Practice

Two weeks after announcing a new 529 college savings partnership with the state of Nevada, Putnam Investments said it plans to expand sales of the program nationally.

Securities and Exchange Commission Chairman Mary Schapiro said Thursday the federal regulator could possibly issue new proposed shareholder corporate governance and executive compensation reform rules “in the next few weeks."

As the battle rages over harmonizing regulation under fiduciary standard, are more rules really the answer?

Many pre-retirees have “no idea” when they will be able to retire.

A closer examination of why (and why not) annuities belong in a 401(k) plan.

The Securities and Exchange Commission plans to launch its new office of municipal securities by the end of October, chairman Mary Schapiro said in prepared testimony presented to the Senate Banking Committee Thursday.

The Securities and Exchange Commission charged two State Street Bank and Trust Co. employees for allegedly misleading investors about their exposure to subprime investments.

As the Financial Stability Oversight Council prepared to hold its first meeting Friday, members of the panel faced open doubts from lawmakers and others about how fast it can move and what it can accomplish.

Robert Reynolds, the company’s chief executive officer, said in an interview Thursday that Putnam has offered 529 plans for 10 years, but this plans will take a broader national approach.

The Great Recession and increasing concerns about the future of Social Security have led Americans to find new ways to build retirement income, according to a new survey from the Employee Benefit Research Institute.