The Options Industry Council has announced a new effort to serve the educational needs of financial advisers by launching a dedicated adviser web portal and the addition of Eric S. Cott as director of financial adviser education.
Rep. Robert Andrews said that despite more than $2 trillion in losses over the last year, the 401(k) system is not broken — it just needs some minor, and rather immediate, adjustments to empower individual investors,
The Vanguard FTSE All-World ex-US Small-Cap Exchange Traded Fund (VSS), which seeks to track the performance of the FTSE Global Small-Cap ex-US Index, began trading today, The Vanguard Group Inc. of Malvern, Pa., announced.
Active portfolio managers experienced a surge of confidence last week as the Index of Manager Sentiment recorded a record seven-day spike, pushing the index to its highest level in nearly 10 months.
The stock market is finishing the day with a modest advance, logging its fourth straight week of gains.
In the latest iteration of a plan that’s been steadily gaining support from both Democrats and Republicans on the Hill, legislation was introduced yesterday that would create a federal insurance regulator.
The U.S. unemployment rate jumped to 8.5 percent in March, the highest since late 1983, as a wide range of employers eliminated a net total of 663,000 jobs.
The Department of Labor will begin an "immediate review" of target date funds — one that could lead to new regulations placed on the all-in-one investment strategies — according to a letter sent to a key Senate committee.
Investors dove into stocks on Thursday as global efforts to end the financial crisis fed the market's newfound optimism that the economy is on the mend.
