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Almost seven in 10 U.S. households that own traditional IRAs have developed strategies for managing income and assets in retirement, according to a study released last week by the Investment Company Institute.

Investors’ continuing obsession with purchasing Treasury bonds is a sign of ‘irrational exuberance,’ says the chairman of investment manager T. Rowe Price when 10-year yields are under 2.0%.

Retirement plan advisors’ top five concerns include new disclosure rules, market volatility, finding greater flexibility and customization in plans, measuring a given plan’s success and an expected redefinition of fiduciary status.

Most advisors don’t have a disaster recovery plan. We all like to think it won’t happen to us when we think of the big ones -- tornado or hurricane -- but all firms and advisors need to be prepared for anything that can cause an interruption to our business and serving our clients. Here's what you need to know to get started.

It seems more and more common lately that when you turn on the T.V. or open your Internet browser there is breaking news of some sort of disaster. From direct financial disasters such as market volatilities to weather related disasters like floods, tornados and fires, to even more large-scale disasters like earthquakes, tsunamis and nuclear crisis; disasters are unavoidable. But how prepared are you to deal with a major disaster, or other unexpected events that can trigger change? Here are 10 steps that should help you and your firm build a disaster recovery plan so you can be prepared should the unimaginable arise:

Optimism about the economy has plummeted on all fronts in the U.S. and Europe by more than twice the amount in previous quarters, diving to its lowest level in over a year, according to a new survey.

The asset management industry's exceptional agility following the financial crisis, most particularly its ability to improve profitability, is masking long-term challenges to growth, according to McKinsey & Co.

Muni market participants say the rule in its current form could affect about half of municipal securities and reduce liquidity in the muni bond market. The Volcker Rule was part of the Dodd-Frank Wall Street Reform and Consumer Protection Act that became law in 2010.

Former American International Group CEO Maurice R. "Hank" Greenberg is seeking $25 billion in damages from the federal government for the manner in which it bailed out the insurance giant in 2008.

Yes, the European debt crisis and the U.S. deficit crisis persist. Yes, the markets for asset-backed securities, corporate bonds and initial public offerings are depressed. Yes, the Joint Committee on Deficit Reduction has disbanded. But there’s still much to be thankful for, on Wall Street. Whether you’ve been pre-Occupied in the last two months (or two years) or not.