Fiduciary plan brings out fans, foes
Is a new fiduciary regulation needed to provide clarity and protection to retirement plans and participants, or would it be an onerous, costly and unnecessary regime that would curtail advice and wreck financial markets?
Fixed income: Fewer high-yield strategies
High-yield strategies continued to lead the top fixed-income strategies for the one-year period ended Sept. 30, according to Morningstar Inc.'s separate-account/collective-investment-trust database, though their dominance of late has waned
Gundlach’s DoubleLine registers 3 bond mutual funds
DoubleLine Capital is launching three fixed-income mutual funds, according to the company's filing with the SEC.
TCW sues ex-exec Gundlach for $200M
TCW today filed suit against its former chief investment officer, Jeffrey Gundlach, and his new asset management firm,…
Older workers more confident about retirement stash
Older workers are feeling more confident about their ability to retire comfortably, but younger workers, particularly those with defined-contribution plans, are growing increasingly worried.
Crandall promoted to CEO at MassMutual
Roger W. Crandall was named CEO of Massachusetts Mutual Life Insurance, effective Jan. 1, confirmed MassMutual spokesman Mark Cybulski.
Obama aims to hike taxes on investment fund managers
President Barack Obama during his State of the Union address called for increasing taxes on investment fund managers, oil companies and those making more than $250,000 a year.
Wells Fargo and Evergreen to revamp fund lineup
Wells Fargo Funds Management and Evergreen Investment Management are planning a series of fund mergers, reorganizations and liquidations to form the Wells Fargo Advantage Funds family, confirmed Wells Fargo spokeswoman Laura Fay.
Bond portfolios that played it safe fared best
Safety reigns supreme this year, with managers of long-duration and government bond strategies taking six of the top 10 spots in Morningstar Inc.'s database of separate accounts and collective investment trusts for the year ended March 31.
Employees don’t understand target funds, survey shows
Employees don't understand target date funds, and that could spell trouble for employers.
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