Industry blogger Michael Kitces questioned the board's decision to automatically extract a $25 donation when certificants pay annual dues.
The insurer joins other firms such as Fidelity Investments and Ameriprise Financial in settling allegations over excessive 401(k) fees in their own company plans.
Blooom hopes to use her experience in financial crisis, student debt to push company forward.
The deal is the largest under the tenure of Microsoft CEO Satya Nadella.
Advisers who use Microsoft programs can expect new enhancements on the horizon.
Prominent researchers are embracing the home equity product as a key retirement planning tool. Will advisers follow? <b><i>(Related: <a href="//www.investmentnews.com/gallery/20160610/FREE/610009999/PH/9-surprising-ways-to-use-a-reverse-mortgage"" target=""_blank"" rel="noopener noreferrer">9 surprising ways to use a reverse mortgage</a>)</b></i>
Letter directs top regulator Richard Ketchum to do more to stop repeat offenders and the firms that hire them.
Finra's CEO was one of the sharpest critics of the proposed rule, but now he's praising the Labor Department. <i><b>(More: <a href="http://www.investmentnews.com/section/fiduciary-focus" target="_blank">Coverage of the DOL rule from every angle</a>)</i></b>
LinkedIn rolled out a new feature this month to help its users find professionals, including wealth managers and Certified Financial Planners.
On tap for 2016: Fiduciary duty comes to fruition?
The first wave of boomers turns 70½ and must start taking distributions from their retirement savings.
Sweep reminds broker-dealers they're going to be held accountable for hiring brokers who prove not fit to work in the industry.
Finding a policy that works in the best interests of your clients not as hard as you think
Advisers should push young clients, or clients with young-adult children, to get powers of attorney governing health care and financial assets.
Even if you have prepared, following a death there are several steps that generally require immediate attention.
Set aside that money at the beginning of workers' careers in order to leverage the magic of 50 years of compounding returns in a 50-50 portfolio. Of course, they'd have to pay the money back.
Congressional threat to the Labor Department's retirement advice regulation gets nixed by White House, while D.C. court says it will hear a case against the rule.
Choosing between a traditional and Roth 401(k) is essentially a bet on how your clients' future income tax rates will compare to their current rate.
After the firm terminated its relationship with the adviser, it denied him access to client information.
Four states introduce accounts that help families save for special needs children
