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Lawmakers told Phyllis Borzi, head of the Department of Labors Employee Benefits Security Administration (EBSA) on Tuesday, to repropose the agency's controversial regulation amending the definition of fiduciary under the Employee Retirement Income Security Act (ERISA), because the definition offered is too broad and because EBSA failed to examine the...

Just like it’s not a career kids dream about, neither is it the first consideration for recent graduates or those contemplating new jobs. And from the look of it, it’s not even a career brokers dream about. In fact, for some brokers, the field has turned into somewhat of a...

The National Association of Insurance and Financial Advisors (NAIFA) released a survey on Tuesday which found that since the economic meltdown, middle-income clients of advisors have become more interested in products with risk-protection components.

A debt-busting deal on the scale that President Barack Obama and House Speaker John Boehner are seeking all but guarantees that people on Medicare would feel at least some of the pain.

Over the last 12 months, the U.S. Department of Labor and the Securities and Exchange Commission proposed several rules, regulations and legislation that will soon change retirement planning for allinvestment companies, employers and investors.

With little motivation for todays brokers to stay in the game, what will drive a new wave of young professionals into the industry?

A newly released audit that criticizes oversight of the Kentucky's $13 billion pension fund could provide the impetus needed to get the legislature to act.

Phyllis Borzi, head of the Department of Labors Employee Benefits Security Administration (EBSA), fought back on Tuesday against criticisms EBSA has received regarding its controversial regulation amending the definition of fiduciary under the Employee Retirement Income Security Act (ERISA).