News

The Guardian Life Insurance Company of America said it was selected to provide retirement products through LPL Financial Corporation’s Retirement Plus Program.

Advisers, particularly in the wirehouse channel, have seen cutbacks in support and compensation in the last year, according to a report from the Financial Research Corporation (FRC).

U.S. District Judge Deborah K. Chasanow has sentenced Alan Neal Mates of Weston, Florida, to a year and a day in prison followed by three years of supervised...

Standard & Poor’s Equity Research Services has upgraded its open-end mutual fund research product for financial advisers with bottom-up research about a fund’s holdings.

Northern Trust announced that Anthony Wilkins has been named global head of Defined Contribution Sales and Service for its asset management arm, Northern Trust Global Investments (NTGI).

Some 56% of respondents in a recent survey said their retirement savings losses were among the most significant impacts on their lives from the economic downturn.

A court ruled that Boeing Co. did not violate the Employee Retirement Income Security Act (ERISA) or the Labor Management Relations Act (LMRA) when it presented changes to...

Hansberger Global Investors, Inc. (HGI), has announced the launch of the Hansberger Multiple Investment Trust, a collective investment trust (CIT).

New York Life Retirement Plan Services has unveiled a redesigned participant Web page.

Forward Management, LLC, has launched the Forward Tactical Growth Fund (FFTGX).

Forty-one percent of independent investment advisers reported that retired clients are reducing the amount of their retirement distributions, according to a study by Charles Schwab.

U.S. District Judge Jed Rakoff rejected a settlement between the Securities and Exchange Commission (SEC) and Bank of America (BofA) over bonuses paid by Merrill Lynch, the Associated...

Westrock Group, Inc., announced that Dana Reed has joined the firm as head of marketing.

The last year might not have been uplifting for many Americans, but a survey suggests it has made them more proactive in managing their finances.

PAi debuted EZ-Illustrator, a tool designed to help financial advisers determine whether their clients are a good match for a comparability profit-sharing plan.

If you want to get a quick sense of just how fast time flies, consider that it was only a year ago this week that Lehman Brothers filed...

PlanTools, LLC, announced the release of its Expense Analysis and Benchmarking Tool that will offer more than 10 reports.

Among its many provisions, the American Recovery and Reinvestment Act (ARRA) included a rule change for Section 529 tax-free college savings plans and prepaid tuition programs to add...

In Notice 2009-75, the Internal Revenue Service provides guidance in the form of a Q&A on the tax treatment of eligible rollover distributions from qualified plans into a...

Senator Tom Harkin (D-Iowa) has been named chairman of the Committee on Health, Education, Labor & Pensions (HELP).