Retirement

Mesirow Financial and PNC Institutional Investments have introduced an ERISA Section 3(21) and 3(38) fiduciary service for Vested Interest retirement plan sponsors.

Nearly 1 in 20 Americans older than 50 have artificial knees, or more than 4 million people, according to the first national estimate showing how common these replacement joints have become in an aging population.

Women investors demand more from and are pickier about financial companies and advisors they work with than men, according to a new study.

The Retirement Income Industry Association and the Defined Contribution Institutional Investment Association have agreed to jointly manage a new working group of financial services and retirement industry firms to help providers of retirement income products, services and solutions collaborate to include life income options in defined contribution plans.

The South Carolina House has approved a bill Republicans say further strengthens the state's already tough anti-union law.

Goldman Sachs Asset Management announced it will buy Dwight Asset Management, a Vermont-based stable value money manager, from Old Mutual Asset Management.