Practice

Fund executives also don’t like the proposed new name “marketing and service fees.”

The mutual fund industry has weighed in through its comment letters on the Securities and Exchange Commission’s plan to rename 12b-1 fees as “marketing and service fees” and capping them at 25 basis points.

The Department of Labor is cracking down on employers who fail to deposit workers’ retirement or health plan contributions but using the money for their own purposes instead.

The ugly truth is that more and more Americans are incurring debt with no plans on paying it back before they pass away.

John Bowman, the acting director of the Office of Thrift Supervision, lashed out Wednesday at the Dodd-Frank Act, arguing it made his agency the scapegoat for the financial crisis and ...

According to government figures, at least 70 percent of people over age 65 will eventually require some form of help with personal care such as dressing or using the bathroom and 40% will need a nursing home. Nursing homes now cost $80,000 a year on average.

Goldman Sachs introduced an upgraded version of its execution management system, designed to help traders carry out 'relative value' strategies aimed at cancelling out effects of broad market moves.

Asset managers are in a race to develop products that provide guaranteed retirement income, effectively duplicating annuities.

Analysts say growth will stall or slow if upper income households see a tax increase.

In short, there has never been a more important time to proactively manage our businesses.