News

Federal regulators have turned to the public for comment on how to formulate guidance on “phased retirement″ in-service plan distributions as provided for by the Pension Protection Act...

Rising market values continued to lift mutual fund assets last month, but new cash inflows were down from October’s pace.

Nearly one-third of Americans say not having enough to pay for health care is the biggest concern facing our nation in retirement.

Consolidation in the retirement services industry continued Friday with the announcement that the Charles Schwab Corporation will buy The 401(k) Company from Nationwide Financial Services.

The Department of Labor’s (DoL) September proposal governing qualified default investment alternatives (QDIAs) evoked applause from the retirement industry, but that approval was soon followed by a flood...

You may think things are crazy this time of year in your office – and they may well seem that way. Advisers are human, after all, and advisory...

Fidelity Investments launched four new sector funds Tuesday available through financial advisers, increasing the total of Fidelity Advisor funds to 92, including 14 sector funds or Focus Funds.

Facing a backlog of about 1,200 requests for Internal Revenue Service (IRS) determination letters on cash balance conversions, the agency announced Thursday that it had lifted a 1999...

Fidelity Investments has announced it will pay more than $42 million to its funds after a report issued by independent trustees of Fidelity’s board said some of its...

AXA Equitable has unveiled the Fiduciary Toolkit, a resource available through its Retirement Strategies 401(k) product aimed at helping small to mid-size defined contribution plan administrators manage their...

Deutsche Asset Management (DeAM) confirmed Thursday that it has settled proceedings with the Securities and Exchange Commission (SEC) and New York Attorney General Eliot Spitzer related to alleged...

Chubb Corporation announced on Thursday it will discontinue paying contingent commissions on all insurance lines in the United States beginning in 2007 as part of a settlement agreement...

A new survey has found a notable hike in the number of larger corporate employers offering 401(a) money purchase plans.

The Internal Revenue Service (IRS) and Treasury Department have issued final regulations that provide guidance concerning prohibited allocations and disqualified person requirements under section 409(p) of the Internal...

The sponsor of a 401(k) plan for employees at an Illinois racetrack is suing Principal Financial Group for fiduciary breach over revenue sharing arrangements with mutual funds whose...