White Plains, N.Y.-based Pentegra Retirement Services has purchased Advanced Pension Solutions, a third-party retirement plan administration firm in Blacklick, Ohio and Louisville, Ky.
Rising equity markets and falling liabilities in December pushed the funded status of the typical U.S. corporate pension plan into positive territory in 2012.
Prudential has teamed with American Century Investments line-up of target-date funds to create Prudential IncomeFlex Target with LIVESTRONG Portfolios.
The bulk of consumers who experience financial woes say it was their own fault, according to a new poll by the National Foundation for Credit Counseling.
Pension funding dropped even further in 2012, despite the efforts of plan sponsors who contributed more to their plans in an attempt to bridge their funding gaps.
The Financial Industry Regulatory Authority has ordered a New Jersey company to pay more than $10.7 million in restitution, plus interest, to customers who placed mutual fund orders with Pruco Securities, LLC, via facsimile or paper orders from late 2003 to June 2011 and received an inferior price for their...