News

Perkins Investment Management LLC, a subsidiary of Janus Capital Group, announced that Perkins Small Cap Value Fund (JSCVX) reopened to new investors, effective Friday.

Comment letters flowing into the U.S. Department of Labor (DoL) over the recently postponed investment advice regulations make it clear that the issue is red hot with controversy.

U.S. investors started off 2009 continuing their contributions to mutual funds—particularly into money-market funds, according to Strategic Insight.

A new tool from the Principal allows advisers to show clients what percentage of employees is saving enough to maintain their standard of living in retirement.

Bernard Madoff pleaded guilty in Manhattan federal court to 11 felony counts related to a $50 billion Ponzi scheme, federal officials announced.

Participants in Charles Schwab Self Directed Brokerage Accounts (SDBA) fled to safety during the economic downturn, according to Schwab data for the fourth quarter of 2008.

Dallas-based television station owner Belo Corp. has suspended the company’s 401(k) match, trimmed some salaries, and cut its workforce because of the slumping economy.

The trend that has seen some employers hard-hit by the recession opt to suspend their 401(k) match has reached the lobbying organization dedicated to helping Americans in retirement.

Whatever happened to 12b-1 fee regulation?

Nine female financial advisers from across the country were named to lead Securian Financial Group’s Women’s Interactive Sales Exchange (WISE) Council.

Fidelity Investments introduced a new program to help registered independent advisers (RIAs) hire, develop, and retain employees.

Baby Boomers continue to consume and use more social technologies, and retirement-focused sites are taking up the opportunity.

Ernst & Young said its Financial Planner Line saw a dramatic increase in employee inquiries about penalties and tax implications associated with early withdrawals from 401(k) plans.

Ashtabula, Ohio-based Molded Fiber Glass Companies has discontinued its 401(k) match.

As part of a cost-cutting plan, Utah County has suspended contributions to employee 401(k) accounts.

The financial crisis has taken a toll on the nation’s wealthiest, with almost a third of high-net-worth households losing millionaire status, according to a Spectrem Group report.

The Employee Benefit Research Institute/American Savings Education Council (ASEC) offers free tools for employees to evaluate their finances and determine appropriate solutions.

The SPDR Barclays Capital Long Term Credit Bond ETF began trading on the NYSE Arca on Wednesday, State Street Global Advisors (SSgA) announced.

Fidelity Investments launched three new Fidelity Advisor Funds: Fidelity Advisor Global Balanced Fund, Fidelity Advisor Worldwide Fund, and Fidelity Advisor Convertible Securities Fund.

American workers and retirees are taking charge of their personal financial well-being by spending less and focusing more on their long-term financial future, according to the latest Principal...