Portfolio

Retirement: It's the main goal of most investing and the biggest worry of most clients. As a sneak peek to our upcoming September issue on the topic, we list the top 10 target-date funds for 60-year-old investors.

Deferred income annuities last year generated about $1 billion in sales and are expected to be the fastest growing annuity product.

As Gen Xers and Gen Yers put their holey jeans and futons behind them, many financial institutions are trying to lure those newly affluent age groups with high-tech services.

John Hancock Financial Network has rebranded under the name Signator Investors, as a sign to advisors of its commitment to grow the advisory side of its business.

Bloomberg -- Bank of America Corp.’s Merrill Lynch unit agreed to pay $160 million to settle a discrimination lawsuit filed by black financial advisors, a lawyer for the plaintiffs said.

The Internal Revenue Service has provided summaries and a set of tips to help with compliance for some of the more complex areas of the foreign tax credit law.

When issues arise, advisors should follow the steps doctors take to diagnose and treat the problem to create a healthy, vibrant business.

The fact that clients don’t always divulge all their personal financial information to their financial advisors comes as no surprise. The questions that need to be answered, however, are: how many clients, what is being withheld and why are they so secretive?

The Securities and Exchange Commission today sanctioned a former portfolio manager at a Boulder, Colo.-based investment advisor for forging documents and misleading the firm’s chief compliance officer to conceal his failure to report personal trades.

BLOOMBERG -- The rate New York state and its local governments pay to the $160.4 billion pension fund will drop for the first time in five years, Comptroller Thomas DiNapoli said.