Money Management Executive Latest News

Treasury Offers Interim Tax-Credit Bond Guidance

Fidelity Taps Henderson as Clearing Canada Chief Exec

In 2011, 401(k) plans will turn 30, but the milestones the mutual fund industry has reached in this time are but a nanosecond in the history of U.S. retirement policy.

The majority of dollars that wealthy investors formerly allocated to workplace-based retirement accounts like 401(k)s and 403(b)s are now being poured into individual retirement accounts, according to a report by Cogent Research LLC.

A recent survey of 401(k) practices found that 68% of employers allow employees to contribute 25% or more of their earnings into their 401(k) plan, according to marketing research company Business and Legal Resources.

American Century Investments has announced the launch of its Strategic Inflation Opportunities Fund to address growing concerns about inflation and an increased demand for non-correlated asset classes.

The pace of mergers and acquisitions in the asset management industry is expected to pick up for the rest of this year both nationally and globally after tumbling in the first quarter.

While 45% of pre-retirees say they expect to rely on 401(k) plans or individual retirement accounts to fund their retirements, the number is shrinking, according to a new Gallup poll.

ProShares has launched four new exchange-traded funds that seek to provide 200% of the daily return of their respective indexes.

The Insured Retirement Institute on Thursday sent a “broad, comprehensive” response to the request for information on lifetime income that the U.S. Departments of Treasury and Labor recently issued.