Portfolio

PHOENIX -- The mutual fund industry has been wracking its brains to come up with a suitable solution that provides investors with a guaranteed income component in retirement, but has so far failed to achieve this goal.

48% Saving Less for Retirement

This year marks the 30th anniversary of the 401(k), the revolutionary retirement savings vehicle that has been annihilating pension plans, empowering individuals to take part in the stock market-and, sadly, that left retirees with the misfortune of leaving the workforce in 2000 or 2008 very badly off.

The Securities and Exchange Commission is promising to take another look at revising or eliminating 12b-1 fees this year, now that the financial crisis seems to be abating.

Market Players Push for Changes

Acknowledging that regulatory guidance to limit banks' concentration in commercial real estate has failed, Comptroller of the Currency John Dugan said Friday that the banking agencies will issue new, tougher standards.

NEW YORK—Following one the worst global financial meltdowns, the economic recovery has exceeded almost anyone’s expectations and will get another jolt when employment numbers begin to improve in the next couple of months, according to Barclays Capital.

More than $2 trillion in public pension fund assets could potentially change management as these funds question the advantage of alternative investment classes and seek more reliable, less correlated choices in the wake of 2008 losses.

Money market mutual funds could continue to pay low yields, even after a future rise in interest rates turns their income around.

The Securities and Exchange Commission is promising to take another look at revising or eliminating 12b-1 fees this year, now that the financial crisis seems to be abating.