Practice

You will almost certainly need to hire new, younger advisors at some point in your career. Do you know where to look—or better yet, what to look for?

As the defined contribution model replaces the defined benefit plan as the dominant retirement savings option, State Street sees room for improvement.

Donor-advised funds have gained in popularity as more private foundations have seen the benefits of the funds over the complexities of running their own foundation.

Buyers of long-term-care insurance chose cheaper policies and more inflation protection in 2009, according to research from the AALTCI.

The House Financial Services Committee plans to probe the regulatory failures that led up to the collapse of Lehman Brothers after a bankruptcy examiner released a damning report last week on the investment bank’s accounting manipulations.

SEI is offering enhanced, online portfolio and account monitoring services for wealth managers, to help them deal with increasing regulations concerning account reviews. SEI, portfolio monitoring, Richard Kardys

SIFMA and CMSA back Garrett's follow-up bill

Sen. Richard Shelby raised concerns with bankers on Thursday that "too big to fail" would survive if a proposed $50 billion fund to help unwind failing financial institutions remains in the Senate's latest regulatory reform bill.

Federal Deposit Insurance Corp. Chairman Sheila Bair opened the door Thursday to extending blanket deposit insurance coverage on business accounts, but disagreed with another regulator's push to count more loan-loss reserves as capital.

The unwinding of the Federal Reserve's liquidity programs is unlikely to boost the sickly yields on tax-free money market funds, participants say.