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The industry group plans to unveil recommendations for restoring confidence in the markets at its annual conference scheduled for November.

The tools were developed to help the “woefully low” number of people on track for a secure retirement and compel them to take action.

The banks saw increases in year-over-year comparisons on every gauge measured by an industry survey—average bank production increased 9% for the first quarter.

The bank trust channel is an important one despite a modest growth outlook.

Dodd-Frank Act measures designed to prevent a repeat of the global credit crisis will be largely complete by the end of this year, financial regulators plan to tell lawmakers at a hearing today on the 2010 law.

REITs “have been one of, if not the biggest contributors” to the underperformance and volatility in mortgage bonds, said Bryan Whalen, co-head of mortgage bonds at Los Angeles-based TCW Group Inc., which oversees about $131 billion of assets.

U.S. banks with $50 billion of assets or less will probably pursue more mergers in the next 18 months to contend with higher regulatory costs and competition for loans, Fitch Ratings said.

Investment pitches by entrepreneurs and hedge funds may get a higher public profile on television, through social media and even at sporting events following the lifting of an 80-year-old rule by U.S. securities regulators.

Mutual funds had outflows of $4.89 billion for week ended Tuesday, July 2, according to the Investment Company Institute.

Dozens of lawmakers are urging House leaders to reject proposals to eliminate or cap the exclusion for tax-exempt bonds.