(k) accounts.
Regions Financial Trades Match for Jobs
Regions Financial Corp. plans to suspend contributions to employee retirement accounts to save money and jobs.
Allstate Pulls Back on ClearTarget Retirement Funds
Less than a year after their launch, Allstate has pulled the plug on its Allstate ClearTarget funds.
401(k) Embezzler Tied to Escort Service
Federal prosecutors have charged the former controller of one of Boston’s largest investment firms of diverting funds from the company’s retirement plan—to bank accounts linked to an adult...
IMHO: Trust “Company″
I saw an interesting event headline the other day. It said simply, “Trust is an economic stimulus package.″
J. Crew Cost-Cutting Clips 401(k) Match
J. Crew Group, Inc. has announced the initiation of a cost reduction program that includes reducing headcount, eliminating 2009 merit increases, and suspending the 401(k) match.
Freedom Growth Announces New Small Biz Retirement Plan
A Los Angeles-based firm has rolled out a retirement plan customized for small business owners.
UNIFI Advantage Elite Targets $3+ Million Market
UNIFI Companies Retirement Plans has announced a new offering targeting the $3 million to $20 million retirement plans market.
Retirement a Top Priority for Investors
Almost three-fourths of mutual fund investors hold funds outside of an employer-sponsored plan, and most of those mutual funds were purchased through an adviser.
U.S. Steel Announces Match Suspension
U.S. Steel Corp. announced it has suspended company match contributions for its two New York-based 401(k) plans effective January 1.
E*Trade Shutters Index Funds
E*Trade Financial Corp. said it is shuttering four index funds, with a total of about $400 million in assets, because the offerings were unable to attract enough assets...
Sales not Enough to Counter Mutual Fund Losses
The combined assets of the nation's mutual funds decreased by $191 billion, or 2%, to $9.411 trillion in January, according to the Investment Company Institute (ICI).