News

Does the stock market affect retirement decisions?

A new report by the Vanguard Center for Retirement Research notes that financial literacy plays a critical role in improving 401(k) savings behavior.

A U.S. Court of Appeals has overturned a $2.1 million award won by an ex-Merrill stockbroker, but upheld the original verdict, along with an $850,000 award for defamation.

Two consultants and a university professor have formed a company to help advisers and plan sponsors better evaluate target-date/lifecycle fund offerings.

The Social Security Administration announced the monthly Social Security and Supplemental Security Income benefits for more than 54 million Americans will increase 2.3% in 2008.

MassMutual's Retirement Services Division has added six new sales representatives to its institutional sales team over the past several months, the company announced.

SPA ETFs Inc., an investment adviser and affiliate of investment product provider London&Capital, has listed its initial U.S. equities-focused exchange-traded funds (ETFs) on the American Stock Exchange.

Contrary to popular belief, during times of financial uncertainty, investors reduce, not increase, the turnover of their financial assets, according to research from Strategic Insight (SI).

Pioneer Investments now offers two online calculators on its Web site that compare benefits of various types of retirement plans available to individual business owners.

Putnam Investments has announced a plan to enhance the diversification of its target maturity funds by adding nine new underlying components.

Fiserv, Inc., a provider of information technology services to the financial industry, has announced it has acquired BancIntelligence, an online advisory solution for financial institutions.

Financial Research Corporation (FRC) has released a new study that reveals the retirement income market is poised for innovation and significant future growth.

Beneficial Investment Services, Inc. (BIS), the newly established broker-dealer and registered investment adviser of Beneficial Financial Group, has announced the recent enhancement of its investment platform through an...

State Street Global Advisors (SSgA), the investment management arm of State Street Corporation, is offering three new fixed income SPDRs, including the first ETF to offer investors exposure...

Schwab Institutional on Monday announced a new relationship with national human resources outsourcing company TriNet to provide health care and benefit services for independent investment advisers and their...

AIM Investments has rolled out an educational module for financial advisers to help them navigate clients through various scenarios involving Social Security’s role in retirement planning.

Even when all other significant demographic factors were held constant - things such as age, income, gender, and education – Whites were nearly twice as likely as African-Americans...

We spend a fair amount of time worrying about the relatively small percentage of workers who choose not to participate—at all, fully, or effectively—in their workplace savings plan.

In the midst of a growing concern about the vulnerability of senior citizens, the Financial Industry Regulatory Authority (FINRA) has announced the availability of a free, instructional webcast...

There are disparities between retirement income for women and men and women generally have less retirement income than men, largely because of women's lower labor force attachment and...