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Could Americans have learned their lesson about saving versus spending?

Regulators might already be taking a harder look at target-date funds, but it now looks as though Congress will get into the mix as well.

A Bloomberg news report said six of the nine largest U.S. target-date fund providers by assets have junk bonds in their 2010 portfolios.

Putnam Investments hired Scott Sipple as head of Strategic Relationships, focused on communication with the asset management research platforms of major wealth management firms.

FaithShares Trust has rounded out its family of exchange-traded funds (ETFs) aiming to avoid investments objectionable to investors of various religious faiths.

With one eye cast toward the recent closely watched excessive fee case Hecker v. Deere & Co., a federal judge in Illinois has thrown out a similar participant...

In its annual investment outlook, BofA Merrill Lynch Global Research projected above-consensus GDP growth and a bullish outlook for equities.

The U.S. Securities and Exchange Commission (SEC) said today it is investigating Bank of America Corp.’s (BofA) failure to disclose Merrill Lynch’s losses to shareholders voting on Merrill’s...

ING said it has added staff to further the company’s multicultural sales efforts, particularly in its retirement services business.

FaithShares Trust has launched what it says are "the first three exchange-traded funds (ETFs) addressing the investment needs of Christian investors."

Merger and acquisitions (M&A) among registered investment advisory (RIA) firms has slowed, but firms are poised for resurgence, according to a new industry study.

Nearly half of registered investment advisers (RIAs) reported gaining clients and improving client satisfaction in the last year, according to the latest study of how RIAs fared during...

Scottrade now touts a larger selection of institutional class mutual funds for registered investment advisers (RIA) to choose from.

R.H. Donnelley Corp., publisher of the Yellow Pages, is facing a lawsuit brought by 401(k) plan participants who claim the company should have discontinued offering company stock as...

Lawyers for participants in Marsh & McLennan Co.'s (MMC) Stock Investment Plan have hammered out a $35-million settlement with the company of allegations it violated the Employee Retirement...

Most advisers don’t see independent online brokerages as a threat to their businesses—but a new report suggests they might be.

PIMCO announced that it hired Neel Kashkari, the former czar of the Troubled Asset Relief Program (TARP), as well as two portfolio managers from Franklin Templeton Investments.

NextStep Defined Contribution, Inc., has agreed to add the SmartPlan Enterprise interactive-video retirement planning system from vWise, Inc., to the NextStep participant education offering.

A new bill aims to inform participants of how their account balances translate into actual income in retirement. 

A federal appellate court’s to-the-point ruling in an excessive fee case involving United Technologies Corp. (UTC) may not have been couched in elaborate language, but it nevertheless extended...