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Small Biz Worried About Retirement, Committed to Health Care
Apparently workers aren’t the only ones worried about retirement.
ERISA Lawsuits on the Rise
According to a new analysis, lawsuits related to the Employee Retirement Income Security Act (ERISA) are increasing in number and complexity in terms of combinations of allegations.
Pershing Program Helps B/Ds Serve Dually Registered Advisers
Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation, launched a new program to help broker/dealers better serve investment professionals and registered investment advisers (RIAs).
DWS Releases Structured Products Education Suite
DWS Investments launched new and enhanced educational tools about structured products, designed to meet the educational needs of both financial advisers and individual investors.
Goldstein Financial Corporation Joins M Financial Group
M Financial Group today announced that Deerfield, Illinois-based Goldstein Financial Corporation (GFC) has become a member firm.
Wacky Tax Deductions
If you think you've seen them all, check out these creative tax deductions.
Wealthy Americans Look to Preserve Capital
A study of affluent Americans found their primary investment objective is preservation of capital.
UBS Plans More Cuts for 2009
UBS announced at its annual general meeting that the firm will slash more than 11% of its workforce, but it’s not yet clear what that means for financial...
Principal Offers 403(b) Sponsors a Chance to Practice
They say that practice makes perfect--and for non-profit employers that sponsor 403(b) retirement plans, Principal Financial Group is offering to give them a chance to "practice."
IRS Releases Proposed 403(b) Prototype Document Program
The Internal Revenue Service (IRS) used PLANSPONSOR's 403(b) Summit to unveil the next step in the tax agency’s efforts to move 403(b) plans closer to their 401(k) cousins.
Average 401(k) Fee is 72 Basis Points, Study Says
A new study of 401(k) fees found that the median fee was 72 basis points—but also found a significant range of variance.
Markets Maul Retirement Confidence
About a fourth of workers losing confidence in their ability to retire have turned to a financial professional to help them, according to a new EBRI study.
Absolute Return Manager Launches Investment Platform
ETF Portfolio Management (ETF PM) launched a new investment platform.
Workers Shaken, but Remain Committed to Retirement Savings
Despite experiencing declines in both account balances and confidence, workers are still committed to saving for retirement, according to a new report.
Retirement Plan Advisory Group Launches Fiduciary Fitness Program
Retirement Plan Advisory Group (RPAG), an affiliate of 401(k) Advisors, announced the launch of its latest offering for adviser members.
Benefits in 'Crisis,' but Employers Staying the Course
Despite the tumultuous environment, most plan sponsors seem to be committed to staying the course, at least for now.
IRS Publishes Sample 403(b) Prototype Document Language
The Internal Revenue Service has published some sample prototype 403(b) language – and wants to know what you think.
Oregon Sues 529 Fund Manager
The state of Oregon has sued OppenheimerFunds Inc., charging the fund manager with understating the risk it took with a bond fund in Oregon's state college-savings plan.
ICI: Mutual Fund Fees Down, For Now
The average fees and expenses that investors paid on mutual funds fell in 2008 to their lowest levels in more than 25 years, according to the Investment Company...
Americans Cutting Back, Into Savings
A new survey suggests that Americans are not only cutting back on savings, a growing number are dipping into those accounts.