News

Adam Miloro has joined Boston-based benefits consulting firm Longfellow Benefits as an account executive, focusing on retirement-plans.

Dreyfus Investments has joined DTCC's Managed Accounts Service (MAS), a centralized platform for the industry, designed to streamline communications associated with opening and maintaining managed accounts.

Citigroup Inc. has tapped Jeffrey Applegate to be chief investment officer of its Citi Global Wealth Management unit.

Online investors make the majority of their investment decisions independent of an investment adviser (56% of investors who trade securities online) are more likely to have an appetite...

Still River has updated its 403(b) Contribution Planner software, which it says is the first software that complies with the latest IRS regulations, including 2008 calculation factors.

As anyone who has kids – or who lives in a neighborhood that has kids (or lives in one in which kids can enter) can attest - Halloween...

The U.S. House Ways and Means Committee will hold an October 30 hearing to discuss the fees charged to participants enrolled in defined contribution plans.

The Internal Revenue Service (IRS) has issued interim guidance generally extending to 2007 the 409A tax reporting guidance that was applicable to 2005 and 2006 tax years.

Saying it was “probably the most important regulation issued resulting from the Pension Protection Act of 2006,″ Bradford Campbell, Assistant Secretary for the Employee Benefit Security Administration (EBSA)...

Three out of four advisers surveyed (73%) by Eaton Vance Corp. use stocks in their clients’ portfolios both for long-term appreciation and as a way to provide current...

Morgan Stanley has agreed to a $16 million settlement over allegations that it denied business opportunities to African-American and Latino financial advisers, Reuters reported.

Fidelity Investments is developing a Web-based wealth management platform that integrates Registered Investment Advisers’ (RIAs) most critical operational systems into one unified workstation.

Although stable value did make it on the list of approved qualified default investment alternatives (QDIA), the final regulations issued Monday only sanction the fund type as a...

After months of direct pressure from the deferred compensation community for more time to comply with new federal regulations, regulators on Monday granted a one-year reprieve.

The financial planning Web site focused on stock compensation, myStockOptions.com, has now added a college funding section.

Minnesota Senator Norm Coleman has proposed legislation that would allow individuals who are 60 days late on their mortgage payments to dip into their 401(k) or individual retirement...

The American Society of Pension Professionals&Actuaries (ASPPA) has issued standards of practice for recordkeepers so that plan sponsors, investment advisers, and investment managers will have criteria by which...

Ladenburg Thalmann Financial Services Inc. announced it has acquired all outstanding shares of Investacorp Inc. and related companies.

I was at a conference a couple of weeks ago, when the CEO of a large, national consulting firm stood up and commented on the increased fiduciary burden...

I was at a conference a couple of weeks ago, when the CEO of a large, national consulting firm stood up and commented on the increased fiduciary burden...