The Securities and Exchange Commission (SEC) said eight former employees of Fidelity Investments’ equity trading desk will collectively pay more than $1 million to settle SEC charges for...
A day after U.S. House lawmakers unanimously approved a sweeping pension reform measure, the Senate followed suit on Thursday with its own unanimous approval of the bill.
A broad pension relief measure approved by U.S. House lawmakers—including a one-year stop on the required minimum distribution rules—also includes a variety of other measures sought by business...
Bukaty Companies Retirement Plan Services, a division of Bukaty Companies, has launched a toll-free retirement plan “helpline†for retirement plan sponsors unclear of their fiduciary responsibilities in light...
Defined contribution plan activity rose as participants reacted to economic turmoil by reallocating their portfolios away from equity assets to fixed-income funds, according to The Callan DC Index...
Three financial planning organizations—Certified Financial Planner Board of Standards, Inc. (CFP), Financial Planning Association (FPA), and National Association of Personal Financial Advisors (NAPFA)—said they have come together to...
Even as news reports of companies suspending employer match contributions to defined contribution plans continue, a Mercer survey reveals 83% of employers do not expect to reduce their...
According to Section 409A guidance issued Wednesday by the U.S. Treasury Department and the Internal Revenue Service (IRS), an employer is not required to report nonqualified deferred compensation...
The broker/dealers of ING Advisors Network have begun rolling out imaging to enable their registered representatives' offices to become virtually paperless environments.
New York Life Retirement Plan Services, a division of New York Life Investment Management LLC, announced the expansion of its West coast presence with the hiring of two...