Subject Root Tag

Since the financial crisis and Great Recession, 401(k) plans have undergone dramatic shifts. To foster diversification and greater participation, 51% of participants in Fidelity Investments' 401(k) plans are in automatically enrolled plans, up from 16% five years ago, and 73% of the plans use target-date funds as the default, up from 11% in 2006.

PHOENIX, Ariz. – He blew right by me. On one leg.

The operators of the Hong Kong Exchanges are taking steps to enter the index business, toward creating benchmarks of the performance of stocks on mainland China and in emerging markets, such as Russia, Brazil, India and South Africa.

Fidelity Investments has filed with the Securities and Exchange Commission Dec. 1 to offer a broad range of domestic and international equity and fixed income exchange-traded funds – putting to rest longtime speculations as to when, not if, Fidelity would enter the ETF market.

Neuberger Berman has placed Fayad Abbasi, an analyst at the center of a federal insider-trading probe, on paid leave. However, a Neuberger Berman spokesperson told The Wall Street Journal that the company was unaware of Abbasi being named in the investigation

The Dow Jones Industrial average closed out its best week in more three years Friday essentially flat, finishing off less than one point (0.61) at 12,019.42 despite a much-better-than-expected jobs report.

Lots of older clients are surprised to find themselves starting new careers. Here's a road map planners can use to help them.

Assets of the nation’s exchange-traded funds rose 10.9% in October to slightly more than $1 trillion, according to the Investment Company Institute’s latest report on ETFs. That’s up $131.4 billion, or 14.2%, from a year ago.

Here’s why it might make sense to diversify into some Asian mutual funds, according to analysts at S&P Capital IQ: While Europe’s growth will be hampered by debt turmoil in the next year, growth in Asia is expected to continue to exceed that of the United States.

Bank of America Corp.'s relatively new wealth-management unit for mass-affluent consumers is on target to meet growth goals, despite recent shakeups at the company's broader retail bank.

It was a mixed bag for stocks Thursday as investors awaited much-anticipated non-farm payroll figures due out Friday morning, one week after the Labor Department reported an unsettling spike in jobless claims.

Fidelity Charitable has rolled out GivingCentral, an online advisor platform, and a dedicated advisor service team.

Thomson Reuters said it would begin providing custom charting of pricing data on key financial markets on two of its information services.

Fidelity Charitable on Thursday rolled out GivingCentral, an online adviser platform, and a dedicated adviser service team.

The Expect Miracles Foundation – Financial Services Against Cancer Thursday announced its 2012 Expect Miracles Awards, sponsored by American Century Investments. This will be the program’s third year. Entries are being accepted through March 5.

For financial advisors, the introduction of iPad over the past year has changed everything. Notoriously resistant to new technologies, advisers have become envious of the remarkable advancements taking place in the consumer tech market.

But most of that money went back into bond funds and hybrid funds, which took in a combined $16.3 billion for the month.

Fixed annuity sales fell 7% in the third quarter to $19 billion, according to Beacon Research’s Fixed Annuity Premium Study. For the year to date, sales fell slightly less than 1% to $58.3 billion.

Robert J. McCann was named chief executive of UBS Group Americas, adding to his responsibilities for the firm’s wealth management unit.

A Dallas district court upheld a $1.7 million FINRA arbitration panel’s penalty against Raymond James Financial Services over how a former independent contractor handled the finances of an elderly Texas man and the estate of his deceased wife.