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Plan participants who pick their own mix of investment options are generally exposed to greater risk due to reduced diversification, according to The Principal.
August 24 -
ICI President and CEO Paul Schott Stevens said the "exhaustive record" before the SEC did not support the changes that it was proposing.
August 24 -
The inclusion of alternative ETFs in a portfolio provides a risk-adjusted benefit to investors, according to research from Lipper.
August 24 -
After a large inflow the previous week, assets held in institutional money market funds decreased by $1.06 billion to $1.686 trillion for the week ending Aug. 22.
August 24 -
Municipal bond mutual funds saw inflows fall by more than half the previous week's amount, dropping for the second straight week. But they've thus far remained positive through the summer lull at $436 million for the week ended Aug. 22.
August 24 -
Delaware County Bank & Trust in Lewis Center, Ohio, is the latest bank to add private banking in an effort to court more high-net-worth customers.
August 24 -
Merrill Lynch is expected to head into a New York court Friday and hammer out a settlement that could potentially affect the deferred compensation of thousands of financial advisors that have left the firm since its 2008 combination with Bank of America.
August 23 -
The Dow Jones Industrial Average fell 115.30 points Thursday to close at 13,057.46 while the Nasdaq and S&P 500 lost 20.27 points and 11.41 points, respectively.
August 23 -
After a large inflow for the previous week, assets of institutional money market funds decreased by $1.06 billion to $1.686 trillion for the week ending Aug. 22.
August 23 -
The inclusion of alternative ETFs in a portfolio provides a risk-adjusted benefit to investors, according to research from Lipper.
August 23
