- Money Management Executive
MetLife believes that the once-ignored "emerging investor" is becoming critical to asset managers and advisers as firms try to figure out how to retain and recruit new clients.
March 22 -
This year marks the 30th anniversary of the 401(k), the revolutionary retirement savings vehicle that has been annihilating pension plans, empowering individuals to take part in the stock market-and, sadly, that left retirees with the misfortune of leaving the workforce in 2000 or 2008 very badly off.
March 22 -
PHOENIX -- The mutual fund industry has been wracking its brains to come up with a suitable solution that provides investors with a guaranteed income component in retirement, but has so far failed to achieve this goal.
March 22 - Money Management Executive
Vanguard Group plans to spend more on advertising this year as it increases its spending on targeted marketing online. Last Monday, Vanguard announced a multi-channel advertising campaign that encourages investors to "Stop just investing and start Vanguarding."
March 22 -
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This year marks the 30th anniversary of the 401(k), the revolutionary retirement savings vehicle that has been annihilating pension plans, empowering individuals to take part in the stock market-and, sadly, that left retirees with the misfortune of leaving the workforce in 2000 or 2008 very badly off.
March 22
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NEW YORK—Following one the worst global financial meltdowns, the economic recovery has exceeded almost anyone’s expectations and will get another jolt when employment numbers begin to improve in the next couple of months, according to Barclays Capital.
March 19 -
More than $2 trillion in public pension fund assets could potentially change management as these funds question the advantage of alternative investment classes and seek more reliable, less correlated choices in the wake of 2008 losses.
March 19 -
Money market mutual funds could continue to pay low yields, even after a future rise in interest rates turns their income around.
March 19 -
The Securities and Exchange Commission is promising to take another look at revising or eliminating 12b-1 fees this year, now that the financial crisis seems to be abating.
March 19 -
Although the Pension Protection Act of 2006 has gone a long way toward addressing many of the issues plaguing the defined contribution system, a report from State Street Corp. said that more has to be done to ensure participants adequately save for retirement.
March 19 - Money Management Executive
One of the cruel lessons people learned from the great housing bust was that the value of their homes won’t always go up.
March 19 -
Financial planners, watch your backs. Financial Engines, a retirement plan advisor co-founded by a Nobel Prize winner, completed an initial public offering Monday that blew the doors off the IPO market and affirmed investor belief in a business model that offers low-cost sophisticated retirement advice to individual investors.
March 19 -
American investors remain confused about this economic recovery, according to monthly data from Morningstar.
March 18 -
The Investment Company Institute is on board with many government reforms intended to make money market funds more secure, but not all of them.
March 18 -
SEI is offering enhanced, online portfolio and account monitoring services for wealth managers, to help them deal with increasing regulations concerning account reviews.
March 18 -
The unwinding of the Federal Reserve's liquidity programs is unlikely to boost the sickly yields on tax-free money market funds, participants say.
March 18 -
U.S. households increasingly are making retirement investment decisions on their own, often placing nest-egg balances in different types of accounts at multiple institutions. And a huge chunk of that money has gone into everyday banking products.
March 18 -
Redemption fees successfully protect mutual funds from short-term traders, whose churning can serious hurt fund performance, according to “Redemption Fees: Reward for Punishment,” authored by three researchers at Texas Tech University’s Division of Personal Financial Planning.
March 18 - Money Management Executive
Long-term funds have had a full year of positive sales, raking in $514 billion in the week ended March 10, bringing total sales for the past 52 weeks to $506.6 billion, the Investment Company Institute said.
March 18