Compliance

President Barack Obama’s budget blueprint released on Thursday includes proposals for an automatic IRA plan for workers and an expansion of the Saver’s Credit.

The U.S. Senate Special Committee on Aging held a hearing about the economic downturn’s effect on retirement security, particularly for those who are on the brink of retirement.

Two managing general partners of WG Trading Co. of Greenwich, Connecticut, have been charged with running an estimated $550 million investment fraud.

The nation has a new Secretary of Labor.

While individuals speaking during the U.S. House Education and Labor Committee’s hearing on “Strengthening Worker Retirement Security″ described the nation’s retirement system as being “in peril,″ lawmakers were...

A representative of several business groups testified before a state legislative committee Tuesday to oppose a proposal for the state of Connecticut to sponsor a 401(k) plan for...

The Internal Revenue Service (IRS) Tuesday published final rules relating to automatic contribution arrangements to reflect provisions of the Pension Protection Act and the Worker, Retiree and Employer...

New York's attorney general filed a court motion on Monday to force former Merrill Lynch CEO John Thain to discuss $4 billion in employee bonuses, according to a...

I’ve spent most of my life, certainly my adult life, confident that Americans, certainly in large part, are reasonable and rational.

The market’s impact continues to weigh on the nation’s retirement security – and it seems that Congress wants to do something about it.

Stanford Group Cos., the investment house run by disgraced billionaire R. Allen Stanford, has served as the financial advisor to AirTran Airways Corp.’s 401(k) plan – but participants...

New York State Attorney General Andrew Cuomo subpoenaed Kenneth Lewis, chairman and CEO of Bank of America (BoA), Thursday, according to published reports.

Blackberry maker, Research in Motion (RIM), and four of its senior executives have agreed to settle stock option backdating charges brought by the U.S. Securities and Exchange Commission...

The Securities and Exchange Commission (SEC) Tuesday charged Robert Allen Stanford and three of his companies—including the broker/dealer and investment adviser arms—for orchestrating a massive fraud.

The Internal Revenue Service (IRS) recently cleared up some confusion about its relief of the written plan document requirement for 403(b) plans.

We got another verdict on those infamous revenue-sharing lawsuits last week.

A San Diego law firm has filed a federal court lawsuit against OppenheimerFunds over allegations fund managers concealed the fact that they had moved the Oppenheimer Champion Income...

The attorney general of North Carolina is seeking justification for the bonuses being paid to executives at the Charlotte-based Bank of America (BoA).

A lower court was correct in dismissing the lawsuit over unreasonable fees related to investments filed against Deere&Co. and two Fidelity units, an appellate court ruled Thursday.

Financial Industry Regulatory Authority (FINRA) said Thursday that it has fined two Wachovia units more than $4.5 million for violations related to the sales of mutual funds and...