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The insurer signed a 5-year deal with IBM to transition its virtual desktop cloud environment to IBM's Smart Business Desktop Cloud solution.

Insurers may learn from how banks are addressing the fallout from the Epsilon data breach.

In addition, 55% don’t know how much they will need to retire.

A House oversight committee hearing slated to examine state and municipal debt Thursday devolved into an extended debate about collective bargaining, featuring two sitting governors from opposite ends of the political spectrum.

Tax-free municipal money market fund assets declined by $2.25 billion to $316.80 billion in the week ending April 11, representing a major acceleration of outflows from the previous week, according to the Money Fund Report, a service of iMoneyNet.com.

According to MetLife's survey, 51% of advisors said investors need alternative investments to manage portfolio volatility better.

Small business owners first crippled by the economic downturn and then further encumbered by a tight lending environment in its aftermath are set to hire more workers, make more capital investments and are reducing their retirement savings targets this year as they set their sights on growth and expansion.

Investment management executives told SEI, in a survey at a recent event for the company’s clients, that they plan to continue to invest to increase efficiency, reduce risk, and enhance client experience.

As Boomers start moving into retirement, a huge pool of money is “in motion,” reports a study by Pershing LLC, and those financial advisors who manage to “capture the retirement relationship” with investment clients stand to gain 50% more of those clients’ wallets.

ETFs make up roughly 10% of the average Gen X or Y investment portfolio, according to data from TD Ameritrade, and people of all ages have higher ETF balances today than six months ago.