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.
Willis Group Holdings. today agreed to reimburse about $2.6 million to cities and counties throughout Florida.
An ex-COO is suing the company, saying he was unfairly compensated in the wake of a bid-rigging scandal.
Registered investment advisers are the fastest-growing distribution channel for mutual-fund-based small-business 401(k)s. Starting from a small base, they are adding assets at the rate of about 14% a year, according to Boston-based Financial Research Corp.
Jon A. Boscia’s retirement announcement this month has nothing to do with the company’s merger prospects or its financial performance, according to the chief executive and chairman of Lincoln Financial Group.
In a case that married dry-as-dust estate-planning issues with “Dallas”-like squabbling among wealthy family members, a Texas court has decided that King Ranch heir B.K. Johnson had all his faculties when he drew up his last will and that his widow and third wife didn’t manipulate him into excluding his children.
Two legal decisions this month related to equity index annuities make clear that plaintiffs must attack specific annuity provisions or standardized marketing materials in order to show the “commonality” needed for class action certification.
After a long, hard slog, H&R Block Financial Advisors Inc. has found its way to profitability, and it expects to stay there, but its parent company’s long-standing goal of turning millions of tax clients into brokerage clients remains elusive.
CHICAGO — Financial advisers are crafting new strategies to convince clients to complete their wills and estate plans.
NEW YORK — The rich are different, and so are their insurance needs, but many wealthy people may be leaving themselves unprotected, according to personal-lines-property-casualty-insurance specialists.
