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DoL to Outline Regulatory Agenda
On Monday, the U.S. Department of Labor will present video remarks by Secretary Hilda L. Solis outlining the department’s regulatory agenda.
IRS Announces 2010 Taxable Wage Base for Permitted Disparity
The Internal Revenue Service has issued Revenue Ruling 2009-40, providing the table of covered compensation for the 2010 plan year for use in determining contributions to defined benefit...
Northern Trust Announces Selections for Emerging Broker Program
Northern Trust's asset management arm, Northern Trust Global Investments (NTGI), has selected seven emerging and minority/women-owned broker/dealers for its list of preferred equity trading partners.
RiversEdge Kicks Off Recordkeeping Operations
RiversEdge Advanced Retirement Solutions, an independent provider of defined contribution recordkeeping, consulting, and administrative services, has begun operations in Pittsburgh, Pennsylvania.
Retirement Planners Make for Better Retirement Savers
Research from The Hartford found that people who have taken the time to plan for retirement or their financial future are in a better place financially and have...
FundQuest Releases Whitepaper to Help Advisers Navigate ETF Market
FundQuest has released a new white paper titled, “ETFs Are Not All Alike—How to Navigate the Rapidly Evolving ETF Landscape.”
Schwab Study Finds More Diligence in Retirement Savings
Investors are paying more attention to their retirement savings, according to the Real Life Retirement quarterly pulse survey conducted by Charles Schwab & Co., Inc.
BNY Mellon to Service State-Focused ETFs
Mellon Asset Servicing has been selected by Geary Advisors, LLC to provide custody, fund administration, fund accounting, and transfer agency services for the Oklahoma Exchange-Traded Fund and the...
Men Might be More Predictable
Male species—from humans to sparrows—appear to have more pronounced personalities than their female counterparts, according to new research.
More Retiree Households in Retirement Income ‘Drawdown’
Almost half of all financial assets held by households age 65 and older can now be considered in retirement income “drawdown” mode, according to a new research report.
myStockOptions.com Expands Year-End Planning Guidance
myStockOptions.com has expanded its year-end planning guidance for those who receive stock options, restricted stock, and other types of equity compensation.
Appellate Court Blesses Excessive Fee Suit Dismissal
A federal appellate court’s to-the-point ruling in an excessive fee case involving United Technologies Corp. (UTC) may not have been couched in elaborate language, but it nevertheless extended...
Russell Names Director of Index Research & Innovation
Russell Investments has promoted Rolf Agather to the newly created position of director of Index Research & Innovation.
Most Vanguard 401(k) Participants Recovering Nicely
Sixty percent of investors in 401(k) plans administered by The Vanguard Group who maintained retirement balances over the last two years now have the same or higher balances...
The Principal Offers More Long-Term Disability Choice
The Principal Financial Group now offers Voluntary Long-Term Disability Employee Choice for income protection.
ETF Securities Offers Gold- and Silver-Backed Funds
ETF Securities USA LLC's ETFS Physical Swiss Gold Shares (SGOL) began trading on the NYSE ARCA on September 9, and its ETFS Physical Silver Shares (SIVR) began trading...
First Mercantile Names Regional Sales Director for Southeast
Scott Gardner joined First Mercantile's national sales team effective today as regional sales director for its Southeast region, the company announced.
Jupiter Lends FAF Advisors Sales Help
Minneapolis-based FAF Advisors has formed a strategic sales alliance with Jupiter Distribution Partners of Greenacres, Florida.
Prudential: Americans Willing to Pay for Guarantee
Seventy percent of surveyed Americans believe products with guarantees are worth the cost, according to a study about life insurance by Prudential Financial, Inc., an insurance provider.
Most 403(b) Sponsors Kept Match during Downturn
Almost three-fourths of polled 403(b) plan sponsors said they did not change their employer match during the 2008 to 2009 plan year.