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RETIREMENT RETIREMENT PLANNING FEB 20, 2009
ASPPA: Employers need a break from required contributions

ASPPA is asking the government to give employers a break from rules that require many companies to contribute 3% to their employees’ 401(k) plans.

NEWS OPINION FEB 20, 2009
Should you dump mutual funds in favor of ETFs?

YOUR PRACTICE PRACTICE MANAGEMENT FEB 20, 2009
Stanford said to decay healthy-teeth group’s funds

A trustee of a charitable foundation that helps poor people in Central America and Mexico has filed a civil case against Texas billionaire financier R. Allen Stanford.

RETIREMENT LIFE INSURANCE AND ANNUITIES FEB 20, 2009
Iowa eases accounting rules for 11 insurers

The Iowa insurance commissioner has eased accounting rules for 11 insurers based in the state, allowing them to polish up their balance sheets.

NEWS REGULATION AND LEGISLATION FEB 20, 2009
UBS Shares dropped 15%

Commentators in Switzerland voiced their anger at the bank's business practices and what they saw as heavy-handed treatment by U.S. authorities.

NEWS REGULATION AND LEGISLATION FEB 20, 2009
Stanford employee raised concerns with regulators in 2003

While R. Allen Stanford's investors were swallowing claims of vast returns on safe investments, some of his employees weren't so sure.

NEWS INDUSTRY NEWS FEB 20, 2009
Morningstar 4Q earnings slip 3.5%

Morningstar Inc. yesterday reported a 3.5% decline in fourth-quarter earnings and the launch of a series of cost-cutting measures.

NEWS INDUSTRY NEWS FEB 19, 2009
Unemployed ranks hit record high of 4.99M

The number of people collecting unemployment benefits rose to an all-time high of 4.99 million this month, according to the Department of Labor.

NEWS REGULATION AND LEGISLATION FEB 19, 2009
Finra taps NYSE reg head Ketchum as chief

NYSE regulatory chief Richard Ketchum will be named the new chief executive of Finra, the Wall Street Journal reported today.

NEWS RIAS FEB 19, 2009
Pershing RIA sales bigwig exits

Paul Wichman, the former national sales manager of Pershing Advisor Solutions LLC of Jersey City, N.J., left the firm this month.