News

AT&T has agreed to cease discriminatory policies to settle an age discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), regarding employees who took an early...

The House of Representatives passed a bill to repeal a measure that would have required federal, state and local governments to withhold 3% of payments to government contractors,...

Pershing LLC, a BNY Mellon company, plans to expand access to its open-architecture technology platform, NetX360, with an online version. 

Morningstar's 2011 529 College Savings Plans research paper and industry survey found that 529 plan assets increased by 12% the last 12 months. 

Investors who dynamically adjust asset class exposures as growth and inflation expectations shift may significantly improve risk-adjusted returns, according to a white paper from BNY Mellon.

The Options Market Center was developed to provide advisers with advanced trading software, options-related expertise and support, and an options education program. 

Superman is sure to be seen flying around this weekend, at least in the form of Halloween costumes, but a little known fact about the comic icon is...

Michael Doshier has joined MassMutual's Retirement Services Division as Vice President and Head of External Markets. 

According to a report from HSBC, many Americans are unwilling to allot enough time to long-term financial planning, leaving them at risk for a fiscally challenging retirement.

Rajat K. Gupta has been accused of leaking confidential information while serving as a director at Goldman Sachs Group Inc. and Procter & Gamble Co.

Security Benefit Corporation, a Guggenheim Partners Company, has launched the Total Interest Annuity, built specifically for the 403(b) market.

A recent study found that the number of defined contribution (DC) plans in the U.S. offering a sustainable and responsible investing (SRI) choice could double in the next...

Pershing LLC, a BNY Mellon company, has enhanced its open-architecture platform with the additions of Comerica Bank & Trust, NA and New York Private Trust Company.   

The U.S. District Court for the Eastern District of Pennsylvania has found that two doctors who voluntarily terminated their employment from a hospital are not eligible for benefits...

Research from asset management firm American Century Investments indicates the use of alternative investment strategies by financial intermediaries is widespread and growing.  

The U. S. District Court for the Western District of North Carolina has approved a $12.35 million settlement in an ERISA fiduciary breach case against Wachovia.

Benefit Plans Administrative Services (BPAS) announced plans to acquire CAI Benefits, a provider of retirement plan administration, actuarial, flex, and benefit consulting services with offices in New York...

Merrill Lynch Wealth Management and Eurasia Group address investor concerns over the fragility of global markets in a new white paper and Webcast, titled, “The Great Global Shift:...

TIAA-CREF Life Insurance Company and M Financial Group announced an exclusive agreement to offer TIAA-CREF Life’s life insurance products to M Financial’s Member Firms and their clients. 

Merlin Securities announced that Rick Bensignor, a former Morgan Stanley strategist and behavioral economist, has joined the firm as Chief Market Strategist.