Sara Hansard
Incoming NAPFA chairman William Baldwin is looking to find ways to keep firms involved in the 2,150-member organization once they get larger.
Don't blame state regulators for the financial crisis; blame those who took power away from state regulators.
Participants in 401(k) plans do not want the government to require them to convert a portion of their 401(k) assets to annuities, according to the results of a survey of about 3,000 households released today by the Investment Company Institute.
Encouraging employers to offer annuities in pension plans will be one of the Labor Department's top regulatory goals in 2010.
The Securities and Exchange Commission will reassess the 12(b)-1 fees collected by brokers as compensation for selling and servicing mutual funds, SEC Chairman Mary Schapiro said today.
Wells Fargo Investments LLC has agreed to return approximately $1.3 billion to investors who suffered losses in the auction rates securities market, according to a statement released by the North American Securities Administrators Association Inc this morning.
Eight U.S. senators want Congress to oppose International Money Fund and World Bank loans to the government of Antigua and Barbuda until that government compensates victims of Stanford Financial Group. Stanford International Bank was located in Antigua.
Legislation that would require that all fees be disclosed to 401(k) plan participants in simplified form is needed, most of the panelists at a hearing on the legislation today testified.
Retirement savings for workers automatically enrolled in individual retirement accounts under the administration's fiscal-2011 budget proposal would be invested in Roth IRAs — unless they chose otherwise.
The Obama administration today announced plans to require employers to give their employees the option of enrolling in direct-deposit individual retirement accounts.
