News

Standard & Poor’s will revamp its style indexes later this year by, among other things, dropping one of seven factors traditionally used to determine stock level style scores.

The third quarter saw a robust 169 new securities lawsuits filed, but the credit crisis is no longer leading the litigation charge, according to Advisen’s quarterly update on...

Target maturity funds enjoyed their second quarter in a row of positive returns, and on an annual basis significantly outperformed the S&P 500 Index, according to the Ibbotson...

The Social Security Administration announced there will be no cost-of-living adjustment (COLA) in 2010 for monthly social security and supplemental security income (SSI) benefits.

The Internal Revenue Service has announced cost of living adjustments applicable to dollar limitations for pension plans and other items for Tax Year 2010. 

Target-date funds have drawn a lot of scrutiny of late, but a new survey suggests that participants still have confidence in the approach. 

 Charles Schwab has been notified by the U.S. Securities and Exchange Commission (SEC) that it could be the target of an SEC civil suit.

Financial advisers take note: Mustached Americans are looking to better their savings habits.

New York Life Investments plans to hire three new vice presidents and one internal sales representative for its defined contribution investment-only (DCIO) team in the next month or...

Two investors are pointing their fingers at the U.S. government for failing to stop Bernard Madoff’s giant Ponzi scheme.

As investors remain optimistic about a global economic recovery, risk appetite is at its highest point since 2006, according to the latest BofA Merrill Lynch Survey of Fund...

Women are thinking twice about spending and many are dipping into their savings or investments, according to a survey by Citi.

The Hewitt 401(k) Index for September indicated 401(k) participants continued to slowly and modestly transfer assets from fixed income investments back into equities.

Open-end mutual funds saw inflows of more than $49 billion in September, according to data from Morningstar.

ING’s U.S. Retirement Services operation has introduced a new Web tool for customers to help them determine if they are on track to achieve their financial objectives in...

After months of fighting with regulators, Bank of America (BofA) is turning over documents about its purchase of Merrill Lynch, according to news reports.

By taking a picture of TIAA-CREF’s advertisements, smartphone users can link up with an investment consultant.

VALIC has been chosen by the University of North Texas (UNT) and Texas Woman’s University (TWU) as a 403(b) plan provider.

An insurance agent who purchased a book of clients from a retiring co-worker is suing the firm with which he is associated for stealing some of that business.

Some Americans are pulling back from investing—which potentially means fewer people will be in the market for a financial adviser, according to a survey from AlixPartners, a global...