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Explore our detailed 2025 Wealthfront review for beginner investors. Learn how to simplify investing with automated ...
The US Labor Department moved to pause two cases before the US Court of Appeals for the Fifth Circuit where it is set to defend a Biden retirement account fiduciary rule that rankled Wall Street.
According to Gallup’s 2023 Honesty and Ethics poll, a mere 12% of American adults believe stockbrokers are highly ethical. This places them just above members of Congress, car salespeople, and ...
Federal legislation to protect workers’ retirement savings was signed into law in 1974: the Employee Retirement Income Security Act, or ERISA. It's having a midlife crisis.
The hybrid RIA is the latest firm to face allegations that it enriched itself at customers' expense by paying unfairly low interest rates in its cash sweep programs.
According to the complaint filed in Arizona federal court, the firm’s cash sweep practices “violate common law, federal law ...
Federal Judge Reed O’Connor ruled in Spence v. American Airlines that the airline breached its fiduciary duties under the ...
Plan fiduciaries of the Allstate 401 (k) have prevailed in a fiduciary breach suit challenging their selection of a set of target date funds and advisory services. Plan fiduciaries of the Allstate 401 ...
The Eleventh Circuit Court of Appeals recently held that a life insurance company did not breach its fiduciary duties by retaining the benefits ...
Many employer-sponsored defined contributions plans, including 401(k) profit sharing plans and money purchase pension plans ...
Laurie Rowley, co-founder and CEO of Icon, argued that every individual should take their 401(k) with them and outlined a ...