Investment Instruments

Boston-based Fidelity Investments secured its status as the leader in the defined contribution market with $17 billion in assets under administration in the first half of 2011, the financial service firm announced Wednesday.

The National Tax Sheltered Accounts Association (NTSAA) and the American Society of Pension Professionals & Actuaries (ASPPA) want to make it easier for 403(b) participants to compare retirement plan options.

Fidelity Investments is opening five stock mutual funds that seek to keep investor costs low by passively tracking stock indexes, rather than relying on professional managers to pick investments.

More than a third (35 percent) of all retirees receive income from an annuity, according to new analysis from LIMRA. Most who draw income from an annuity are older retirees, those above the age of 75.

Jeopardy champ attempts to revamp health care, while Congress looks to meddle with 401(k)s

Transamerica Retirement Services today announced Wednesday the launch of RetireTrack, a Web-based, interactive and customizable retirement savings tool for retirement plan participants.