Pension Annuity Fund Hit for Setting Its Own Fees
ULLICO pays $20 million to settle a Labor Department claim that it didn't disclose its fees to investors.
Moody’s Frets over Fidelity’s Governance
The month after the investment company’s conversion to an LLC, the rating agency takes issue with Fidelity's management performance.
Formula 401(k) for Education?
IBM plans to launch employee-funded, company-matched learning accounts and is pushing the government to provide a tax break for contributions.
Companies Checking Out E-Payments
Checks are slowly declining as the de facto method for paying suppliers, an Association for Financial Professionals survey reveals.
Logitech Fires Treasurer Over Bad Investments
Not only did he make choices that were vulnerable to the credit-market fallout, but he lied to management about them, the company says.
Intel CFO Promoted to Operations Chief
Recognizing the broad role he already had carved out, the company finally gives Andy Bryant his wish to relinquish the chief financial officer title after 13 years.