Money Management Executive Latest News

Hartford Financial Services Group Inc. plans to revamp its annuity lineup and target business owners as part of an initiative to develop its wealth management business.

The Securities and Exchange Commission has named Kathleen Griffin as the agency's first chief compliance officer in an ongoing effort to strengthen its internal compliance program.

Currencies in China, Brazil, Canada and Australia all offer attractive returns in the coming months, compared to sub-par performance from the euro, British pound and Japanese yen, according to Paul McCulley, a fund manager at Pacific Investment Management Co.

With the tax deadline fast approaching, wealth management clients are deciding whether they are going to convert from a traditional Individual Retirement Account to a Roth IRA.

Mutual fund investors often represent significant shareholder blocks in big Wall Street firms, but they take little interest in elections of board directors or other proxy matters.

Collective investment trusts are growing in popularity among large companies seeking to provide employees with lower-cost retirement savings options, but some experts worry that these plans don't offer investors enough disclosure.

After taking massive losses in 2008, many on Wall Street expected investors in target-date funds to invest their retirement savings elsewhere.

In an opinion piece in The Wall Street Journal, Charles R. Schwab, chairman of Charles Schwab Corp., spelled out the grave danger that the near-zero fed funds rate poses for senior citizens.

Franklin Promotes Bolt to Chief Operating Officer

Not long ago, I asked a group of advisers who read my newsletter, Inside Information: Given all the recent market turmoil, what future, after-inflation market returns are you using in your retirement projections and Monte Carlo simulations-and why?