Practice

The $3.7 trillion fiscal 2012 budget proposed by President Obama Monday would permanently reinstate an expanded Build America Bond program but at a lower 28% subsidy rate.

Although the estimated costs of the Troubled Asset Relief Program have fallen markedly during the past year, the Obama administration's 2012 fiscal budget said the largest banks that benefited from the bailout should still be taxed to make up any cost to the government.

A survey by PNC Wealth Management found that the recession has created a rift between wealthy couples on how they view personal finances, as well as plan and discuss money.

Advisors help plan their clients’ futures day in and day out, but when it comes to their own planning, too often it is a case of the cobbler’s kids not having new shoes.

John Hancock Annuities has created its second “Retirement Talk” module, this one focusing on retirement income and the emotions of a couple entering retirement.

Bonaire Software Solutions announced Monday that it has signed a record number of new clients for its REVPORT revenue management and fee billing software suite.

TD Ameritrade has agreed to distribute approximately $10 million to customers who continue to hold shares of the Reserve Yield Plus Fund, a mutual fund that famously "broke the buck" on the net value of its assets in September 2008.

The 29th Annual National Investment Company Service Association Conference & Expo opens Monday, with NICSA president Theresa Hammacher launching two assessments of the state of the fund industry.

As a House Judiciary Committee panel meets Monday to hold a hearing on public pensions and the need for state bankruptcy protection, pension and muni bond experts are opposing a recently introduced bill that would prohibit them from issuing tax-exempt bonds unless they subject their pension plans to federal oversight and regulation.

Two deputies were named in the FDIC's Office of Complex Financial Institutions, while three staff positions were announced in the Division of Depositor and Consumer Protection.