Former DOL Secretary Elected Democratic Chairman
Perez was head of the Department of Labor when it drafted and began rolling out the new fiduciary standard for retirement plans.
Groups Appeal DOL Fiduciary Case in Texas
Five national co-plaintiffs and four groups in Lone Star State file to appeal Judge Lynn's decision to uphold the fiduciary rule.
Wait for It: Buffett Set to Release Investor Letter
This weekend marks the expected release of the Oracle of Omaha's yearly message to market participants.
Butler to Replace Booth as Co-CEO of Dimensional Fund Advisors
David Booth will continue in his role as executive chairman and will remain closely involved with the firm on strategic initiatives.
How Do US Retirees Compare to Global Counterparts?
A Vanguard report looks at retirement attitudes in four countries.
Merrill Trims Fees for Some Clients With Less Than $1M
The cuts could bring charges down to roughly 2.2% of assets, saving clients some $5,000 a year.
SEC Investor Advocate Launches Investor Research Initiative
The POSITIER initiative will utilize surveys, focus group tests and other tools to better assess investor needs and influence rules.
LPL Moving 133 Jobs From San Diego to South Carolina
Fewer than 40 employees are being offered the chance to move across the country in order to keep their positions.
SS&C, Jemstep Announce New Partnerships: Tech Roundup
SS&C Technologies has partnered with Aon Insurance Managers to launch a joint platform that will simplify insurance-linked securities valuation.
SEC 'Continues to Wrestle' With Target-Date Fund Risk Rule: IM's Grim
Former SEC Commissioner Wallman urges IM to "tackle" TDF risk disclosure rule.