Practice

CUNA Mutual Group this week launched a new online retirement guidance platform called RetireOnTarget to help more than 140,000 credit union employees manage their 401(k) accounts and make more informed retirement planning decisions.

401(k) investors and sponsors are likely to stand up and take notice of the fees that will be clearly presented to them in April, particularly the fact that investors pay most of the administration fees. These administration fees, or expense ratios, cover not just fund management but also recordkeeping, auditing and broker commissions.

The so-called “Godfather of Soul” passed away on Christmas Day 2006, and generously left his $100 million fortune to a special trust set up to help poor and needy children. Yet, four-and-a-half years later, not one child has seen a cent. Why?

When managing investors’ financial lives through a major storm like Hurricane Irene, keeping in touch and relying on a network of offices was key to helping advisors and their clients pull through.

Although Hurricane Irene may have wreaked havoc on millions of households across the East Coast, the storm had little impact on core post-trade clearing and settlement activities.

Many financial advisors are able to successfully pitch their own story ideas, place their own bylined content with reputable media outlets and navigate the PR waters on their own without the help of a professional PR firm or marketing consultant. But if you want to generate more interviews and media success, you’ll want to steer clear of these harmful (and potentially fatal) rookie blunders.

Helping with clients with a wide variety of financial planning issues, including tax preparation, is a big part of the strategy at Vintage Financial Services of Ann Arbor, Mich. according to Frank Moore, the firm’s founder and chief investment officer.

The New York Stock Exchange, the Nasdaq Stock Market, Direct Edge and BATS Global Markets said they will open for business at 9:30 a.m. Monday, for normal operations.

There are a lot of technology nightmares that follow a merger, but untangling contracts for software and other systems is one of the biggest.

Compliance professionals don’t think the Dodd-Frank Wall Street Reform and Consumer Protection Act will lead to a significant increase in compliance spending this year and they expect more money will be allocated to technology rather than education and consulting, according to a new study conducted between March and April by National Regulatory Services (NRS).