Retirement Advisor

The Financial Industry Regulatory Authority (FINRA) issued an investor alert about the risks involved with exchange-traded notes (ETNs) this week.

Legislation passed by Congress that changes how pension plan liabilities are calculated for funding purposes should translate into near-term relief for companies struggling with shortfalls, but wont eradicate long-term shortfalls.

Consumers who rely on financial advisors are more likely to be saving in a retirement plan and to be saving at a higher rate than those without an advisor, according to a new study.

Employees who had access to one-on-one financial education tended to participate more in their retirement plans and save more.

The disparate retirement treatment given to GM and Delphi workers was alternatively lauded and disparaged during a politically-charged hearing before the House Tuesday.

While members of the House Financial Services Committee sparred on Tuesday over whether the Dodd-Frank Act is hurting more than its helping, representatives from various segments of the financial services community testifying before the committee stopped short of saying Dodd-Frank needs to be repealed.

San Bernadino joins Stockton as another large city forced to bankruptcy because of troubles covering payroll and pension costs for employees.

With the first deadline for participant disclosures now a month-and-a-half away, plan sponsors need to do their homework, especially in light of fiduciary rules.