Practice

The sixth-largest U.S. bank by assets said it may be sued by American International Group over mortgage-backed securities that the insurer purchased before the financial crisis.

ETFs let you maintain asset allocation while taking tax losses.

The IRS released the annual cost-of-living adjustments last week affecting dollar limitations for pension plans and other retirement-related items for tax year 2014.

Some advisors worry that the new rules could inspire an irrational enthusiasm.

The segment may be ready to equal or even surpass its high-net-worth peers in appeal to the financial planning industry.

What, exactly, do high-performing advisory firms do differently than their less successful peers?

Commentary: Syndicated columnist David Sirota is on a mission to prevent public pension funds from investing in “alternative assets” such as private-equity and hedge funds.

The Treasury Department and the IRS have loosened the “use it or lose it” rule for flexible spending arrangements for health care, allowing participants in health benefit plans to carry over up to $500 from their FSA from year to year.

The agency issued its annual inflation adjustments for more than 40 tax provisions, including the tax rate schedules, and other tax changes for 2014.

Eight leading managers of money-market mutual funds urged the SEC to alter the way it defines retail funds in proposed new rules for the industry.