401(k) participants who have borrowed from their investments rose from 9% in 2005 to 18% in 2007.
Connecticut is seeking to become the first state to offer a low-cost 401(k) plan designed for small businesses.
Ambrose Bierce, the famous American journalist, defined the word "oath" as a "solemn appeal to the deity, made binding upon the conscience by a penalty for perjury."
In this election year, no one is discussing the elephant-in-the-room problem that is devouring an ever-larger share of the nation's federal budget — Medicare.
The Securities and Exchange Commission charged the vice chairman of the International Securities Exchange and two financial consultants with alleged insider trading.
Over the past six months, I have done extensive research on the best ways to draw down assets to create retirement income, including looking at the effect of taxes on that process.
RBC Dain Rauscher last week rolled out a new name and a new technology platform.
Financial advisory firms have evolved from home-based businesses, to one-man shows, to full-fledged, thriving enterprises with multiple professionals and sometimes many staff members.
The following is an edited transcript of the round-table discussion.
Competition is heating up in the normally sedate world of portfolio-re-balancing software.
The SEC's proposed changes to Regulation S-P may slow down recruiting of independent reps, but executives with independent broker-dealers nonetheless are relieved that the agency has given some potential guidance on the issue.
Two tax reform issues are likely to collide over the coming months, and the fallout could be painful for high-income taxpayers.
The firm's version 5.2 of its eMoney Advisor 360Pro suite of online financial planning tools will launch this month.
Problems come and problems go, but linking adviser tools so that data entered once can populate several software programs — that's a problem that seems eternal.
Republicans plan to introduce a bill that would make compliance with some provisions of Sarbanes-Oxley voluntary for banks.
Federal Deposit Insurance Corporation chairperson Sheila Bair said most financial institutions remain well capitalized.
Dan Skiles, vice president of Technology for Schwab Institutional, discussed the many issues his team has confronted.
Changes to defined benefit plans will slow considerably this year, with 72% of plans surveyed by Hewitt Associates saying they would not likely make any changes to their plans this year, compared to 41% in last year’s survey.
