Practice

A key point of contention in the Senate regulatory reform bill comes down to a critical question: How much flexibility should the government have when a systemically important firm falters?

Victory Capital Management, the asset management arm of KeyCorp's KeyBank, says it is positioned to quickly expand the assets it manages in collective investment trusts, or CITs, for defined contribution plans, but the effort will not lack challenges.

With no estate tax, everything could go to the kids.

Baird Private Wealth Management, a division of Milwaukee-based Baird has not said exactly how many advisors they want to recruit from the wirehouse channel this year, but this much is clear: the Arizona market is heating up.

ING plans to launch a registered indexed annuity called Select Multi-Index next month and is voluntarily registering it with the Securities and Exchange Commission in anticipation of Rule 151A.

A key banking industry argument against the creation of a consumer protection agency — that the new division would write rules that conflict with safety and soundness standards — is shaky.

Most non-retired Americans doubt they will ever have enough money to live comfortably in retirement, according to a Gallup poll. But Allianz Life Insurance Co., offered a series of tips to help.

Fidelity Investments expects sales of its 401(k)s to continue to increase through third-party financial advisers to small and midsized companies-and the company plans to reduce fees to gain additional share. In August, Fidelity plans to switch its Advisor 401(k) platform to a system where the adviser receives a flat fee from Fidelity instead of several different fees in the form of 12b-1 fees.

A little more than a year after the worst of the financial crisis, many Americans are slipping back into their old saving and spending habits, according to a new study commissioned by the online investing firm Scottrade.

Thanks to their robust disclosure policies, mutual fund companies are generally well-protected against investor lawsuits, but that won't stop lawyers from trying anyway.