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For the week ended Wednesday, October 17, investors injected $10.6 billion into open-end funds and exchange-traded funds and another $13.1 billion into money market funds, according to data from Lipper.

Franklin Templeton Investments announced the launch of its new online, interactive retirement center for advisors and plans sponsors on Thursday.

Vienna, Va.-based software company Eloqua, known for its marketing software, released Eloqua Asset Management, which it touts as the first-ever platform of marketing software aimed at institutional asset managers, mutual fund wholesalers and marketers in the financial services sector.

Franklin Templeton Investments announced the launch of its new online, interactive retirement center for advisors and plans sponsors on Thursday.

A recent paper by the Center for Retirement Research at Boston College suggests that in terms of actually being able to maintain one’s lifestyle in retirement, compared to other factors, the focus on asset allocation is largely misplaced.

Putnam Advisory, a unit of Boston-based Putnam Investments, was charged yesterday by Massachusetts state regulators with deceiving investors who purchased about $3 billion in mortgage-related securities created and sold by Putnam several years ago.

A little more than two years after the Dodd-Frank Wall Street reform bill was signed into law, a prominent Washington think tank has convened a broad range of policy experts to examine the law, to the extent that it has been implemented, and produce a substantive set of recommendations for lawmakers to consider as they mull updates to improve the financial regulatory landscape.

In spite of Medicare’s almost constant presence in the news recently, most U.S. investors still grossly underestimate how much they will need to save to cover the costs of healthcare in retirement, it emerged in a webcast last night from Wells Fargo’s retirement group.

Despite the worldwide market turmoil of recent years, U.S. investors have been boosting their allocation to overseas funds, but need more education from advisors to battle a serious overweight in U.S. stocks, according to a new white paper.

BOSTON - The membership of the National Investment Service Company Association voted to change the trade association's legal name to simply NICSA.

The membership of the fund services industry association Thursday morning named five new directors to its board and Fred Naddaff of Sungard as the board's chairman.

Kevin Keller, the CEO of the CFP Board, expain how enforcement has changed since he took the helm at the company and he looks ahead at the future of the group.

Asset allocation isn’t just about performance, it’s all about the client, advisors said in a panel discussion at the Money Management Institute Fall Solutions conference Thursday.

Morgan Stanley reported on Thursday that its global wealth management business saw it pre-tax income fall to $239 million, down from $356 million one year ago, and net revenue of $3.34 billion, up from $3.23 billion in the third quarter of 2011, as the firm closed its acquisition of the next stake in the Smith Barney joint venture.

In a financial services version of Woodstock 2012, more than a dozen exchange-trade fund providers including iShares, Vanguard and State Street have come together in an attempt to make ETFs as much a part of retail investors’ lexicon as mutual funds.

Greg Smith, the former Goldman Sachs Group Inc. salesman who publicly accused the firm of ripping off its clients, was denied a raise and a promotion in the weeks before he resigned in March, documents provided by Goldman show.

Royal Bank of Canada will probably miss its 2015 target of C$2 billion ($2 billion) in annual earnings from asset management because of low interest rates, executive George Lewis said.

Think target-date funds are the default choice du jour for define contribution plan sponsors? Think again.

Curian, Putnam Investments and the John Hancock Funds have won top honors in the 10th Annual NOVA Awards, which honor outstanding leadership and achievement in mutual fund operations and marketing.

Riverbridge Partners, which recently agreed to a deal with Northhill Capital, is making a play for the retail space with its new partner.