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Only 34% of Americans expect to be prepared for retirement, according to a recent Wall Street Journal Online/Harris Interactive poll of 1,772 people who are key financial decision-makers in their households. Nearly a third, 27%, don't think they'll have enough money saved, and 39% are not sure.

The Securities and Exchange Commission will host its first national CCO Outreach Seminar on Nov. 8 at the Commission's headquarters. With space available for only 500, the SEC is accepting registrations online and giving priority to chief compliance officers. The SEC will also webcast the all-day meeting at its home page.

European mutual funds fees are almost twice as high as U.S. fees, as portfolios in the states benefit from economies of scale in a unified market, according to research firm Fitzrovia, a division of Lipper.

Fulbright & Jaworski Taps Former SEC Heavyweights

In the five years since the end of 1999 through 2004, those Americans who consistently maintained their 401(k) accounts in that time period saw their balances rise 36% to an average of $91,042, according to a study released last week by the Employee Benefit Research Institute and the Investment Company Institute.

Tanya Styblo Beder, the head of Citigroup's hedge fund unit, is looking into the future of hedge funds, and her predictions are not too pretty.

The Vanguard Group's investment counseling and research division has just released a report comparing the advantages of equity mutual funds and separately managed equity accounts.

After a rather courageous allegation this month by J & W Seligman against New York Attorney General Elliot Spitzer for allegedly overstepping his authority by forcing it to reduce fees, the Attorney General now alleges in a state court filing that improper trading at the firm brought more harm to investors than Seligman earlier admitted to.

The chief financial officer and the chief executive officer of Bayou Group pleaded guilty to federal felony fraud charges yesterday afternoon, according to an online report from The New York Times.

Trying to assess the risk of a hedge fund by comparing it to the competition is near impossible. But several companies are now trying to provide a dependable ratings service much like that available from Lipper, Reuters and Standard & Poor's for the mutual fund industry, The Wall Street Journal reports.

Investors near retirement are now being by Vanguard Group to an array of new online interactive planning tools.

Mutual Fund performance may not be the most important thing to worry about for investors who want their retirement savings to grow, The Wall Street Journal reports.

Mutual funds have been acting like hedge funds lately. More and more, mutual funds are applying hedge fund-like strategies, and some even buying out whole shops.

Only 34% of Americans expect to be prepared for retirement, according to a recent Wall Street Journal Online/Harris Interactive poll of 1,772 people who are key financial decision-makers in their households. Nearly a third, 27%, don't think they'll have enough money saved and 39% are not sure.

Although banks and credit card companies have done a good job of pursuing Generation Y'ers, other investment firms, including mutual fund companies, have largely ignored them, Dow Jones Newswires reports.

Janus Capital has proposed changes in the fee structure of some of its mutual funds to reflect their performance against benchmarks.

Investors should populate their portfolios with both exchange-traded funds and index funds to make it well diversified, and at the same time keep operating costs low, The Wall Street Journal reports.

Mutual fund complexes, which own more than 22% of U.S. corporate stocks, are the puppets of corporate bigwigs, and the relationship is harming shareholders, a new study from the Center for Political Accountability (CPA) claims.

U.S Treasury Undersecretary Randall Quarles believes that regulators should consider more comprehensive oversight of hedge funds, Reuters reports.

European mutual funds fees are almost twice as high as U.S. fees as portfolios in the states benefit from economies of scale in a unified market, according to research firm Fitzrovia, part of Lipper, Reuters reports.