More than one-third of the defined-contribution plan market is made up of small and mid-size plans, Cerulli Associates announced Thursday. The report notes that sponsors in this sweet spot have been underserved for years, opening opportunities to catch their business for recordkeepers, advisors, and third-party administrators who are able to...
The "Managing Retirement Decisions" series suggests consumers carefully time their retirement, as well as avoiding all solicitations on financial products and ignore their friends' and families' well-intentioned financial advice.
Lincoln Trust Co. last week released a report on six megatrends that would affect the retirement plan industry in 2012, including the new fee disclosure legislation and changing fiduciary standards.
In a move that may be a bad sign for the economy, Americans are spending more, and raiding their savings, college and retirement accounts to do so even as they take on more credit card debt.
Credit Suisse may act as the lender to the employee fund, and the reduction in so-called risk-weighted assets will reduce Credit Suisses capital requirements
HealthSpring Inc. shareholders have approved the insurer's planned acquisition by larger managed care provider Cigna Corp., moving the two companies closer to completing the deal.
New York Life Retirement Plan Services announced Wednesday the availability of a new service powered by Anova Consulting Group, a financial services market research and sales training firm, that it says will help retirement plan advisors assess client satisfaction and measure themselves against peers.