Retirement Advisor

Sponsors of private, single-employer defined benefit pension plans are facing increasing funding requirements due to a combination of interest rate and equity market conditions, according to a new report.

For the third quarter of 2011, the John Hancock Investor Sentiment Index score is +10, a significant drop from the +18 score in the years second quarter and from the +22 score of the inaugural index in Q1 2011.

The funding deficit for the nations 100 largest corporate pension plans grew in September, increasing by $124 billion, according to Millimans 100 Pension Funding Index. This was the largest monthly drop in the plans funded status in 11 years, the report said.

Stocks got a lift Friday by news that the U.S. economy generated more jobs than anticipated over the past three months, reinforcing hopes that the world's largest economy will not be sliding back into recession.

SCOTUS eyes PPACA, plan fees in the spotlight and the enemy within...

Total U.S. money market mutual fund assets rose $4.87 billion to $2.639 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.

BlackRock Inc. has launched three new mutual funds featuring alternative investment strategies for the firms U.S. retail and high net worth client base.

The Treasury Department plans to release soon guidance for employers on how best to integrate lifetime income products into 401(k)s and other employer-sponsored retirement plans, while the Department of Labor plans to follow with similar guidance early next year.