Practice

Approach with caution though, Spectrem says, as 46% of ultra-rich individuals say they feel they could manage their investments better than a professional.

The SEC should rein in the ABA's CUSIP Service Bureau and prevent it from charging financial market participants unreasonable and unwarranted fees, say three trade groups.

Pre-retirees who continuously held a 401(k) plan with Fidelity Investments for the past 10 years more than doubled their account balances, according to data released by the Boston fund company on Thursday.

What will it take for Americans to think of the words “women” and philanthropy” in the same sentence?

The average account balance for pre-retirees, aged 55 years or older, rose to $211,300 by the end of the third quarter from $96,000 ten years ago.

In September, the Basel Committee on Banking Supervision announced new standards to raise required common equity ratios to 7% by 2019, and have regulators implement the new capital rules by 2013.

The central bank aims to send an encouraging sign to investors: the economy is stable and the giant banks are safe. It's a gamble with some downsides.

Charles Schwab Bank, a trust and custody service provider to 401(k) and other retirement plans, has added the Schwab Institutional Diversified International Trust Fund to its suite of collective trust funds.

According to Janus, the ending point of glidepath is just one of several mysteries surrounding target-date funds.

Despite the increasing proliferation of target-date funds in employer-sponsored retirement plans, many sponsors aren’t very knowledgeable about the funds, Janus found in a survey.