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From recommending different products to rethinking their risk management strategy, some financial advisers say they have changed their approach in the wake of last year's market slump.
June 2 -
Connecticut lawmakers in the House of Representatives are expected to pass a hedge fund transparency bill, possibly ending the states days as a hedge fund haven, The Wall Street Journal reports.
June 1 -
Federated Investments has acquired two mutual funds from Touchstone Advisors, the Touchstone Value Opportunities Fund and the Touchstone Diversified Small Cap Value Fund. Combined, the two funds have $233 million in assets. And they will be folded into the Federated Clover Value Fund and the Federated Clover Small Value Fund, respectively.
June 1 -
In an interview with the Newark Star-Ledger, AARP CEO A. Barry Rand said he is intent on alleviating the shock and pain that is causing some people to believe its no longer possible to achieve the American dream.
June 1 -
Only 33% of parents are investing in college savings 529 plans, and only 20% of households earning $150,000 or more are taking advantage of them, according to a Gallup survey commissioned by Sallie Mae.
June 1 -
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In a challenge to one of mutual funds' strongholds, exchange-traded fund providers are targeting defined contribution plans.
June 1 -
How far the 401(k) has come since employers first introduced the savings plan in 1981. And how far it has yet to go. 401(k)s, I predict, will become universal in our lifetimes, supplanting all forms of pension plans.
June 1 -
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While index funds already have a place in the lineup of most 401(k) plans, a proposed federal mandate to require at least one index fund option in these plans is intrusive and unnecessary, according to industry experts.
June 1