The new regulations from the Department of Labor covering qualified default investment alternatives will have widespread ramifications for both financial advisers and insurance companies.
Nick Leeson, the rogue derivatives trader whose fraudulent transactions brought down London's venerable Barings Bank, has a new gig.
The North American Securities Administrators Association Inc. and the Public Investors Arbitration Bar Association want to remove industry arbitrators from securities arbitration panels, arguing that the presence of industry representatives makes the panels inherently unfair.
Hoping to steal the thunder from archrival Charles Schwab & Co. Inc.'s annual gathering of advisers this week, Fidelity Investments last week unveiled plans to spend $50 million to develop a wealth management technology platform aimed at advisers.
As November approaches, and 2007 comes to a close, investors are taking stock of their realized and unrealized gains and losses for the year.
Ladenburg Thalmann Financial Services Inc.'s acquisition last week of Investacorp Inc., could position the latter to be more active in recruiting representatives and financial advisers, as well as potentially buying smaller firms.
There is no shortage of technology solutions to help with retirement planning. Some are comprehensive packages that do — or promise to do — many things; others are more modest in their goals.
Just 23% of women in a recently released survey said that they were confident in their ability to retire with a lifestyle that they considered comfortable.
When the Federal Reserve Board cut the discount and federal funds rates by 0.5 percentage points Sept. 18, some critics charged that Fed Chairman Ben Bernanke and his colleagues had acted too quickly.
After his business fell apart, Ed May asked a former client to put money into a new set of investments.
Senior official says SEC has formed a working group to look into “rampant” insider trading among Street pros.
Some 77% of respondents to an InvestmentNews survey plan to reach out to clients in areas affected by wildfires.
The regulator said it would give temporary leeway to firms affected by the California wildfires.
The Oregon College Savings Plan will combine principal protection with upside potential.
The mutual fund trade group asks the state to repeal a new sales tax on investment advice services.
The worse-than-expected third-quarter losses raise questions as to the fate of chief executive Stanley O’Neal.
Legislation mandating complete transparency in 401(k) fees is set to be introduced in the Senate this week.
The Labor Department has turned down stable-value funds as a default investment in 401(k) retirement plans.
National Planning Holdings Inc. has begun a program to hire and manage an in-house licensed and trained assistant.
Two new tax efficiency tools are available to help advisers in portfolio management, specifically with the complex decision making as-sociated with their clients' stock holdings.
