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Although the Pension Protection Act of 2006 has gone a long way toward addressing many of the issues plaguing the defined contribution system, a report from State Street Corp. said that more has to be done to ensure participants adequately save for retirement.
March 19 - Money Management Executive
One of the cruel lessons people learned from the great housing bust was that the value of their homes won’t always go up.
March 19 -
Financial planners, watch your backs. Financial Engines, a retirement plan advisor co-founded by a Nobel Prize winner, completed an initial public offering Monday that blew the doors off the IPO market and affirmed investor belief in a business model that offers low-cost sophisticated retirement advice to individual investors.
March 19 -
American investors remain confused about this economic recovery, according to monthly data from Morningstar.
March 18 -
The Investment Company Institute is on board with many government reforms intended to make money market funds more secure, but not all of them.
March 18 -
SEI is offering enhanced, online portfolio and account monitoring services for wealth managers, to help them deal with increasing regulations concerning account reviews.
March 18 -
The unwinding of the Federal Reserve's liquidity programs is unlikely to boost the sickly yields on tax-free money market funds, participants say.
March 18 -
U.S. households increasingly are making retirement investment decisions on their own, often placing nest-egg balances in different types of accounts at multiple institutions. And a huge chunk of that money has gone into everyday banking products.
March 18 -
Redemption fees successfully protect mutual funds from short-term traders, whose churning can serious hurt fund performance, according to “Redemption Fees: Reward for Punishment,” authored by three researchers at Texas Tech University’s Division of Personal Financial Planning.
March 18 - Money Management Executive
Long-term funds have had a full year of positive sales, raking in $514 billion in the week ended March 10, bringing total sales for the past 52 weeks to $506.6 billion, the Investment Company Institute said.
March 18