Ranking Democrats introduced bills addressing standing to sue, mandatory arbitration and the definition of fiduciary. “We must reverse course and advance an agenda that protects workers’ retirement ...

Investment performance isn’t everything, and that’s especially the case with managed accounts. While target-date funds are typically assessed on their performance relative to a benchmark, managed ...

The Senate confirmed Keith Sonderling as secretary of labor on Wednesday evening in a 47-to-41 vote along party lines. The confirmation came nearly six months after Sonderling became acting labor ...

Ascensus launches workplace-to-wealth platform; Libretto releases insights hub for financial advisers; and Arch extends AI portfolio monitoring to pre-investments. Ascensus launched its ...

Managed accounts might seem more attractive for older demographics with more complex finances, but younger participants may see different benefits. Whether the attraction is personalized features or ...

Representative Haley Stevens, D-Michigan, Wednesday introduced a bill to lower the claiming age for Social Security benefits for workers in certain physically demanding jobs. The Blue Collar Social ...

CAPTRUST Financial Advisors LLC announced Wednesday the acquisition of two Long Island-based financial advisory firms. Compass Advisors and Long Island Wealth Management Inc., both located in Melville ...

As the public comment period for the Securities and Exchange Commission’s electronic delivery rule ends, several prominent industry groups have voiced support for what they see as a future-forward ...

Three congressional leaders called on the Department of Justice and FBI, Thursday, to conduct a criminal investigation, following reports earlier last week alleging that nearly 12,000 potentially ...

Sixty-three percent of first-generation wealth builders said they would prioritize saving for retirement over buying a home, according to a U.S. Bank survey.

Envestnet updates 3 platforms; Nestimate, Nationwide partner on TDF, lifetime income evaluation; Equitable debuts TDF series and bitcoin-linked RILA; and more. Envestnet Inc.’s third technology ...

A federal judge in California granted a motion Tuesday to dismiss a 401(k) forfeiture case against global property and casualty insurance company Liberty Mutual Group Inc. In the order, U.S. District ...