Search results for: a
Pfizer, Pharmacia Stock-Drop Case Moves Forward
A judge gave the OK for current and former Pfizer Inc. and Pharmacia Corp. employees to move forward with their fiduciary breach suit.
Eight AIG Stock-Drop Cases Meld into One
A federal judge has consolidated eight employee stock-drop cases against American International Group, Inc. (AIG)
FundQuest Unveils Fund Fact Sheet Generator for Advisers
FundQuest has launched a new system allowing advisers to automatically create fact sheets for clients.
Segal Names Retirement Attorney to D.C. Office Post
Serena Simons has joined The Segal Company as a senior vice president and National Compliance Retirement Practice leader.
Stock Market Close to Bottom, Panelist Says
Infrastructure is poised for growth as an investment opportunity, according to a panel hosted by Dow Jones Indexes.
Some BofA Shareholders Want Lewis Out
Bank of America (BofA) shareholders are trying to oust CEO Kenneth Lewis and two other board members, according to reports.
Stifel Nicolaus to Acquire up to 55 Branches from UBS
Stifel, Nicolaus&Company, Incorporated, will acquire up to 55 branches of UBS Wealth Management Americas from UBS Financial Services Inc. for an upfront cash payment of about $27 million,...
SEC Says Market Condition Changes 12b-1 Reform Plans
The Securities and Exchange Commission (SEC) said it is considering putting off rule 12b-1.
Hennessy Launches First in "Select Series" of Funds
Hennessy Advisors, Inc., acquired the assets related to the management of the Tamarack Large Cap Growth Fund and the Tamarack Value Fund, the company said.
Study Finds Employer-Worker Disconnect about Advice
Plan sponsors and employees see some retirement concerns differently—including access to financial advice, a new study by MetLife suggested.
Mutual Fund Strategies Still Rule in Retirement Income
Advisers continue to stick with the basics, using dividend-paying stocks or mutual funds and systematic withdrawals from mutual funds to fund their clients’ retirement income, according to Cerulli...
The Hartford Expands Target-Date Series
The number of The Hartford Target Retirement Funds available in The Hartford Mutual Funds Family has expanded from three to nine.
Morgan Stanley Gains Access to Ascensus Platform
Morgan Stanley Global Wealth Management Group said its Corporate Retirement Solutions Group broadened its retirement plan platform by teaming up with Ascensus.
Adviser Wins $1M from Wachovia in USERRA Suit
Wachovia Securities will reinstate a former adviser as well as award him back pay and damages for violating the Uniform Services Employment and Reemployment Rights Act (USERRA).
Independent Retirement Plan Advisers Form New Organization
A group of independent retirement plan investment advisers formed the National Association of Independent Retirement Plan Advisors (NAIRPA), a sister organization to the American Society of Pension Professionals&Actuaries...
ADP Introduces Adviser-Oriented Retirement Plan Offering
ADP Employer Services today introduced ADP ACCESS, a retirement program that combines a financial adviser with ADP's 401(k) plan recordkeeping services.
Principal Drops Worker Benefits, Cuts Pay
The Principal Financial Group Principal Financial Group Inc. said Friday it was suspending several employee benefits, including tuition reimbursement, anniversary gifts and employee recognition programs, as part of...
IMHO: Business as Usual
Like many, perhaps most, Americans I have viewed the unraveling “Bonusgate″ scandal with a mixture of disgust and incredulity.
IMHO: Business as Usual
Like many, perhaps most, Americans, I have viewed the unraveling “Bonusgate″ scandal with a mixture of disgust and incredulity.