Practice

Fidelity persists on path to nabbing more 401(k) assets, this time offering RIAs an all-in-one package to sell to their business clients.

Democrats and Republicans escalated the war of words over regulatory reform on Tuesday, with the GOP saying the current bill is unacceptable and the White House objecting to any compromise.

Four years after the Federal Deposit Insurance Corp. launched an elaborate deposit insurance pricing system, the agency has gone back to the drawing board.

At MetLife’s sixth annual benefits symposium in Washington this week, Treasury and Department of Labor officials discussed the difficulties of including annuities in 401(k)s. The two agencies have asked the public for comments through May 3 on including lifetime income solutions in employer plans.

A recent study indicates that taxes on the rich have declined significantly while remaining the same on the middle class. Oddly, not all wealthy people are happy about this development.

Despite the potential heavy burden that long-term care could place on many Americans during retirement, very few have actually planned for it, according to a survey by Genworth Financial.

Company expects $10 million in production within a year from the region. It also wants to enter the Rocky Mountain and Mid-Atlantic regions.

Acquisitions by independent firms gets back on track after stumbling slightly in 2009.

Assets increased 18% as more investors have started to seek out advice regarding their retirement nest egg.

Regulator calls for tracking individual loans to increase transparency of private deals.