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Target-date funds pulled in $13.9 billion in the second quarter despite the nearly 3% loss on average, according to Morningstar.

The Obama administration on Friday said it is on track to set up federal health insurance exchanges by 2014 in U.S. states that fail to establish their own regulated insurance markets as required by the U.S. health care reform law.

The recent ruling of PPACA has created even a greater need for accurate benchmarking data proving the age old adage that if you can’t measure it then you can’t manage it. Advisers armed with information that drills down through national, regional, state, industry and company size will be better prepared to assist larger employers with employee acquisition and retention, and helping smaller employers make intelligent decisions on whether or not to pay or play. …

Transamerica Employee Benefits, Corporate Synergies Group, United Benefit Advisors, The Hartford, John Hancock Funds and others recognize employees in this week’s Comings & Goings

House Democrats on Wednesday introduced legislation that would expand the role of the U.S. Securities and Exchange Commission to conduct oversight examinations of investment advisers, a segment of the financial services sector that lawmakers on both sides of the aisle have agreed is under regulated.

One-third of “transition boomers,” those aged 55 to 65 and who are 10 years or fewer away from retirement, are unsure how much money they will need to cover basic living expenses in retirement, according to The Transition Boomers and Retirement Income Survey, from Allianz Life Insurance Company of North America.

Last month's Supreme Court ruling that upheld President Barack Obama's 2010 health care law could save the U.S. government some $84 billion over 11 years, the non-partisan Congressional Budget Office said on Tuesday.

Arthur J. Gallagher & Co. announced on Tuesday that its employee benefit consulting operation, Gallagher Benefit Services, Inc., has launched a private insurance exchange platform.

As Americans struggle in the recession’s aftermath to prepare for retirement, those who have taken the time to put together a financial plan feel more confident and report more success managing money, savings and investments than those who have not.

Active management of crediting rates on spread-based business, improved fee income driven by growth in assets, ongoing expense management, favorable investment results and selected acquisitions are all driving modest earnings improvement in 2012 for U.S. life insurers, according to Fitch Ratings.