Seeking to enlarge its footprint in the small- and midmarket-retirement-plan area, Neuberger Berman LLC has brought on a trio of wholesalers
Scrutiny over whether broker-dealer representatives are employees or independent contractors is heating up again in California as a bill works its way through the state Legislature that would punish firms for willful misclassification
A Fidelity survey of married couples finds that they aren't on the same page when it comes to retirement planning, finances.
A raft of likely new taxes and rising taxes will hit the well-off hard in the wallet, say planning experts. How hard? Some can expect double-digit hikes. Yikes.
Planned regulations will hike the standard of care for those who advise DC plans. That should give RIAs a good chance of picking off assets from brokers and wirehouse advisers.
Female retirement plan participants appear to display a greater inclination to place assets in target date funds than in target risk funds
Who'd a thunk it? Life insurers, now cash-rich, have rebounded nicely from the financial crisis. But their shares are still cheap compared with those of banks, analysts say.
Number of high net worth individuals swells, as markets recover; good two years for Houston
The Securities and Exchange Commission staff member who coordinated its study of a universal fiduciary duty for retail investment advice said last Monday that a follow-up regulation won't come until later in the year
Almost half of over 1,000 adults who said they have a financial plan said theirs hasn't moved beyond the idea stage, 42% have committed their plan to paper and just 11% have basic notes or ideas, such as thoughts scribbled on the back of a cocktail napkin, a recent survey has found.
Ultimately, the government's attempt to balance the budget will slam the under-55 set, says one tax expert. Uncle Sam's plan, says Andrew Friedman, will include an end to FICA caps -- and the debut of means testing when the group becomes eligible for Social Security.
Foreign direct investment in the U.S. increased by 49% in 2010, rebounding from 2009 levels during the height of the credit crunch.
Officially, the inflation rate may be negligible, but senior citizens have seen their purchasing power erode by 32% since 2000, according to The Senior Citizens League, a nonpartisan group that lobbies for seniors' rights to benefits
Blame 'pace of society' for inability to reach retirement goals; meanwhile, holiday spending on the rise
Investors prefer to get their retirement income plans in writing, but advisers tend to back away from giving clients a detailed blueprint, a Fidelity Investments survey has found.
Aiming to curb the number of individuals who are likely to outlive their retirement savings, the Treasury Department soon will offer guidance on lifetime income options that 401(k) plan participants should have available when they retire
Aviva Life and Annuity Co. late last month filed suit in federal court against a handful of life insurance agents, claiming that they fraudulently sold coverage to some 119 church members
Despite talk of possible purchase of Morgan Keegan, Taft says bank not eyeing 'transformational deals'
Bank aims to attract clients by requiring lower minimums on investable assets than rivals
Reactions to the Certified Financial Planner Board of Standards Inc.'s new requirements for ethics continuing-education programs have been mixed
