Practice

Having gone into bankruptcy, Financial Research Corp. is now being evaluated by Strategic Insight parent Asset International for potential purchase.

In the wake of economic and stock market volatility, many 401(k) investors are questioning the wisdom of 401(k), 403(b) and 457 plans, a survey by Allianz Life Insurance Company finds.

LPL Financial Retirement Partners has rolled out the next iteration of its portfolio of tools for retirement plan advisors working with plan sponsors.

The Hartford is taking part in the upcoming National Save for Retirement Week of Oct. 16 with the “It’s In Your Power Campaign,” based on superheroes. The campaign, aimed at 1.4 million participations in 32,500 plans, shows two superheroes flying around on scooters, enjoying leisure time with friends and family and generally just enjoying being retired.

Advisor Software this week launched goalgamiPro, a web-based financial planning tool that lets advisors create and maintain multiple household balance sheets to help prioritize and access their clients’ long-term financial goals.

Citigroup is adopting a managed service from Fidessa Group for tracking orders and executing trades globally in listed derivatives.

Financial services professionals and firms need to do a better job of implementing globally accepted international standards for financial reporting, according to a new report from a task force led by the International Federation of Accountants.

In the wake of economic and stock market volatility, many 401(k) investors are questioning the wisdom of 401(k), 403(b) and 457 plans, a survey by Allianz Life Insurance Company finds.

Automatic enrollment greatly increases participation in 401(k) plans for all racial and ethnic groups, with particular success for blacks and Hispanics, even among low earners, Vanguard research shows.

Bank of America Merrill Lynch has unveiled a new set of features for its 401(k) and employee financial benefit programs including new mobile access to retirement account information.