Investments

Shorter term Treasury Inflation Protected Securities — those with a bond maturity of zero to five years — do a better job of controlling inflation in a target-date fund than mid-term or long-term TIPS, according to SEI.

Industry regulator levies its largest penalty involving variable annuities after claiming a long-running effort misrepresented annuity features and steered clients into costlier products.

The cost would be triggered if the U.S. Treasury Department approves benefit cuts to protect the solvency of the Central States Pension Fund.

Already included as core offerings in most employer plans, SEC money market reform will likely make them even more attractive.

DC plan sponsors should be thinking about where they are going to find alpha, says BlackRock's Anne Ackerley.

Intended to hedge pension liabilities, seemingly safe bond investments have turned risky.

Intended to hedge pension liabilities, seemingly safe bond investments have turned risky.

In a more volatile market, DC plan sponsors should be thinking about where they are going to find alpha, says Anne Ackerley, managing director of BlackRock.

BlackRock Inc. plans to cut about 400 jobs in what may be the biggest round of layoffs to date at the world’s largest money manager, according to people with knowledge of the matter.

The robo advisory firm will use the capital for investment in its 401(k) business, says Jon Stein, the company’s founder and CEO.