Advisors can expect a promise from the SEC of more advisor exams this year.

The plan violates the Illinois constitutions guarantee that benefits of any state pension or retirement system shall not be diminished or impaired, according to a complaint filed yesterday in state court in Springfield, Illinois.

The drain on company cash is easing after rising rates and surging stock prices helped increase the pension funding levels to 93 percent last year for 418 large companies with U.S. plans.

IMS Health Holdings Inc. filed for a $100 million initial public offering.