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The Hartford Mutual Funds has reopened The Hartford MidCap Value Fund to new investors, effective September 1.

Bank of China (Suisse) Fund Management (BOCS) is offering the BOCS Fund to Chinese and foreign investors.

The Investment Company Institute (ICI) is pushing the U.S. Supreme Court to stick with the established legal framework when evaluating claims that a mutual fund’s investment adviser has...

The 6th U.S. Circuit Court of Appeals has reopened a case in which retirees of LG Philips Displays are seeking to be reinstated with health benefits that ended...

A federal judge has thrown out a stock-drop lawsuit against drugmaker Schering-Plough, but has permitted plaintiffs to strengthen its allegations of wrongdoing and refile it.

The PNC Financial Services Group, Inc., has announced its intention to merge Allegiant Asset Management Company with its affiliate, PNC Capital Advisors, Inc., on or about...

Six in 10 surveyed Americans said they could last financially for 90 days or less without a job, while 38% said their nest egg wouldn’t make it for...

Despite the tough economy, nearly nine in 10 employees are planning to maintain or increase the number of benefits they select and/or their coverage for next year, according...

Great-West Retirement Services has developed a communications campaign to support 401(k) Day, an event that encourages employers to set aside some time to remind their workforce of the...

MassMutual's Retirement Services Division has turned to William Erlandson to supplement its Taft-Hartley sales business.

Merrill Lynch will pay Florida $8.5 million to settle allegations over the sale of auction-rate securities (ARS).

Economic and job issues remain high on workers’ worry lists, especially for younger workers, according to a poll by The Hartford.

A federal judge in Connecticut has ruled that a drug company improperly forced out its chief patent counsel after the lawyer reached age 65 in 2004.

The Spectrem Affluent Investor Index (SAII) rose 1 point in August, while the Spectrem Millionaire Investor Index (SMII) saw a 6-point gain.

The number of participants who increased their contributions still outpaces the number who decreased contributions, according to Vanguard.

A survey conducted on behalf of TD Ameritrade found 73% of women are comfortable accumulating less than $1 million in savings before retirement, compared to 63% of men.

OppenheimerFunds has tapped William C. (Bill) Carey as head of distribution and Martha B. (Marty) Willis as chief marketing officer.

Montgomery, Alabama-based Colonial Bank, closed by authorities in August, has been hit with a stock-drop lawsuit by a retirement plan participant.

Morningstar Associates, LLC, has announced that USI Consulting Group is now offering managed retirement accounts through Morningstar Retirement Manager.

Alabama Attorney General Troy King has taken over a probe into at least $10 million in fees paid by to the Alabama State Employees Association from the 457...