Account balances for workers who consistently held 401(k)s from 1999 to 2006 increased at an annual rate of 8.7%.
Private equity executives today warned the Senate that higher taxes on carried interest would severely harm enterprises.
One of the biggest changes occurring in the retirement marketplace is an increase in automatic features.
The Hartford generated second-quarter core earnings per share of $2.39, up 31% from the same period last year.
Democratic presidential candidate John Edwards wants to raise the capital gains tax from 15% to 28%.
A bill that would increase 401(k) disclosure should be put on hold, according to the American Benefits Council.
The first bipartisan House version of the National Insurance Act of 2007 was reintroduced today.
The National Association of Insurance and Financial Advisors has named John J. Healy as its new chief executive.
The Hartford said it has reached a $115 million settlement with three states to resolve a bid rigging and market timing case.
The American Benefits Council supports fee disclosures related to 401(k) plans—as long as it's pertinent.
As other countries reduce their corporate tax rates, the U.S. is becoming less competitive, according to the Treasury department.
Is the creation of a top-level suitability monitoring job by Allianz Life Insurance Company of North America a step forward in annuity marketing or a defensive position in response to a battery of lawsuits?
Financial advisers who prepare various tax-related documents for their clients will likely think twice before signing off on returns that include dubious or aggressive tax positions.
CHICAGO — While the Department of Labor has yet to issue final regulations on default options for 401(k) plans, many companies are jumping ahead and incorporating a qualified default investment alternative into their retirement plans.
NEW YORK — Most clients’ collections are a labor of love and not a quest for investment returns, according to financial advisers with collector clients.
The Senate opened an investigation into insurers that use suspect tactics when dealing with seniors.
401(k) participants should get concise annual summaries of expenses—preferably online, according to a trade group.
The IRS is seeking information from Citigroup and Lehman Brothers, The Wall Street Journal said.
The Department of Labor has proposed that investments be allowed as default options in 401(k) plans.
Insurance provider Assurant put its CEO and CFO on administrative leave after regulators notified the two executives that they may face civil charges.