Starbucks announced to its U.S. employees that it will make the company discretionary match to the Future Roast 401(k) Savings Plan for the 2009 plan year.
Kane County (Utah) Hospital employees whose 401(k) retirement plan accounts have been frozen by the Internal Revenue Service (IRS) are threatening to sue the hospital.
Testifying before the U.S. Department of Labor’s ERISA Advisory Council, James King, Jr., vice president and head of Prudential Retirement’s Stable Value Markets Group, urged that stable value...
U.S. ETF asset flows were marked by a continued shift away from large cap and developed international equities during the first half of the year and into emerging...
The number of federal securities class action cases filed in the first six months of 2009 dropped by 22.3% over a year earlier, according to the latest data...
401(k) participants continued their search for higher returns in June by moving almost $270 million out of fixed-income into a range of equity offerings, according to the latest...
Investment managers expect corporate earnings to increase in the next three months, and a majority expect global GDP growth to accelerate in the next six months, according to...
The stock market rally that continued throughout the second quarter ended the string of six consecutive quarters in which the average target-date fund lost money, according to the...
U.S. stock and bond mutual funds generated the best quarter of long-term fund inflows in more than two years during the second quarter of 2009, according to Strategic...
U.S. equity brokers said the pool of commission dollars they earn on institutional trades of domestic equities could fall this year by 23%, back to 2007 levels.
The economic crisis erased just under $10 trillion in professionally managed assets in 2008, with the bulk of the decline seen in the final quarter, according to Cerulli...
A new report from Finadium suggested that asset managers have learned from hedge funds that investors seek a wide variety of risk and reward characteristics in their investment...
Zep Inc. will begin contributions to its employees’ 401(k) retirement accounts this month, nearly six months after it suspended them as part of a plan to return to...
As if American International Group (AIG) hasn't been picked on enough, late yesterday the New York Stock Exchange (NYSE) posted a notice of suspension and delisting for AIG...
At a time when employers changing their 401(k) match typically focus on their existing workforce, one Nebraska employer has trimmed its match for new hires only.
The global economy remains fragile, but the worst of the recession “is now in the rearview mirror,″ said Robert Doll, vice chairman and global chief investment officer of...