News

Montgomery, Alabama-based Colonial Bank, closed by authorities in August, has been hit with a stock-drop lawsuit by a retirement plan participant.

Morningstar Associates, LLC, has announced that USI Consulting Group is now offering managed retirement accounts through Morningstar Retirement Manager.

Alabama Attorney General Troy King has taken over a probe into at least $10 million in fees paid by to the Alabama State Employees Association from the 457...

PenChecks is offering a new service to help sponsors carry out mandatory distributions into an IRA.

A new study of MBA students suggests women with higher levels of testosterone are more likely to be less risk-averse and take riskier jobs in finance.

INVEST Financial Corporation (INVEST), a subsidiary of National Planning Holdings, announced a partnership with four banks to provide brokerage and investment services.

A new report suggests what employers can do to address health care and retirement concerns presented by an aging population.

Michael Clark, president of Fidelity Investments’ institutional products group, has stepped down from his post.

Northwestern Mutual Investment Services, LLC, City Securities Corporation, and Fifth Third Securities, Inc., are the latest firms to settle charges with FINRA over the sale of auction-rate securities...

The Financial Industry Regulatory Authority (FINRA) will implement increased margin requirements for leveraged exchange-traded funds (ETFs).

The U.S. District Court for the Southern District of New York has ruled that participants in two retirement plans sponsored by Citigroup failed to state a claim that...

Millennium Trust Company, a provider of custody and IRA services, announced it has been selected as the custodian for John Hancock's plan termination solution.

The majority (54%) of surveyed employees reported satisfaction with their company’s retirement program.

Having a due diligence process can ensure that a 403(b) plan is running smoothly.

Investment advisers who custody with Charles Schwab can now access a Web site boasting more intuitive tools to manage client accounts.

Advisors Trusted Advisor now offers the Roth 2010 Conversion Package, containing marketing tools, education materials, and a Roth conversion tool.

LPL Financial Corporation today launched its Retirement Plus Program as part of its efforts to beef up support for retirement plan-focused independent financial advisers.

Another advisory group braves the frontiers of being an independent firm.

Principal Financial Group said its new kit offers financial professionals marketing materials to identify and help clients through life events, such as retirement.

A federal judge in Los Angeles has preliminarily approved a $55-million settlement between Bank of America (BofA) and former employees of Countrywide Financial Corp.