The funds are more flexible than annuities, but can't guarantee a set payment for life.
Senate panel urges agency to improve guidance on when to claim benefits after a study by the Government Accountability Office showed government representatives often give out misleading information.
Douglas Wayne Studer agreed to be barred from the securities industry.
Plus: The downside of lower oil prices, how to get your money back from Wells Fargo, and why central banks are buying gold.
Hybrid strategy between active management and index funds needs to perform and be cheap.
We need to be candid about the realities facing today's pre-retirees.
Robert Muh prevailed over four candidates vying for the position, including the governor running for reelection, Robert Keenan.
Plus: T. Boone Pickens takes on President Obama's energy policy, how traders navigated the Fed, and starting your day off right
Longevity, rising costs make preparing a solid health-care budget next to impossible. <b>(Related read: <a href="//www.investmentnews.com/article/20160413/BLOG05/160419958/health-care-costs-squeeze-retirement-savings"" target=""_blank"" rel="noopener">Health-care costs squeeze retirement savings</a>)</b>
Most don't expect they could pass a hacking-preparedness test if the SEC came knocking, or even know all the compliance factors they are responsible for, according to a new Financial Planning Association study.
But high-income retirees might pay more, get less.
Adapting to regulatory changes has been a struggle, meaning the nontraded REIT industry's worst fears have come true.
In some traditionally expensive housing markets, higher incomes were outflanked by rising housing costs.
Increasing collaboration is at the top of the agenda for the new president of the North American Securities Administrators Association.
The fintech start-up is creating an investment platform that uses a proprietary algorithm that considers women's earlier salary peaks and longer life spans.
Robo-adviser launches new name and boosts investment choices to lure advisers to its digital platform.
Voya allegedly took a "substantial portion" of the fee charged for investment advice, even though Financial Engines did the bulk of the work.
