Practice

The House approved an $858 billion extension of the Bush-era tax rates and unemployment benefits late Thursday night, a day after the Senate approved the bill, sending the bill to President Obama’s desk.

Rollovers into traditional IRAs occur across the working years, not just at retirement, according to the Investment Company Institute.

Research firm is responding to increased interest in fixed income investments.

The Financial Services Authority has fined a former executive from Toronto Dominion Bank $1.2 million for intentionally mispricing trading positions in credit derivatives to cover his losses and banned him from working in the financial services industry.

The House approved an $858 billion extension of the Bush-era tax rates and unemployment benefits late Thursday night, a day after the Senate approved the bill, sending the bill to President Obama’s desk.

Treasury Secretary Tim Geithner supported calls for a national servicing standard on Thursday, adding his voice to other regulators who have promoted the idea.

According to a survey released Thursday by MFS Investment Management investors want advisor contact and education. In turn, those investors who are more knowledgeable tend to be less fearful about investing – good news all around.

The more education a person has is strongly correlated with how confident they are about their retirement and their ability to save and plan for it, according to the 11th Annual Transamerica Retirement Survey, released on Thursday.

Ever since September 2008, clients are asking for more than you can possibly deliver: to keep track of the macro-economic big picture and help them get out of the market as soon as we start moving into another meltdown period. So the question is: How can we possibly respond to these lofty expectations?

More Americans plan to get their finances in order in 2011 while the global economic recovery continues to shake out, Fidelity survey says.