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Social Security Cash-Flow Turns Negative

by Editorial Staff

Thu, Mar 25, 2010

Unemployment has forced many people to apply for benefits sooner than planned while also reducing payroll tax revenue. But the change won't affect benefits.

Fiduciary Standard Stripped From ‘Dodd Bill’

by Editorial Staff

Thu, Mar 25, 2010

Broker-dealers and life insurance agents want the SEC to continue to regulate them using a standard of care based on suitability, not fiduciary duty.

Financial Execs Invited to Endorse ‘Fiduciary Statement’

by Editorial Staff

Thu, Mar 25, 2010

"No man can serve two masters," said John Bogle, founder of The Vanguard Group and member of the Committee for the Fiduciary Standard.

Australians Want More Workplace Savings

by Editorial Staff

Thu, Mar 25, 2010

After more than a decade of compulsory contributions, Australians have over AU$1.177 trillion in their state-sponsored defined contribution plan.

More Assets Moving From 401(k)s to IRAs

by Editorial Staff

Thu, Mar 25, 2010

“We are definitely seeing an uptick in the number of 401(k) plan participants who choose to roll over plan assets," a Charles Schwab executive said.

Vandalism Follows Obama Health Bill Signing

by Editorial Staff

Thu, Mar 25, 2010

On Wednesday, Democratic legislators had reportedly received death threats and been the victims of vandalism because they voted for the health care bill.

Hartford Financial Prepares to Repay U.S. Treasury

by Editorial Staff

Thu, Mar 25, 2010

Hartford Financial borrowed $3.4 billion in 2009 under the Treasury Department's Troubled Asset Relief Program.