Portfolio

Mounting evidence shows education can indeed help employees make better decisions to build retirement savings, including a recent survey by the TIAA-CREF Institute and North Carolina State University (NCSU).

The path to retirement can be a long haul, so author David Shapiro recommends using GORP: goal-oriented retirement planning. The admittedly cutesy acronym does not diminish the gravity of Shapiro's topic, funding retirement for the millions of American Baby Boomers who have not yet saved enough.

Employees of maligned fund giant Putnam Investments tiptoed around company procedures in the area of expense payments, several Putnam funds admitted in a series of disclosures to shareholders.

MIAMI -- With Baby Boomers turning age 50 at a rate of 12,000 a day, meeting the needs of mutual fund investors has forced investment advisors to redefine retirement. That's one person every eight seconds for those scoring at home.

It's not every day one encounters a company that's content to be No. 2. But that's exactly the business plan of Principal Retirement & Investor Services. While Principal serves three million investors in 40,000 employer plans, most of those plans are at companies with 1,000 workers or less.

Until now, the low-end separately managed account marketplace has seemed a bit like a Baskin-Robbins shop where you could get everything but vanilla. But if Kevin Carter has his way, the SMA industry could soon be getting a long-awaited 32nd flavor: index funds.

Morningstar has announced plans to create a global hedge fund and private partnership database.

There are many laws that hold parents responsible for the willful misconduct of their children, and now it looks like Marsh & McLennan Cos. (MMC) may have to face the music for its lack of oversight of its Putnam Investments unit.

Barclays Offers First ETFs In a 401(k) Savings Plan

New York State may have changed the way mutual fund companies compete in the 529 college savings plan market.