Search results for: a
First American Investigated for Company Stock Violations
The law firm of Milberg Weiss LLP is investigating possible Employee Retirement Income Security Act (ERISA) violations by fiduciaries to The First American Corporation 401(k) Savings Plan.
Principal Funds Adds to Global Equity Offerings
Principal Funds has added the Principal Global Real Estate Securities Fund and the Principal International Growth Fund to its lineup.
IRS Releases Reminder About Saver’s Credit
The Internal Revenue Service (IRS) has put out a reminder that low- and moderate-income workers may be eligible for the saver’s credit for their contributions to an IRA...
Citizens Advisers’ SRI Fund Business to Be Purchased By Sentinel
Sentinel Investments, the investment management arm of National Life Group, and Citizens Advisers, Inc., the investment adviser to Citizens Funds, have agreed that Sentinel will acquire substantially all...
Japanese Savers Get a Whole New Incentive
Japanese investors will get a whole new savings incentive next week, when TOMY Co. Ltd. rolls out a unique piggy bank; the “Savings Bomb.″
FINRA Targets Baby Boomers in Investor Outreach Campaign
The Financial Industry Regulatory Authority (FINRA) has launched a broad-based advertising campaign aimed designed to drive Baby Boomer investors to the financial tools and educational resources available on...
BenefitStreet’s Founder and CEO Departs
Jim Drury, the founder, Chairman, and CEO of BenefitStreet, has left the firm.
Study Shows Savings Growth Potential of Fixed Income Annuities
Incorporating a fixed income annuity in a retirement income account yields greater long-term wealth for an investor, and more income security, than a portfolio of equity and bond...
Retirement Plan Fee Debate Likely to Continue Past 2008 Elections
The nation’s regulatory and legislative bodies continue to be a beehive of retirement plan-related activity, which is expected to continue through the 2008 presidential election cycle and into...
IMHO: The On Your Own-ership Society
Last week, as I was surfing the Web, I stumbled across an article titled “Time for Employers to Cut Cord to 401(k) Plans.″
SEC: Stay Tuned for 12b-1 Changes
While the Securities and Exchange Commission (SEC) is actively considering changes to Rule 12b-1, most of the comments on the subject appear to be opposed to change.
Small Business Employers Not Eager to Offer Retirement Plans
Nearly half (47%) of small business owners who do not currently offer a 401(k) said they never intend to offer one, according to a recent survey.
Standard Appoints Two New Regional Pension Managers
The Standard has announced the appointment of regional pension managers for the Midwest and Houston regions.
JPMorgan Launches Emerging Markets Bond Index
JPMorgan today announced the introduction of its Corporate Emerging Markets Bond Index.
Merrill Lynch Launches Global Emerging Markets Foreign Exchange Index
Merrill Lynch has introduced the Merrill Lynch Global Emerging Markets Foreign Exchange Index, designed to provide a representation of global emerging markets foreign exchange that is both sound...
McCarthy Moves Up at CitiStreet
Sandy McCarthy, CitiStreet president of Retirement Services, has been named president of the company, it was announced today.
401(k) Participant Accuses Wells Fargo of Self-Dealing
A participant in the Wells Fargo&Company 401(k) Plan has sued the financial services company and a number of its executives over allegations the plan improperly did million of...
Principal Tool Simplifies Financial Liability Forecasting for ESOPs
The Principal Financial Group has a new tool that makes financial liability forecasting for Employee Stock Ownership Plans (ESOPs) easier and more efficient.
Edward Jones Signs on as Distributor of John Hancock Annuities
John Hancock Annuities has announced a new distribution partnership with retail brokerage firm Edward Jones through which John Hancock annuity products are expected to become available for distribution...
John Hancock Program Helps Advisers Capture Rollover Assets
John Hancock now offers a program designed to help 401(k) plan advisers capture and retain rollover assets when participants leave 401(k) plans.