Government reform of pension plan regulations should guarantee participants that disclosures will be “relevant, timely and succinct,” according to Prudential Financial.
Reston, Va.-based MAXIMUS received a one-year, $2 million contract from the Centers for Medicare & Medicaid Services (CMS) to assist with reviews and information services regarding COBRA assistance.
The majority of not-for-profit organizations are offering target-date funds for their 403(b) plans, according to a new survey, which comes several weeks after federal regulators convened a hearing in Washington, … Read →
A former broker-dealer with Ameriprise and GunnAllen Financial could spend up to 30 years in federal prison after pleading guilty to overseeing a $1.9 million investment fraud scheme.
As employer-sponsored retirement plans have increased their use, the Certified Financial Planner Board of Standards wants the federal government to prohibit target date funds from serving as default investments in … Read →
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.