Practice

As sharp lines have emerged within a prominent House committee over how to step up examinations of investment advisers, the panel's chairman has signaled that no legislation will advance without broad, bipartisan consensus.

Steve Wershing, "The Referral Doctor," says if advisors want to get referrals, it’s more important to have people remember what kind of service and performance you delivered than to simply have a collection of fans.

Women age 65 and older live in poverty at higher rates than men even as more of them participate in employer-sponsored retirement plans, according to a U.S. Government Accountability Office study.

Just 1% of the plan participants surveyed stopped contributing to their DC plan accounts, unchanged from the year-ago quarter.

The Commodity Futures Trading Commission said the futures commission merchant based in Greenwich, Conn., failed to properly supervise the reporting of activity in accounts of large traders.

In a new global survey, Accenture finds opportunity for life insurers to present clearer, more personalized information to win over these masses.

Comments by former Citigroup chief executive Sandy Weill reignited the debate over whether to separate commercial banking from investment banking.

United Technologies Companylast month took the plunge into providing its employees a steady stream of retirement income.

Seven multimillion-dollar revenue earners are joining Merrill Lynch’s wealth management units in Florida, Michigan and California.

House Democrats on Wednesday introduced legislation that would expand the role of the SEC to conduct oversight examinations of investment advisors, a segment of the financial services sector that lawmakers on both sides of the aisle have agreed is under regulated.