Retirement Advisor

If you’ve read about the alarming gender gap we’ve recently identified between men’s and women’s financial literacy, you might already know some of the risks it poses to plan sponsors from both a financial perspective and from a long-term cultural perspective.

A report released June 29 by the Investment Company Institute found that 401(k) participants paid lower expense ratios on stock mutual funds in 2010 than in 2009.

Corporate pensions’ funded status improved by $25 billion in June, according to Milliman Inc., on rising interest rates.

Too often a sale is lost because the salesperson blew it during the selling process.

Vanguard, a large turnkey 401(k) plan provider, recently documented trends among its millions of defined contribution (DC) plan participants in an informative report: The great recession and 401(k) plan participant behavior.

Bank of America Corp. has reached a deal to sell its Balboa Life Insurance Co. unit to Securian Financial Group Inc. a privately held insurance and retirement planning company based in St. Paul, Minn.

Job market shrinks, wellness programs expand to keep pace with employee waist lines.

A joint statement from two groups expresses concern over proposed pension accounting rules.