In big firms' fight to avoid paying deferred compensation to advisors who jump to rivals, much of the legal wrangling has centered on federal retirement law. Processing Content But another factor is ...
A former Merrill broker's bid for more than $500,00 in deferred compensation has been rejected, underscoring Merrill's position that such payments are bonuses, not guaranteed retirement benefits.
The Department of Labor weighed in on a thorny legal issue for Morgan Stanley: Are the company’s deferred compensation plans for advisors covered by a federal retirement law? It doesn’t look that way, ...