Trump’s New Labor Pick Acosta Likely to Be More Nuanced Than Puzder
DOL nominee Acosta would bring experience and intellect to the department’s review of Obama-era regulations. Here's what some ERISA experts are saying.
Elder Care Costs Surprise and Stress Military Families
The sizable cost of elder care often catches many middle-class military families off guard.
$700M Morgan Stanley Team Moves to Raymond James Indie Group
Steward Partners opens a new office in Florida with six breakaway brokers that have nearly $6 million in annual fees and commissions.
OMB Looks Ready to OK Delay of Fiduciary Rule
The OMB was scheduled to meet Tuesday with AARP to discuss the proposal the DOL filed recently.
Two-Thirds of Americans Aren’t Putting Money in a 401(k)
A dark, detailed new look at why many employees may never be able to retire.
BofA Hikes CEO Moynihan’s Pay 25% as Citigroup Cuts Corbat's
Bank of America shares climbed most in bank index last year; Citi trims CEO's 2016 compensation 6.1% to $15.5 million.
Retail Investors Bullish in Trump Era: E-Trade
Bullish sentiment is highest in more than a year, E-Trade poll finds.
Risi Elected to Vanguard Charitable Board
The national donor-advised fund, with nearly $6.5 billion in grants to charities, is celebrating its 20th anniversary.
New York Life to Pay $3M in 401(k) Suit
The lawsuit claims New York Life kept the MainStay S&P 500 Fund in the 401(k) plan when a less expensive alternative investment was available.
DOJ Files to Halt Thrivent Case Against DOL Fiduciary Rule
Meanwhile, Judge Daniel Crabtree, in the case brought in Kansas, denied Market Synergy's motion for summary judgment.