The U.S. defined benefit pension market is going to be hit with a massive shakeup that will see three-quarters of private-sector DB assets frozen or terminated in the next five years, compared to 25% currently.
BISYS Group, Inc. has agreed to a $25 million settlement with the Securities and Exchange Commission (SEC) over charges that the financial services provider used improper accounting practices to overstate earnings by as much as $180 million.
Standard&Poor's has launched indexes that include the most liquid stocks in Brazil, Russia, India, and China that comply with Shariah law.
Standard&Poor's has launched fully investable indexes for Muslim investors that include only stocks that comply with Shariah law.
Nearly half (42%) of plan sponsors do not have a relationship with a financial adviser.
Many of us will be firing up the grills this weekend and gathering with friends and/or family for the long Memorial Day weekend.
The Vanguard Group announced that it has filed a registration statement with the Securities and Exchange Commission (SEC) for its fifth international ETF.
The most common mistake made by consumers in the adviser selection process - accepting marketing information as accurate.
Clients want to know they are on their way to achieving life goals, not investment performance.
IndexIQ Inc. has agreed to provide indexing solutions to Advisor Partners LLC, a separate account manager serving the professional high end adviser market.
Although behavioral components are important, financial literacy and trust are critical variables in understanding 401(k) plan savings behavior.
Although the ruling in Financial Planning Association v. SEC was set to go into effect today, the Securities and Exchange Commission (SEC) has filed a stay, asking for more time to transition fee-based brokerage accounts into other account types.
There’s little question that automatic enrollment “works,″ at least in terms of turning employees into participants—just as there is little doubt that, left to their own devices, too many employees remain on the retirement-savings sidelines.
Mutual funds seem to vote proxies in ways that protect them from negative reprisals.
Fear, regret, inertia, aggressiveness, and susceptibility can influence retirement investors to react to market uncertainty in ways that may not be in their best interest, according to a new Prudential Financial survey.
Five black current and former employees of Bank of America Corp. filed a discrimination suit Thursday against the bank, alleging that it assigns its black employees to primarily minority neighborhoods and low net-worth accounts.
Harris Investment Management is now offering institutional investors a long equity portfolio geared toward the microcap U.S. equity market, an international equity product, and a long/short equity product.
Nearly three-quarters of workers say they plan to continue working on a part-time basis after retirement; 21% say that part-time work will be a major source of retirement income and 52% say it will be a minor source.
An online payroll services firm is getting ready to bring a new online 401(k) offering to market.
The Citi Smith Barney Working Wealth Investor Poll for May indicates a u-turn in affluent investors’ confidence.