The number of workers financially unprepared for retirement is at crisis levels, according to 78 percent of African American small business owners.

Newkirk has released new communication tools designed to help plan sponsors alleviate participant confusion around upcoming fee disclosure rules and minimize potential call center inquiries.

Merrill Lynch, Pierce, Fenner & Smith Inc. has settled allegations by the U.S. Department of Labor that the company and one of its employees violated the Employee Retirement Income Security Act by failing to prevent the fiduciaries of two Alabama pension plans from engaging in prohibited transactions.

The U.S. Department of Labors newly revised interim policy on electronic disclosure clarifies that plan administrators and their service providers will not be out of compliance with the Employee Retirement Income Security Act (ERISA) if they use continuous access websites to impart required disclosure information.

Employers who want to keep retirees' assets within their company-sponsored retirement plans need to reach out to people personally, according to a new LIMRA study.

Pension plans saw a $7 billion decline in market value and a $1 billion increase in pension liabilities in November.

People are living longer, which can complicate retirement planning, according to Northwestern Mutual. With longevity on the rise, individual retirement planning needs to include asset accumulation and savings, as well as strategies for managing the personal and financial risks that can arise when you live into your 80s or 90s.

The number of labor force participants over age 65 has increased about 22 percent in the past three years. Many individuals who thought they would be able to retire when they reached age 65 are reconsidering because of the economic downturn and lack of savings. So they just keep on...