Portfolio

France raised its pension retirement age by a mere two years, from 60 to 62, and people took great umbrage to that. Protests broke out in the street, and union leaders said they'll strike. One-third of the nation's TVG fast trains were expected to be canceled.

The SEC will also require glidepath graphics and asset allocation taglines in advertisements—a new twist for funds that really aren’t as easy as they look.

The Securities and Exchange Commission voted 5:0 Wednesday to require target-date funds to do a better job of explaining the purpose of their retirement date, how their asset-allocation glidepaths change over time, and, in a new twist, to include easy-to-understand visuals in ads.

Charles Schwab opens the doors to its "virtual university" to help RIAs better utilize its technology

As of May 31, 885 exchange-traded funds in the United States had $748 billion in assets, down 5.5% from a month earlier.

The ICI is asking both high-frequency traders and dark pools for more information—and turning to the SEC for help.

With the global debt crisis set to corral investment banking's bull run, it's questionable whether the largest lenders can compensate for a resultant decline in a top source of profits.

Investor-adviser relations are considerably improving, Fidelity Investments and National Financial found in a survey of 350 investors and 218 brokers and advisers.

Mutual fund investors preferred bonds, while gold set the standard for ETF inflows.

Senate Republicans have proposed an alternative bill to extend expiring tax-law provisions that would not include Build America Bonds, a major difference from pending legislation, which would extend the BAB program by two years while gradually reducing its subsidy rate to 30% from 35%.