News

SEC To Require Mutual Fund Summaries

The Securities and Exchange Commission (SEC) on Wednesday voted unanimously to improve mutual fund disclosure by requiring funds to provide investors a concise summary in plain English.

Principal Guide Outlines a Course

As market turbulence takes its toll on everything from 401(k) account balances to pension plan funding, employers are scrambling to assess the full impact on their retirement programs.

Putnam Announces Equity Restructuring

In order to boost the equity side of Putnam Investments, CEO Robert Reynolds said the firm will undergo several changes, including an elimination of staff positions, the merging...