Practice

Nearly 875,000 employees increased their 401k contributions in 2010, a 21% increase over 2009’s level of 721,000 employees, according to Merrill report.

According to a new study, for many women, retirement means living single and that requires more preparation, and more advisor aid.

And 27% have no personal savings, a Harris Poll shows.

International regulators worked hard, agreed in December to impose tough standards and then gave bankers eight years to meet them. But the reality is something much less concrete.

The Commodity Futures Trading Commission and the Securities and Exchange Commission both say they lack the resources to implement the responsibilities thrust upon them by the Dodd-Frank Wall Street Reform Act. Here are the numbers. You judge how they stack up.

Firms have been tracking the adjusted cost basis of the equities and mutual funds bought and sold by investors for years. The challenge now is how best to capture this data and accurately report it to the IRS and investors.

PHOENIX-- About 40 years ago, they were told to cut their hair and find a real job.

The Securities and Exchange Commission Wednesday said it would start the process of setting rules for how security-based swap execution facilities will operate and how registration of such facilities will work.

Just over one-third, 34%, of Americans have no retirement savings, and 27% have no personal savings, a November 2010 survey of 2,151 by The Harris Poll found.

It doesn’t take a rocket scientist to figure this out: Without a new tax on the securities industry, there won’t be reform of same.