Unum Group added a managed retirement fund to its 401(k) plan and paired it with automatic withdrawal options.
TA Associates acquired a "significant minority" stake in Apex Group, a global financial services firm.
Legislation requiring public companies to disclose ESG metrics was narrowly approved by the House, but its prospects are uncertain in the Senate.
In a world of historically low interest rates, what place do sovereign bonds have in a portfolio?
Maine's governor signed a law that would require the Maine Public Employees Retirement System to divest holdings in fossil-fuel companies.
A federal judge rejected a petition by MetLife to dismiss a lawsuit by retirees who contend they were shortchanged in their pensions.
Canadian investment giant Brookfield Asset Management is bucking the trend when it comes to hybrid work in a post-pandemic world.
U.K. charities face a 40% increase in aggregate defined benefit plan deficits due to proposed amendments to funding requirements.
How such funds respond to a changing world will determine how they will deliver on their mission to aiding members' financial well-being.
Investors detailed their expectations for financial reporting by U.S. oil and gas companies in regard to climate risk and stranded assets.
BlackRock will acquire and integrate business and technology consultant Baringa's climate-change scenario model into its Aladdin platform.
Church Commissioners for England returned 10.4% in 2020, attributable to gains in equities and some alternative asset allocations.
Florian Bezault was named head of AXA Investment Managers Americas, replacing Marcello Arona.
Fossil-fuel financing by U.S. fixed-income ETFs increased by 72% in 2020, despite money manager pledges to cut emissions from portfolios.
Moody's Investors Service upgraded its global money managers outlook to stable from negative, due in part to improved operating conditions.
RPMI Railpen will study how effectively U.K. companies are discussing and responding to social factors in the workplace.
Fitch Ratings raised its credit outlook on New York state to stable from negative, while keeping its AA+ rating on general obligation bonds.
More than 6 in 10 Americans would support a program offering government-matched retirement contributions to lower-income working Americans.
The Labor Department under the Biden administration is looking to make its own stamp on the fiduciary debate, much like its predecessors.