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Scout Picks Up Indiana Fixed-Income Shop

Scout Investment Advisors, a subsidiary of UMB Financial Corporation, has agreed to acquire Reams Asset Management Company, an investment management firm specializing in fixed-income products.

One to Three Drinks a Day is A-OK

A new study in the journal Alcoholism: Clinical and Experimental Research provides the strongest evidence yet that moderate drinking can make you live longer.  

WaMu to Settle Stock Drop Suits for $49M

A federal court has given preliminary approval of a settlement that would resolve lawsuits alleging breaches of fiduciary duties under the Employee Retirement Income Security Act by Washington...

NAIRPA Comments on SEC Target-Date Fund Proposal

In a letter to the Securities and Exchange Commission (SEC), the National Association of Independent Retirement Plan Advisors (NAIRPA) calls for “focused disclosure” of target-date funds and said that...