News

After explosive profits in 2014, they declined sharply in 2015.

The Financial Planning Coalition filed a “friend of the court” brief supporting the Department of Labor in its ongoing court battles over the new fiduciary rule. 

The investment advisery firm Edward Jones says it will look to grandfather IRA relationships acquired before April 2017, while also instituting some fundamental changes to process and product...

John Hancock Retirement Plan Services Hires New Consultant; T. Rowe Hires New Investment Leaders; Strategic Retirement Adds New Adviser; Mercer Hires New Leader to Boston Team; and more.

The IRS has eased the timeline for investors hoping to avoid taxes and penalties while moving money plan-to-plan or to an individual retirement account. 

However, Millennials are using technology more frequently for managing finances and leading healthy lifestyles.

Perspective Partners has launched a program designed to help employees take advantage of 401(k) retirement accounts and health savings accounts (HSA)s.

In addition, the DOL also released a proposed rule that would help a limited number of cities and other local governments to enact similar measures.

For individuals, the cap is raised by $50 to $3,400.

By comparison, ICI data shows that plans of all sizes pay an average of 1.29% in fees.

The mutual life insurance company’s new customer-experience management software will allow it to gather customer feedback and act on it in real time, MassMutual says.

That is followed by Social Security being reduced or ceasing to exist.

But even 36% of the highest socioeconomic status households have a retirement gap.

Schwab Reveals 8-bps Passive TDF With No Minimum; MetLife Stable Value Solutions Fund Added to Modelxchange.

Forty-one percent of families have a 529 plan.

A Neuberger Berman analysis shows that House Republicans’ tax and retirement policy proposals may suggest a push toward a universal savings account and a consolidation of current tax...

Employees of HP Inc. and United Airlines filed suit over treatment of returns and interest on “float income” generated by cash in transit. 

The design aims to add clear access for advisers, clients, investors and employees. 

Vanguard recommends three actions parents can take to lower their tuition bill.

The latest addition to the LPL Affinity Program is aimed at helping advisers comply with requirements of the new DOL fiduciary rule.