Providing guidance on the provision of the Pension Protection Act of 2006 that now allows a plan participant to convert a plan balance directly to a Roth IRA, the Internal Revenue Service has issued a set of new rules (Notice 2008-30).
Last year, National Planning Corp. and its sister broker-dealers shocked the independent-contractor broker-dealer industry with its lucrative recruiting packages to independent representatives.
NAIC has revised its rules to keep life insurers from refusing coverage based on customers’ future travel.
In a move that has stunned the Section 529 college savings plan business, James Fadule has left his position as president of industry powerhouse Upromise Investments Inc.
The fight against global warming is making carbon emissions the hot new commodity.
While most financial advisers rely on financial planning software to steer clients through retirement, many are realizing that charting a retirement path is as much art as science.
It's now time to share your communications plan with your team and top clients.
The hedge fund has agreed to buy a 50% stake in the New York-based credit specialist fund manager Ore Hill Partners.
Financial advisory firms that are mulling the idea of revamping their company websites can learn some useful lessons from others.
Advanced Equities Financial Corp., a Chicago-based securities firm that has carved a niche of financing companies backed by venture capital firms, is preparing for an initial public offering.
