News

The mass of Baby Boomers retiring and their potentially inadequate savings will present challenges for the whole economy.

More companies are making the financial wellness of their work force a priority in 2013, according to an Aon Hewitt survey.   

Morningstar Inc. reported estimated U.S. mutual fund asset flows through December 2012.

Adam Casavant joins U.S. Bank Institutional Trust and Custody in Chicago as a relationship manager.

James Treanor was promoted to principal and head of research, and Jonathan Havice to chief investment officer at Jeffrey Slocum and Associates Inc.

Charles W. Coldwell Jr. was promoted to vice president of consulting services at Pentegra Retirement Services.   

Participant reactions to recessions could result in lower retirement savings, a report shows.

Morningstar Inc. rolled out the Morningstar US Real Asset Index, a diversified portfolio of liquid assets that traditionally provide a hedge against inflation.

Research from Cerulli Associates shows increased interest in environmental, social and governance (ESG) investing, and not just among nonprofit organizations.

Change will continue to dominate business practices in the sixth year since the financial crisis,  according to a report from Aite Group.

CFA Institute launched an education program, the Claritas Investment Certificate.

Business Roundtable (BRT) developed a strategy to shore up Social Security and Medicare to reduce the deficit and stabilize the long-term fiscal outlook.

 How many cows are in Canada? 

Employees want to improve their retirement savings and want employers to share more of that responsibility with them, a survey suggests.

Mutual of Omaha’s Retirement Plans Division aims to extend its 401(k) and related product lines with the addition of four new regional...

Fidelity Investments is closing Fidelity Small Cap Discovery Fund (FSCRX) to new accounts.

An analysis suggests employee stock-owned companies laid off fewer workers during the recession.

Assets grew 19.1% in 2011 for advisers registered both as registered investment advisers (RIAs) and as brokers, Cerulli found.

Symetra Life Insurance Company unveiled a Web-based retirement planning toolkit for advisers as part of a retirement planning education campaign.

Workers today are less likely than their parents or grandparents to keep up the standard of living from their working years in retirement, research found.