With the prospect looming of the imposition of a federal medical device tax, an Elyria, Ohio, home-health products firm has suspended its 401(k) match and taken other cost-cutting...
Employers need to take steps to make defined contribution (DC) plans better primary savings vehicles, said Jamie Kalamarides, senior vice president of retirement solutions at Prudential Retirement.
TIAA-CREF announced it has kept its holdings in only one of five companies it targeted last year for potential divestment over their business relations with the government of...
Affluent and millionaire investors are heading into the New Year with sinking investment confidence, according to a monthly survey from Spectrem Group.
On the heels of a financial crisis that shook both the financial services industry and investors worldwide, a new report catalogs a surge in mutual fund flows—and a...
Salt Lake City-based Intermountain Healthcare will resume and increase its contributions to employee 401(k) retirement savings plans next month, but the company is ending part of its traditional...
Still cautious about a slow U.S. economic recovery, package shipper FedEx Corp. announced it would reinstate half of its 401(k) match as well as its merit salary increase...
U.S. money managers participating in a recent Russell Investments poll are apparently an optimistic bunch, predicting equity markets still have room to grow during 2010.
Investors expect moderate economic growth and solid returns in global equities in 2010, according to the BofA Merrill Lynch Survey of Fund Managers for December.
In a background of lingering uncertainty for investors, many mutual fund managers have continued to attract significant inflows to their stock and bond funds in 2009.
While November’s mutual fund inflow to fixed income still added up to $33 billion, that was down from the $40 billion pumped into bond funds for each of...
John Hancock Funds has completed the adoption of Fiduciary Management Associates’ FMA Small Company Portfolio, and has launched it as the new John Hancock Small Company Fund (JCSAX).