The high court decided that a court in Puerto Rico had no jurisdiction to order the seizure of property from Catholic entities in order to fulfill a court judgment to pay $4.7 million in pension benefits.
The plaintiffs allege Hilton is not using an elapsed time method dictated by a prior court decision.
“The use of mortality data that is over 40 years old could, plausibly, be unreasonable,” the ruling states.
TRA brings back former sales rep; Alan Biller and Associates announces new CEO; National sales director joins Aspire; and more.
The new regulations, which go into effect on March 6, will require broker/dealers and their agents to provide investment advice and recommendations 'without regard to the interests of anyone but the customer.'
The Department of Labor brought the underlying case and has argued successfully in opposition to the defendants’ dismissal motion, which has now been denied.
One source says the discount brokerage industry of the previous decade is being “merged away,” and that this latest M&A transaction could raise anti-trust scrutiny on other ongoing deals.
Retirees sued for denial of benefits, claiming Delta was wrong to offset their pension payments by a workers' compensation settlement they received.
Advisers will play an important role in helping plan sponsors perform their due diligence and helping participants accept annuities.
American Beacon and asset management firm launch bond fund; Hartford Funds and Wellington Management release ETF; and Vanguard announces lower expense ratios on select ETFs.
They have filed a motion to have the plaintiffs' attorneys disqualified.
Users can get a free session with a certified financial counselor or enroll in a formal debt management plan for a fee.
The goal of the collaboration is to expand awareness of refinancing as a potential solution for those looking to simplify their student loan payments and get a lower interest rate.
CAPTRUST has continued its serial acquisitions, but the biggest merger and acquisition news of early 2020 has been the acquisition of Legg Mason by Franklin Templeton.
Plan sponsors who elect to add equity compensation services will have real-time financial analysis, modeling tools and support of multiple languages and currencies integrated within Vanguard’s existing participant web portal.
With the click of a button on John Hancock Retirement’s participant site, participants can create an emergency savings account.
With the acquisition, Franklin Templeton will preserve the autonomy of Legg Mason’s affiliates, ensuring that their investment philosophies, processes and brands remain unchanged.