Advisor News

Displaying 26622 results
Dismissal of small 401(k) plan excessive-fee lawsuit 'highly atypical'
RETIREMENT PLANNING JUL 20, 2016
Dismissal of small 401(k) plan excessive-fee lawsuit 'highly atypical'

The case, which involved a $9 million plan, was voluntarily dismissed by plaintiffs in an unusual turn of events.

By Greg Iacurci
Transamerica settles 401(k) excessive-fee lawsuit with its employees for $3.8 million
RETIREMENT PLANNING JUL 20, 2016
Transamerica settles 401(k) excessive-fee lawsuit with its employees for $3.8 million

The retirement plan provider joins a list of other financial firms that have settled excessive-fee lawsuits with their own employees.

By Greg Iacurci
Vanguard CEO Bill McNabb tells advisers to embrace robos or fall behind
FINTECH JUL 20, 2016
Vanguard CEO Bill McNabb tells advisers to embrace robos or fall behind

Forget desktops. The future is about mobile and phones.

By Jeff Benjamin
FINTECH JUL 20, 2016
The mobile edge: Moving your business across the digital divide

Your client's cell phone could be the biggest boost to your business.

By Joe Duran
Finra proposes rules to restrict political contributions by brokers
PRACTICE MANAGEMENT JUL 20, 2016
Finra proposes rules to restrict political contributions by brokers

Regulator is following up on similar rules the SEC put in place for investment advisers.

By Greg Iacurci
REGULATION AND LEGISLATION JUL 19, 2016
Former Eagles player defrauds football coaches, others out of $6 million

SEC complaint alleges Merrill Robertson Jr. and partner promised 20% and took client funds

By Liz Skinner
FINTECH JUL 19, 2016
These cases can save your phone from the brink of disaster

Now you no longer have to worry about dropping your phone or running out of power.

By Sheryl Rowling
RETIREMENT PLANNING JUL 19, 2016
Franklin Templeton sued by employees for self-dealing in 401(k) plan

The asset management firm joins the likes of American Century Investments and New York Life, which were also sued by employees for using proprietary funds in their 401(k) plans.

By Greg Iacurci
New York Life sued by employees claiming excessive 401(k) fees
RETIREMENT PLANNING JUL 19, 2016
New York Life sued by employees claiming excessive 401(k) fees

Employees are suing for alleged self-dealing and fees charged by a company-affiliated index fund, which plaintiffs claim enriched New York Life at the expense of employees' retirement savings.

By Greg Iacurci
Why financial advisers should focus on readiness before growth
OPINION JUL 19, 2016
Why financial advisers should focus on readiness before growth

Adding significant growth can put a strain on a firm's infrastructure without proper preparedness.

By Sheryl Rowling
REGULATION AND LEGISLATION JUL 19, 2016
House overwhelmingly approves expanding accredited-investor pool

Lawmakers sent a strong signal this week to financial regulators that more investors should qualify to buy unregistered securities.

By Mark Schoeff Jr.
U.S. comes in 14th in global ranking of retirement security
RETIREMENT PLANNING JUL 18, 2016
U.S. comes in 14th in global ranking of retirement security

A common element of countries among the Natixis study's top 10 are compulsory workplace savings programs.

By Bloomberg
EQUITIES JUL 18, 2016
The fiduciary conundrum of charging lower fees for bond allocations

<i>Breakfast with Benjamin</i> Can charging lower fees for bond investments be both the right thing to do and a violation of your fiduciary duty?

By Jeff Benjamin
U.S. comes in 14th in global ranking of retirement security
RETIREMENT PLANNING JUL 18, 2016
U.S. comes in 14th in global ranking of retirement security

A common element of countries among the Natixis study's top 10 are compulsory workplace savings programs.

By Bloomberg
Dallas court schedules hearing for lawsuits against DOL fiduciary rule
REGULATION AND LEGISLATION JUL 18, 2016
Dallas court schedules hearing for lawsuits against DOL fiduciary rule

Chief Judge Barbara M.G. Lynn is expected to issue a summary judgement on three consolidated lawsuits.

By Mark Schoeff Jr.
Administrative 401(k) mistakes now cost more
RETIREMENT PLANNING JUL 18, 2016
Administrative 401(k) mistakes now cost more

The Labor Department is increasing payouts for civil penalties related to retirement plans.

By Greg Iacurci
How to correct Social Security earnings records
RETIREMENT PLANNING JUL 18, 2016
How to correct Social Security earnings records

Mistakes in reported earnings can reduce future benefits.

By Mary Beth Franklin
FINTECH JUL 18, 2016
T3 tech conference partners locked in legal fight over profits

Lawsuit claims Joel Bruckenstein never paid Bill Winterberg half of the profits from a 2015 event.

By Alessandra Malito
MassMutual turns to video games to boost retirement savings
RETIREMENT PLANNING JUL 18, 2016
MassMutual turns to video games to boost retirement savings

The newly developed video game seizes on the concept of gamification to improve participant behavior regarding retirement savings.

By Greg Iacurci
REGULATION AND LEGISLATION JUL 15, 2016
Candidates for Finra board want greater focus on regulatory pain of small firms

Four nominees were announced Friday after qualifying for the ballot.

By Mark Schoeff Jr.