Measure dramatically raises amount families can dole out tax-free; 'take it while you can'
Wells Fargo & Co. may expand by taking over non-bank companies, including wealth-management or insurance businesses, chief executive officer John Stumpf said.
Wilmington Trust Co., the Delaware bank founded by the du Pont family and being bought by M&T Bank Corp., sued three former company vice presidents who defected to Citigroup Inc., allegedly with proprietary data.
Does providing a list of options constitute advice?
Survey finds U.S. citizens still not overly interesting in stashing cash away
Bring on the fiduciary standard. In a recent InvestmentNews survey of almost 600 advisers, registered reps, financial planners, insurance agents and others, 69.2% said that they agree with the SEC's staff recommendation that any financial professional giving personalized investment advice be deemed a fiduciary
Will serve as managing director for firm with $7.1B in AUMs; outfit started out as John D.'s family office in 1882
Rejiggered, standalone line of business now reports directly to the CEO; meanwhile, investment product management boss departs
Lawyers cite risk of information overload; 'confusing' to participants
Company says O shares won't have front-end load, making them cheaper than other contracts; will likely discourage exchanges
More detail? Less detail? Groups disagree about the DOL's plan to hike disclosure about the funds
Rule requiring greater disclosure draws fire from retirement plan providers
Section 401(k) of the Internal Revenue Code went into effect in 1980 and subsequently launched what has become the largest private-sector retirement plan in the United States.
Pressure is mounting to prop up the sagging Social Security system. Requiring workers to set aside some money of their own may be the solution.
With two of the most severe bear markets of this century fresh in their short-term memories, affluent investors — particularly the youngest investors — appear to be quite skittish about investing in anything but the safest of asset classes.
A new health insurance tax credit could hit some small financial advisory firms in their sweet spot — but only if they fit a specific profile
American workers and retirees are more hopeful about the economy now than they were in the third quarter, but both groups remain worried about their own finances, according to a survey released today.
A proposal to cut by more than half the total amount employers and employees may contribute to their defined-contribution plans could spur some employers to kill the plans, industry lobbyists say.
Rep. Ryan's plan envisions big cuts to Medicare, Social Security, but also caps tax rate at 25%
