A Buffalo, New York-area building products and steel processing firm has suspended its 401(k) match because of a slumping business climate driven by slowdowns in the housing and...
The combined assets of the nation's mutual funds decreased by $372.1 billion, or 4%, to $9.036 trillion in February, according to the Investment Company Institute (ICI).
Lancaster County (Pennsylvania) school districts are scrambling to track employees' 403(b) retirement contributions after a company hired to administer the funds failed to deposit some of the money...
One Pensacola public pension fund has filed suit and a second is considering going to court over allegations Merrill Lynch is responsible for what the funds claim are...
TIAA-CREF said it plans to intensify pressure on target companies that maintain business relations with the Sudanese government, and will divest from companies that fail to take meaningful...
Russell Investments found professional money managers were more bullish for fixed-income asset classes than equities for the first time in its survey’s five-year history.
Stock and bond funds experienced net outflows of $18.1 billion in February, reversing a $22.2-billion January inflow, according to the Financial Research Corporation.
Advisers continue to stick with the basics, using dividend-paying stocks or mutual funds and systematic withdrawals from mutual funds to fund their clients’ retirement income, according to Cerulli...
The Principal Financial Group Principal Financial Group Inc. said Friday it was suspending several employee benefits, including tuition reimbursement, anniversary gifts and employee recognition programs, as part of...
While still shying away from equities, investors are at their most optimistic about the global economy since December 2005, according to the latest Merrill Lynch Survey of Fund...
Total U.S. retirement market assets, including both defined contribution (DC) and defined benefit (DB) plans, tumbled 24% to $7.86 trillion in 2008, down from $10.3 trillion the prior...
AMCORE Financial is eliminating its cash contribution to retirement plans of all employees, but continuing to match 401(k) contributions up to a maximum 4%.