Practice

Fifty-five percent of men focus on planning their financial health at least once a week, compared to 42% of women, a survey by Genworth found. Nonetheless, more women than men believe financial well being is critical to maintaining a balanced life.

European hedge fund advisors will soon be faced with the same challenges – and requirements – as their U.S. peers.

European hedge fund advisors will soon be faced with the same challenges – and requirements – as their U.S. peers.

Outflows from long-term funds totaled $4.58 billion in the week ended July 20, the Investment Company Institute said.

A Fidelity Investments survey released on Thursday found that a majority of Americans do not understand how their pensions work.

National Planning Holdings, Inc., one of the nation’s larger independent broker-dealer networks, announced this week it has contracted with business technology firm Erado to supply its more than 3,500 affiliated representatives with compliance services for social media applications.

A Financial Industry Regulatory Authority arbitration panel has ordered Merrill Lynch to pay $8.1 million in compensatory damages to a family corporation that claimed the firm had breached its fiduciary duty with its investments.

MassMutual has made a number of enhancements to its RetireSMART target-date and lifecycle funds, most notably adding mutual fund options to its target-date series. Previously, only separately managed accounts through a group annuity contract were offered as target-date funds.

Americas Trading Group said it selected NYSE Technologies to provide the backbone for its high-performance execution platform.

In what may be a sign of a tightening of regulation of social media use by investment advisors, the Securities Division of the Massachusetts Secretary of State’s Office is issuing new guidelines and best practices standards that will go into effect next year.