Tag: 401(k)

A court cleared Baxter International of wrongdoing in connection with a 401(k) stock-drop lawsuit.

Research has illustrated that women and minorities lag in retirement savings—and now the government is looking into what, if anything, should be done about it.

Nationwide Financial Services, Inc., has introduced 401KIncome, a public policy proposal that it said “provides incentives for the funding of guaranteed retirement income while strengthening the current employer-sponsored...

Markov Processes International (MPI), which specializes in providing technology in the institutional and high-net-worth space, is now making available a Web-based manager research and reporting tool for all...

In 2009, 76% of mutual fund-owning households indicated that their primary financial goal for their fund investments was saving for retirement, according to the Investment Company Institute (ICI).

While 401(k)s and individual retirement accounts (IRAs) still seem to be the most important source of retirement income, the proportion of Americans planning on rely on Social Security...

Clark Capital Management Group offers risk-based asset allocation models designed to protect 401(k) participants from dramatic declines.

Aon Corp. has agreed to pay $1.8 million to settle a lawsuit alleging 401(k) participants lost tens of millions of dollars when Aon’s overvalued company stock price collapsed...

The U.S. District Court for the Western District of Missouri has approved a $925,000 settlement of a lawsuit claiming NovaStar Financial continued to offer company stock in its...

For the first time since Cogent Research has been tracking investor allocations, it says wealthy Americans now hold more assets in individual retirement accounts (IRAs) than in workplace-based...

Half (52%) of affluent Americans believe that more could be done to assist individuals in their retirement saving efforts, according to a recent survey.

A report from Hewitt Associates suggests workers were able to recover a significant portion of the losses they sustained in 2008 simply by participating in their 401(k) plan;...

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...