Tag: 401k

A federal judge in New York has tossed out a stock drop lawsuit against Wyeth Corp., ruling that the company was entitled to a presumption its decision to...

Beverly Enterprises has agreed to settle for $6.25 million claims that it caused its 401(k) plan to incur excessive fees.

Fidelity Investments has released a new bundled 401(k) platform distributed through registered investment advisers (RIAs).

Fidelity Investments has announced a new Small Business Retirement Plan program for clients of registered investment advisers (RIAs).

Even as retirement savings accounts are back on a growth curve, retirement plan participants are more interested in receiving advice about investing their retirement funds, a new report...

401(k) Rekon announced three one-day symposiums targeting retirement plan advisers who spend less than 50% of their time managing retirement plans.

A federal judge in Georgia has thrown out claims by 401(k) participants that Beazer Homes USA breached its fiduciary duties by offering company stock as an investment option...

A former Comcast Corp. employee is qualified to serve as a class representative in a stock-drop lawsuit against Comcast Corp., a federal judge in Pennsylvania ruled as he...

A federal court judge has certified as a class action a lawsuit against Wells Fargo over offering mutual funds from one of its affiliates as 401(k) plan investments.

A federal court has dismissed claims that PricewaterhouseCoopers knowingly participated in a violation of the Employee Retirement Income Security Act (ERISA) anti-cutback rule by allowing Bank of America...

A federal judge in West Virginia has ruled that lawyers simultaneously representing plan administrators and plan participants do not necessarily have a legal conflict of interest that would...

A federal district court recently denied class certification in a lawsuit relating to the rollover of funds from 401(k) plans nationwide for which Principal Life Insurance Company provided...

The Principal Financial Group has released RetireView, a product designed to help plan advisers help participants in their client plans choosing their optimum asset allocation.

Workers offered 401(k) plans exhibit more proactive retirement savings behaviors, demonstrate higher levels of knowledge about retirement investing, and are more confident in their ability to retire comfortably,...

Great-West Retirement Services has appointed Todd Champney as regional sales director based in Dallas.

Smart-Tek Automated Services, Inc., has signed an agreement to offer its client employees a 401(k) plan through The Hartford Financial Services Group, Inc.

401(k) Rekon, a recently launched research provider for retirement plan advisers, is hosting its first symposium.

Research from Fidelity Investments indicated many employers are reinstating employer matching contributions to their 401(k) plans.

Participants were more likely to gain access to advice last year – but the pace of expansion was slow.

RLP Capital, Inc., has launched The Green 401k, which offers more than 130 socially responsible mutual funds, as well as over 8,000 traditional mutual funds.