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Writing out retirement income plans is a great way for financial advisors to increase client satisfaction, gain more referrals and ultimately increase assets -- yet few of them do it, according to a new study from Fidelity Investments.

Is a mutual fund company responsible for the statements made in a prospectus for one of its funds?

One area where women are being left behind is in corporate America, said Aditi Mohapatra, Senior Sustainability Analyst at Calvert Investment Management, at the Women Advisors Forum in Chicago on Monday.

PNC Financial Services Group Inc. on Monday said it struck a deal to buy Royal Bank of Canada's U.S. retail banking operations for $3.45 billion.

Royal Bank of Canada plans to grow its U.S wealth and capital markets businesses after agreeing to sell its U.S. retail banking operations to PNC Financial Services Group.

BlackRock sees U.S. growth coming this year. Hays Advisory sees profits for U.S. manufacturing as the currencies of emerging markets strengthen. Raymond James says the markets are making a low and will turn up. Barclays doesn¡¯t expect to see more Fed stimulus. But Glenmede sees increased risk of a U.S slowdown.

Half of all U.S. employees are really not happy at their jobs, according to Mercer’s latest survey which covers 2,400 workers in the United States. Nearly one in three wants to leave, up from 23% in 2005, including about 20% of boomers ages 45-65, the group most likely to approach financial planners.

A number of areas of growing strength in the retail and commercial real estate market point to continued improvement in the U.S. economy, according to a report from real estate research and consulting firm Maximus Advisors.

Allianz Life Insurance on Monday released a new research paper, “Rethinking What’s Ahead in Retirement,” that finds Americans are now more concerned about guarantees and retirement income in retirement than they are on returns and control.

RidgeWorth Investments has added two additional sales executives to the six it recently hired for its newly created retail channel sales team led by Bob Kuberski, with Michael Reynolds and Mitchell Izumi joining the firm.

Investors whose financial advisers have presented them with detailed, written retirement income plans rate them highly, yet only 18% of pre-retirees who work with an adviser have a retirement income plan, a survey of 500 retirees, pre-retirees and advisers by Fidelity Investments found.

A new report from Morningstar looking at May’s fund flows adds further evidence that investors are growing less enchanted with equities in favor of more conservative assets.

The Supreme Court has ruled 5-4 that Janus Capital Group is not liable for false statements in a prospectus for the Janus Investment Fund made at the time of the 2003 market-timing scandal.

Jim Lyday has joined Lincoln Financial Distributors as head of institutional retirement solutions distribution, reporting to President and Chief Executive Officer Will Fuller. In this role, Lyday is responsible for distribution of Lincoln's defined contribution business among mid-to-large employers.

When financial services leaders are no longer confident, where does that leave the rest of us?

Financial advisers and investors may want to heed some cautionary words from several economists at the Wharton School who think that the country's current economic recovery will remain a sluggish affair and, whenever it does stabilize, it will likely mark the beginning of a "new normal" that's less robust and prosperous than prior cyclical peaks.

Preventing tax evasion is certainly a noble-and potentially profitable cause-for the U.S. government.

The Conference Board Leading Economic Index increased 0.8% in May to 114.7 (2004 = 100), following a 0.4% decline in April and a 0.7% increase in March. The largest contributions came from the interest rate spread, consumer expectations and housing permits.

Lightspeed Financial said it acquired the Irish operations of Lime Brokerage International.

Broadridge Financial Solutions said it is beginning to supply post-trade processing services to prime brokers and investment banks.