News

A federal judge cleared the way for participants in Caterpillar’s 401(k) plan to pursue their fiduciary breach claims, but only on issues other than allegations of inadequate revenue-sharing...

MassMutual’s Retirement Services Division appointed Brad Harrison to the position of managing director, Midwest region.

The family office delivery method to service America’s wealthiest clients has been on the wealth management scene for a while, and is here to stay, according to research...

The Financial Planning Association released a Standard of Care, which clarifies the role of a fiduciary adviser in financial planning situations.

TradePMR and Sterne Agee Financial Services (SAFS) announced the new Hybrid Advisor platform designed to serve both commission and fee-based clients.

Pershing LLC said its BondCentral trading platform expanded to incorporated more structured product choices for the company’s broker/dealer and independent registered investment adviser (RIA) customers.

Between 2008 and 2013, rollovers from 401(k), 403(b), and 457 plans will account for nearly $1.9 trillion of asset flows into traditional IRAs, which will increase to $6.1...

One of my favorite quotations is George Santayana’s, “Those who cannot remember the past are doomed to repeat it.″

The Internal Revenue Service (IRS) decided to extend its temporary halt on rulings and determination letters regarding the tax consequences of nonqualified deferred compensation arrangements described in §409A...

A federal judge in Massachusetts cleared the way for a participant invested in a company stock fund to pursue a fiduciary breach suit.

William Hart, founder of Chicago-based Hartline Investment Corp., was elected chairman of the board of National Advisors Trust, owned by more than 130 independent financial advisory firms nationwide.

Despite the volatility and uncertainty in the markets, 29% of financial intermediaries are investing more in equity funds while only 24% are investing less, according to research from...

T. Rowe Price introduced a retirement planning tool on its Web site that calculates a projected monthly income stream throughout retirement for those in any phase of retirement...

Broker/dealer Ameriprise Financial Services Inc. is suing mutual fund manager the Reserve Fund.

Three new model request for proposalsâ€″one each for equity investments, fixed-income investments, and real estate investmentsâ€″aim to help smaller institutional investors select money managers.