Practice

The stunning decline in property values across most of the country, a prolonged recession and plain-old negligence and shortsightedness on the part of American workers have all combined to make retirement more a fantasy than a reality for tens of millions of Baby Boomers who are will soon turn 65 years of age.

Optimism among small business owners fell in March, according to a survey by SurePayroll.

The Municipal Securities Rulemaking Board’s draft rule on gifts and gratuities could shut down muni advisers, the municipal market’s largest financial adviser is ­warning.

AllianceBernstein, having expanded the diversification of its target-date funds earlier this year to mitigate the effects of inflation, has just issued a white paper discussing the importance of grappling with inflation risk.

Despite the warnings from financial planners, relatives and the media, nearly two-thirds of Baby Boomers surveyed said Social Security will be either an "extremely" or "very" important source of income when they retire.

The nation’s stock exchanges and the Financial Industry Regulatory Authority Wednesday filed a proposal with the SEC to establish a new “limit up-limit down” mechanism that would limit swings in stock prices, during periods of volatility.

The nation’s stock exchanges and the Financial Industry Regulatory Authority filed a proposal to establish a new “limit up-limit down” mechanism that would limit swings in stock prices, during periods of volatility.

In a proposed new rule regulating the use of third-party service providers, the self-regulatory agency for broker dealers, says that outsourcing doesn’t relieve a broker-dealer from its regulatory obligations.

In the wake of the economic downturn that pummeled markets and investor accounts, one would think financial advisors would have learned that forging and maintaining extensive contact with their clients is critical to keep and finding new business.

Despite the warnings from financial planners, relatives and the media, nearly two-thirds of Baby Boomers surveyed said social security will be either an "extremely" or "very" important source of income when they retire.