Finra arbitrators ruled on the estate's claim that Morgan Stanley ignored rules laid out by a court for how funds in the estate were to be handled.
The $197 billion RIA is heading to Texas after Washington state refused to dial back a 7% tax on capital gains.
Once approved by the court, it is expected to benefit more than 64,000 people covered by the Coca-Cola retirement plan since February 2015.
Marder succeeds Lori Lucas, who retired at the end of 2022 after joining EBRI as president and CEO.
Its decision follows a ruling Friday by the Washington State Supreme Court allowing the state to impose a capital gains tax.
James Andrus had been at the pension system since 2014 and most recently served as its interim managing investment director for sustainable investing.
Park will lead the company's US retirement plan and record-keeping unit, overseeing all aspects of the business.
Companies are also likely to add financial wellness benefits, such as emergency savings funds, over the next few years, according to experts polled by Transamerica.
A Fidelity survey produces a retirement score of 78 in 2022, down from 83 in the previous survey in 2020.
J.P. Morgan’s experts advise those in retirement to set aside three to six months of income to prepare themselves for major life, health or financial surprises.
The firm, which is on a crusade against the use of ESG factors in investing, announced that it's launching a pooled employer plan.
Greenville-based Goldfinch Wealth Management will be Mariner’s first office in the state.
Even though the S&P 500 fell 19% last year, fund managers’ sales of securities to adjust their positions can result in capital gains.
Sen. Elizabeth Warren, D-Mass., and three colleagues urge Treasury Secretary Janet Yellen to curb the use of grantor retained annuity trusts in the name of tax fairness.
The new service combines tax data and cost-basis reporting into a single offering for banks, broker-dealers and custodians.
The attorney for Massachusetts-based Jeffrey Cutter fires back at SEC, saying the agency is 'flat out wrong' and accusing it of trying to 'get a toehold into regulating the insurance industry.'
The measure would have rescinded the DOL rule allowing retirement plans to consider environmental, social and governance issues in their investment decisions.
The InvestmentNews staff plans to ask policy and financial experts in the coming months about their vision for the future of Social Security in the 21st century.
While home prices have cooled in response to rising mortgage rates, there's still decent money to be made by retirees willing to employ a 'retire and relocate' strategy.
Co-founder Vivek Ramaswamy, who recently stepped down to campaign for president, has said he wants to take politics out of investing.
