With anticipation building about its $600 million IPO, LPL Investment Holdings Inc. last week said that it is acquiring the assets of National Retirement Partners Corp., an advisory and brokerage firm that specializes in defined-contribution retirement plans.
Fidelity Investments introduced a free online Roth IRA conversion calculator Tuesday for its independent registered investment advisers and the broker-dealer clients that clear through National Financial Services LLC.
In retirement, your paycheck might go away, but taxes won't.
Almost a year after a court dismissed a complaint against Wal-Mart over its 401(k) plan fees, the 8th U.S. Circuit Court of Appeals has brought the case back into play.
In the next two weeks, members of Congress are expected to decide on the fate of legislation that would have severe implications for every firm that advised 401(k) plan participants, or planned to.
Utah announced modifications to its Section 529 college savings plan today, including lower fees on some investment options and more flexibility in asset allocation.
“Headline risk” associated with municipal bonds went up today when the U.S. Census Bureau released data that state government tax collections totaled $715.2 billion in fiscal year 2009. That's a decrease of nearly $67 billion (8.6%) from fiscal 2008.
BrightScope Inc., a provider of 401(k) plan ratings, today introduced a new online tool that provides investors with personalized data about how much they are paying in fees in their retirement plans.
Caterpillar Inc.'s announcement that it has reached a tentative settlement over the fees it charged its 401(k) plan participants may be bad news for plan sponsors, their advisers and mutual fund companies.
New targets have surfaced for lawsuits over 401(k) fees: small retirement plans, their investment advisers and service providers.
Lord Abbett & Co. is offering discounts to clients who open an individual retirement account by April 15.
Although Aviva USA Corp. already has an established strength in its lineup of indexed products, the insurer has its eye on the next innovation: a guarantee wrapper with a managed account or 401(k), according to chief executive Christopher J. Littlefield.
U.S. clients with more than 1 million Swiss Francs in offshore accounts with UBS could be ratted out.
If there is one word to describe Donald Robert Pitti, the financial planning pioneer who died Dec. 18 at the age of 80, it would be “enthusiasm.”
A judge in Massachusetts throws the book at an adviser who swindled the heirs of gilded-age industrialist Frederick Ayer, Jr.
Advisers have a real opportunity to serve the needs of clients who are saving for retirement — especially women.
The nation's 10.2% unemployment rate — the highest level in 23 years — is being viewed by some analysts not as a peak but as the beginning of a sustained period of above-average unemployment.
Total assets in target date funds will grow to $2.6 trillion by 2018, attracting 80% of new and reallocated flows into defined-contribution plans for the next decade, according to a projection in a recent Casey Quirk & Associates LLC report.
In the wake of the performance meltdown of many target date funds, a growing number of 401(k) plans are adding target risk funds to their lineup.
