Founder of hedge fund firm Harbinger Capital Partners last year settled a probe by U.S. regulators by admitting improperly borrowing money from his fund to pay his personal taxes.
Even fewer investors are reading their variable annuity prospectus, which can be 150-300 pages long; brevity would help reader rates
Even the Yankees, Sawx rivalry carries over to owners' prexy picks
A drop in stock prices could trigger worker suits over 401(k) plans as investors and sponsors argue over diversification
J.P. Morgan Asset Management has joined up with FASCore to provide record keeping solutions for the asset manager's small-to-midsized plan clients
John Hancock Retirement Plan Services takes the cake among plan sponsors as a favored defined-contribution investment manager.
Judge rejects bid to recoup $33 million in soured funding scheme for school's athletic department; life insurance policies taken on 27 donors
This quiz is based on several recent columns and articles from InvestmentNews that explore the use and performance of alternative investments, as well as developments in the retirement and 401(k) landscape.
Measure would create public pension for private workers; industry groups cite potential underfunded liabilities
Insurer faces asset liability management and longevity risks tied to pension obligations; 'credit negative'
Automaker also shifting balance of pension plan to Prudential
In a surprise move, the Department of Labor backed off an earlier provision that tightened the standards governing brokerage account windows. The response of 401(k) advisers and consultants? Huzzah.
Open architecture and fund selection now commonplace; 'evolution'
Labor Department now shooting to issue proposal during the first half of the year; request for IRA info could gum up the works