Many people in the developed world say they do not understand financial planning and do not know where to turn for help with financial matters, according to a...
Charles Schwab established a new business unit, Institutional Services, to serve the needs of independent investment advisers, corporate benefit plan sponsors, and third-party retirement plan recordkeepers.
John Hancock Financial Network (JHFN) is implementing a business model offering financial professionals a choice of three types of affiliation, based on the level of independence and support...
Nuveen Investments announced the creation of Nuveen Alternative Investments, a new unit designed to serve the needs of institutional investors seeking alternative forms of alpha and uncorrelated returns.
The U.S. Department of Labor has sued the board of directors of The Employee Ownership Holding Co. of Stockton, California, and Fife, Washington, for alleged violations of the...
Research indicates that too many investment choices in a 401(k) plan may lead participants who are inexperienced investors to take on more risk than they would with fewer...
A court ruled that a mutual fund company that engaged in a fee agreement with its investment adviser is not a “party in interest″ under the Employee Retirement...
Despite hurdles such as volatile markets and the freezing of pension plans, industry representatives consulted by Diversified Investment Advisors say they are upbeat about the industry’s future over...
The Internal Revenue Service (IRS) official who has become the tax agency’s public face on the 403(b) regulations is scheduled to appear in a December 4 IRS Webinar.
A public fund trade group has posted a series of video files on the government’s 403(b) regulations in light of the fast approaching January 1 deadline.