Women face a unique set of hurdles when it comes to saving for retirement, and those difficulties set them far behind men once they stop working.
Any initiative that reduces investors' vulnerability to fraud, and thereby strengthens their confidence in the markets, is a step in the right direction.
Maybe American Funds Growth Fund of America should be renamed American Funds Index Fund of America. The $115 billion fund, the largest equity mutual fund in the world, is tracking its benchmark more closely than ever before — and it is not alone.
Now that the Supreme Court has upheld the constitutionality of the health care reform law, advisers need to study it thoroughly.
Some see move to independent, fee-based model, open-architecture as opportunity.
State lawmakers are chipping away at securities firms' ability to monitor employee activity on social-media sites, which could cause compliance headaches for both firms and regulators.