Portfolio

Wall Street is abuzz over whether the FDIC will encourage pension funds to invest in failed banks.

How will health care reform affect your clients? Where does the buy-and-hold argument stand? Are Americans doing something about their debt? What concerns about the economy still exist? Today, commentary from JPMorgan, Raymond James, Research Affiliates, T. Rowe Price and Gluskin Sheff makes sense of the economy’s current state.

In their recent shift toward retail deposits, one factor that has helped banks is weak competition from money market funds.

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.

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.