News

Three financial planning organizations—Certified Financial Planner Board of Standards, Inc. (CFP), Financial Planning Association (FPA), and National Association of Personal Financial Advisors (NAPFA)—said they have come together to...

Even as news reports of companies suspending employer match contributions to defined contribution plans continue, a Mercer survey reveals 83% of employers do not expect to reduce their...

Kodak announced it is suspending its 401(k) match and not increasing executive compensation.

The U.S. House of Representatives passed the Worker, Retiree and Employer Recovery Act of 2008 by unanimous consent.

According to Section 409A guidance issued Wednesday by the U.S. Treasury Department and the Internal Revenue Service (IRS), an employer is not required to report nonqualified deferred compensation...

HighTower says it is the first adviser-owned, nationally branded, fiduciary financial services firm dedicated to serving high net worth investors.

The broker/dealers of ING Advisors Network have begun rolling out imaging to enable their registered representatives' offices to become virtually paperless environments.

Hartford Financial Services Group Inc. has been hit with two new stock drop class action lawsuits.

An Akron, Ohio-based bank has become the latest employer to drop its 401(k) match to save money—in this case to better deal with the slumping economy.

New York Life Retirement Plan Services, a division of New York Life Investment Management LLC, announced the expansion of its West coast presence with the hiring of two...

Two Republican U.S. Senators have introduced proposals to delay enforcement of retirement plan required minimum distribution (RMD) rules because of the struggling economy.

Financial advisers expressed that a combination of independent broker/dealer and traditional career system offerings would make them most successful, according to a survey released by John Hancock Financial...

Vision Capital Advisors, L.L.C., a New York-based registered investment advisory firm, said that Andrew Lutz has joined the firm as Managing Director, effective immediately.

A study released by Pershing Advisor Solutions LLC found that challenges and priorities have changed for RIA firms in the last two years.

Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation, launched Advisor in Transition, a practice management program.

OppenheimerFunds, Inc. (OFI) Retirement Solutions Division announced the launch of Lifetime Income Distributor.

Charles Schwab has found that participant engagement in Schwab-serviced 401(k) plans increased both online and over the phone during the months of September and October.

The Newport Group is now making its participant account statements and participant Web site available in Spanish.

Symetra Life Insurance Company announced the availability of its Stability Suite.

Fidelity Investments today announced the launch of Fidelity WealthCentral, a Web-based wealth management platform for registered investment advisers (RIAs).