The Principal Financial Group now offers a service to help financial advisers work with their business owner clients to ensure buy-sell agreements are more effective.
Wachovia Bank, a subsidiary of Wells Fargo&Company, has agreed to acquire the defined contribution plan recordkeeping business of Texas-based Comerica Bank.
In response to the market downturn, financial advisers are adjusting how they construct and manage portfolios to meet the income needs of clients living in retirement, according to...
Van Kampen Funds has launched a new series of six equity mutual funds advised by Van Kampen Asset Management and sub-advised by O'Shaughnessy Asset Management (OSAM).
JPMorgan Chase&Co. did not violate the Employee Retirement Income Security Act (ERISA) with its 1989 conversion to a cash balance pension plan and subsequent plan amendments, a court...
TIAA-CREF has developed an offering that seeks to provide employees of nonprofit institutions a way to save during their working years for health care expenses in retirement.
Automatic enrollment has helped some 403(b) plans see participation boosts, but many plans still need to overcome the challenge of getting employees to save.
The Financial Industry Regulatory Authority (FINRA) said it fined Centaurus Financial, Inc. (CFI) $175,000 for its failure to protect certain confidential customer information.
While most high-net-worth (HNW) individuals are satisfied with their primary advisers, 13% plan to shop around for a new one, according to a study by Phoenix.
NFL Alumni, an organization started 40 years ago to seek pension benefits for the pioneer players of the NFL, will expand its membership and the scope of its...
The extent to which investors delegate investment decisions to their advisers seems to shape how much investors value the relationship, according to the Investment Company Institute (ICI).