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Baron Income Fund Invests in Growth Companies
Baron Funds unveiled its Baron Retirement Income Fund, which invests in growth companies to provide investment growth along with income that outpaces inflation.
Retirement vs. College: The Savings Debate
Parents are feeling more stretched about where to allot their savings, according to research from Putnam Investments.
Affluent Most In-Demand for Retirement Income Services
TowerGroup says advisers should use a “holistic″ approach to tap the lucrative market of providing retirement income services to affluent investors.
IMHO: National Treasure
This coming Friday, the nation will, in large part, set aside its normal business for a three-day weekend filled with cookouts and fireworks displays, as we commemorate the...
Alger Consolidates Fund Brands
Expect to see changes in the fund lineup of Fred Alger Management, Inc., including consolidation of all of the open-end mutual funds under the “Alger″ brand.
Smith Barney’s ‘Golden Handcuffs’ Receive Court Approval
The New Jersey Supreme Court approved Smith Barney’s employee stock-purchase compensation plans that carry forfeiture provisions if participants quit before fully vesting.
401(k) Equity Allocation Out of Whack, Study Says
A Vanguard study said that 43% of 401(k) plans lack the correct equity exposure.
EBRI Testifies to Congressional Committee about IRAs
The CEO of EBRI testified to the Committee on Ways and Means that IRAs are an important part of the retirement landscape.
Money Market Funds Big Winners in May
The combined assets of the nation's mutual funds increased almost 2% in May, according to the Investment Company Institute (ICI).
More Wealth Means More Demand for Trusted Advisers
The increasing number of high-net-worth individuals (HNWI) worldwide means an increased need for talented advisers.
NFP Names Three Executives
National Financial Partners Corp. named Elizabeth Weber to head of firm business development, James Poer to president of NFP Securities, Inc., and Stan Barton to General Counsel, the...
The Pool of Advisers Continues to Shrink
Cerulli estimates that the U.S. has lost about 3,000 financial advisers in the last few years.
UBS Securities Faces Charges of Fraud by Mass. Authority
Massachusetts authorities sued two subsidiaries of Swiss bank UBS AG, alleging they misled investors about the safety of auction-rate securities.
Northern Trust Strengthens Ohio Presence with Acquisition
Northern Trust Bank, FSB, will acquire Lakepoint Investment Partners LLC of Cleveland, Ohio, an investment management firm.
Retirement Income Focus of DC Growth
A McKinsey&Company study said retirement income will be the future of the DC marketplace.
Allstate Planning Tool Considers Whole Retirement Picture
Allstate introduced a Web-based customer survey tool that goes beyond the numbers to consider individual’s hopes, dreams, fears, and readiness for their retirement years.
Law Firm Continues Probes of Fiduciary Breaches
The law firm of Stember Feinstein Doyle&Payne, LLC , has turned its watchful eye to possible fiduciary misconduct at Fifth Third.
Vanguard Announces First Index Global Fund
The Vanguard Group launched a fund that seeks to track the investment performance of the FTSE All-World Index, a benchmark of approximately 2,900 stocks in 47 countries.
Not Every Man is for Himself, Study Says
Affluent men hope to teach their offspring about money matters and inheritance, according to a survey by a wealth management firm.
Retirement Savings Tab Just Got Bigger
Another estimate from Fidelity Investments adds to the financial resources individuals need to save for retirement.