The pension and actuary group sends a mea culpa to members after a financial advisory firm got hold of the association's mailing list for an upcoming conference.
The Labor Dept. is readying a proposal that would force service providers to make more plan info available. Meanwhile, a House committee is said to be unveiling similar legislation this week
Charities are getting increasingly nervous that the repeal of the estate tax may mean fewer donations this year from wealthy investors who opt instead to leave their estates to their families.
The Senate Special Committee on Aging is considering proposing legislation that would require all managers of qualified default investment alternatives to act as fiduciaries under ERISA.
Senate Banking Committee Chairman Christopher Dodd, D-Conn., is expected to introduce new financial reform legislation this week that excludes applying a fiduciary standard to brokers offering investment advice.
The trial over a 401(k) fee lawsuit against ABB Inc. is continuing on despite a workplace shooting at one of the company's factories on Thursday, in which the shooter was a plaintiff in the suit.
Preparing for a shift in the economic climate, several fund companies are launching funds designed as inflation hedges.
Over the past year, at least six young couples have come to investment adviser Susan Spraker in desperate need of financial help.
Allianz Global Investor Solutions is planning to lower the fees on its target date and target risk funds in the next few months, according to a firm executive.
Fidelity Investments is discussing adding non-proprietary target date funds to its adviser-sold 401(k) platform.
