As one 401(k) provider rolls out enhanced fee disclosures for plans, rivals are keeping a close watch on upcoming regulations that will likely require them to follow suit.
The groups also claim the Labor Department is stepping outside the bounds of ERISA by claiming the authority to define what investments are appropriate for plans
American International Group Inc.'s financial position remains relatively stable, according to a report released last week by the Government Accountability Office.
Davidson has her reasons, but estate tax isn't one of them, rep says
Despite a tepid response from plan sponsors, asset management firms continue to develop and promote annuity-enhanced target date funds, insisting that demand for retirement income will spur interest.
Managers of private investment partnerships usually get paid both a base management fee and a performance fee. Many times, the performance fee isn't paid in cash, but is instead paid to the manager as an allocation of profits.
Elderly heiress loses bid to stop daughter from challenging $1.4B in gifts to younger man
Most taxable investors who wish to continue to hold shares of Weyerhaeuser Co. Ticker:(WY) should probably sell today and buy it back again tomorrow after the stock has gone ex-dividend.
MetLife Inc., the biggest U.S. life insurer, agreed to pay the government $13.5 million to resolve an investigation into “improper” payments to a San Diego-based broker that sold the company's coverage.
Insurance regulators state legislators plan to tackle the thorny issue of insurable interest with regard to annuity sales, preparing the groundwork for changes that could discourage stranger-originated-annuity transactions.
These investments — wherein a third party purchases an annuity with a death benefit and assigns a sickly person as the annuitant — came up at the group's 2010 Spring Meeting this week.
Goldman Sachs Group Inc. has retreated even further from the life settlements arena, shutting down Longmore Capital, its life settlements provider, according to reports.
Whether they earn the league minimum or a superstar's salary, football players have to know the basics of handling money to succeed financially.
In 2009, only 59% of the millionaires said they had regained trust in their financial advisers, while 56% said they had the same feelings about their wealth management firms and financial institutions.
Shaken by the recession and concerned about risk, brokerage firm clients are buying life insurance.
Insurer looks to branch out with new products aimed at affluent customers, business owners
Shares of home health providers sank Wednesday as an investigation into the industry's Medicare reimbursement practices expanded.
Overturning state law, New York's highest court this month ruled that estates and beneficiaries can sue estate-planning attorneys for malpractice.
Mark A. Mushkat, a 20 year veteran of the wealth management industry, comes from Harris myCFO, a unit of Harris Private Bank.
