Practice management

Most consumers don’t read the prospectus they receive when they purchase a variable annuity and a new report released by the Insured Retirement Institute on Monday found that 94% of consumers would prefer to receive a shorter, printed summary prospectus online or upon request.

Data giant Thomson Reuters has teamed up with real-time systems monitoring provider ITRS to allow financial firms to keep track of the performance and speed of Thomson Reuters’ market data platforms.

The majority of Americans say they want and need income replacement projections for their retirement but most have neither access to that data nor an understanding of how to translate their 401(k) savings into a stream of retirement income, according to an online survey of more than 1,000 401(k) investors by J.P. Morgan.

CFPs can go bankrupt without losing their CFP license. But they can be punished for failing to promptly notify FINRA and the CFP Board.

Fidelity Family Office Services has formed a partnership with Foundation Source to offer back-office services to the asset custodian’s 140 single-family office clients.

You can be the best financial advisor in the world but if people don't know you're there, they'll miss out -- and so will you. And when people do find you, either through a referral or targeted marketing strategy, how are they likely to respond?

As banks search for their place in the fast evolving world of social media, they are increasingly looking to technology to help them cope with a tangle of potential regulatory and legal challenges.

Endace, a network monitoring infrastructure firm, has teamed up with Verizon to help financial firms prevent losing critical market data from trading venues.

More 401(k) participants are invested in single target-date, balanced fund or managed account advisory services, according to Vanguard’s “How America Saves 2011” report.

European clearinghouse LCH.Clearnet confirmed market talk that it wants to enter the market and service alternative trading platforms.

You might think that doing the most productive thing at every given moment means that you should always be working or always doing something tangible that moves you closer to your goals. In reality, top achievers realize that there are numerous “things” they can do, that on the surface may not appear to move them closer to their goals, but in fact actually do.

While the international millionaire population’s wealth rose past pre-crisis levels in 2010, wealth managers need to prepare as that demographic gradually shifts to younger clients, according to a new report released on Wednesday.

With only 51% of Americans believing they will have enough money to enjoy a comfortable retirement, an all-time low, the Country Financial Security Index fell one point in June to 63.7.

The SEC wants to exclude the value of a client’s primary residence and any debt secured by the property when calculating a household’s net worth. What took so long?

Despite witnessing firsthand the anxiety and apprehension that many of their Baby Boomer parents are now enduring as they close in on retirement, the overwhelming majority of Gen-Xers are still not adequately preparing themselves for their own eventual retirement.

It’s official. Senior ranking Wall Street operations executives must be licensed as operations professionals. The Securities and Exchange Commission has approved the Financial Industry Regulatory Authority’s request to do so, albeit with some minor changes.

While international regulators continue to spar over the right size of a proposed capital surcharge for the largest banks, the U.S. banking agencies are disagreeing among themselves on the issue.

Writing out retirement income plans is a great way for financial advisors to increase client satisfaction, gain more referrals and ultimately increase assets -- yet few of them do it, according to a new study from Fidelity Investments.

One area where women are being left behind is in corporate America, said Aditi Mohapatra, Senior Sustainability Analyst at Calvert Investment Management, at the Women Advisors Forum in Chicago on Monday.

Lightspeed Financial said it acquired the Irish operations of Lime Brokerage International.