News

Northwestern Mutual Investment Services, LLC, City Securities Corporation, and Fifth Third Securities, Inc., are the latest firms to settle charges with FINRA over the sale of auction-rate securities...

The Financial Industry Regulatory Authority (FINRA) will implement increased margin requirements for leveraged exchange-traded funds (ETFs).

The U.S. District Court for the Southern District of New York has ruled that participants in two retirement plans sponsored by Citigroup failed to state a claim that...

Millennium Trust Company, a provider of custody and IRA services, announced it has been selected as the custodian for John Hancock's plan termination solution.

The majority (54%) of surveyed employees reported satisfaction with their company’s retirement program.

Having a due diligence process can ensure that a 403(b) plan is running smoothly.

Investment advisers who custody with Charles Schwab can now access a Web site boasting more intuitive tools to manage client accounts.

Advisors Trusted Advisor now offers the Roth 2010 Conversion Package, containing marketing tools, education materials, and a Roth conversion tool.

LPL Financial Corporation today launched its Retirement Plus Program as part of its efforts to beef up support for retirement plan-focused independent financial advisers.

Another advisory group braves the frontiers of being an independent firm.

Principal Financial Group said its new kit offers financial professionals marketing materials to identify and help clients through life events, such as retirement.

A federal judge in Los Angeles has preliminarily approved a $55-million settlement between Bank of America (BofA) and former employees of Countrywide Financial Corp.

Akre Capital Management, LLC, has launched the Akre Focus Fund.

ThriveOn, Inc., has added Open Enrollment and New Hire Training modules to its online Benefits Learning Center solution.

MassMutual has tapped Joel Almeida to undertake a new sales role focused on Southern California and Hawaii.

A new whitepaper from Wealth2k says advisers should not ignore the Web in their retirement income communication strategies.

The Securities and Exchange Commission (SEC) has encouraged broker/dealer (B/D) bosses to rein in their reps.

The latest Ponzi schemes keep with the theme of brokers allegedly bilking from the elderly, including those close to them.

Next week PLANSPONSOR and PLANADVISER will open nominations for our Retirement Plan Adviser of the Year awards.

CAPTRUST said Mike Curran will lead the firm’s efforts to broaden nonqualified deferred compensation services.