Practice

Forbes has compiled its list of the world's billionaires and a few mutual fund executives have made the cut.

Charles Schwab & Co. is in the midst of a regulatory struggle with the Financial Industry Regulatory Authority that threatens to change how the firm and other retail brokers do business with its clients.

At the outset, the U.S. Supreme Court's latest ruling against the Securities and Exchange Commission-that there is a five-year limit on bringing fraud claims- may sound like a victory for mutual funds and their advisors.

Norm Champ has been on the job as Director of the Division of Investment Management at the Securities and Exchange Commission for eight months and a lot of mutual fund executives are nervously waiting for the SEC has in store for the industry in 2013 and beyond.

A year after not-quite-closing the book on one retirement-related lawsuit, Fidelity Investments is once again fighting allegations that it improperly used customers’ money earned in overnight accounts to pay its own operating expenses, Reuters reports.

To make your investment in social media worth it, know what you want to get out of it.

Blogging doesn’t just give you something to tweet, it can help make you an easy-to-find expert.

Ever since the Great Depression of the 1930s, Social Security has been a major source of retirement income, and will most likely continue being so for generations to come.

More than four years after the financial crisis, individual investors remain wary about investing because of market volatility and past portfolio losses. David L. Giunta of Natixis says it is also clear how difficult it will be for advisors and other financial professionals to help these clients take steps to act in their own best interests. But, now is the perfect time for advisors to re-engage.

Survey respondents estimate they will need on average about $66,000 in annual income, significantly less than their current average income of $115,000.