Practice

The Senate voted 56 to 26 late Monday to confirm Janet Yellen as the next leader of the Federal Reserve Board.

Raoul Weil, once a powerful UBS AG executive, will return today to a U.S. courthouse where prosecutors said last month he ran a business that used Swiss bank secrecy to help Americans cheat on their taxes.

Prosecutors in the insider-trading trial of a former SAC Capital Advisors LP fund manager can tell jurors that he was greedy, not that he fainted in front of FBI agents or was fired from his job, a judge ruled.

Are your funds' compliancee processes up to par?

Concern about rate policy shifts is the factor most likely to drive changes to client retirement income portfolios in 2014, according to a new survey from GDC Research and Practical Perspectives.

The Family Office Exchange's newly published Guide to the Professional Family Office offers time-tested recommendations to help wealthy families maintain their fortunes.

George Canellos, who played a key role in the SEC's efforts to punish misconduct related to the 2008 financial crisis, is leaving the agency after more than four years.

Boeing Co.’s long-term production plans for its new 777X aircraft and three other jets are at stake in a showdown with its largest union that pits worker pensions against the planemaker’s appetite for risk.

The Illinois State Employees Association Retirees sued state officials and retirement systems to block a plan that reduces pension benefits to fix a $100 billion shortfall.

Companies that stuck by their defined-benefit pension plans through the difficult years appear unlikely to seek to disband the benefit. One exception, however, is Boeing, which wants to convert its pension plan to a 401(k)-style retirement program.