After demanding a reduction in administrative and investment costs, some states are now offering plans with such low fees that they are barely profitable for managers, one expert says.
It isn't too late to jump tactically into the high-yield bond market for a near-term portfolio boost. High-yield bond mutual funds, up more than 5.6% from the start of the year, are clearly the hottest area of fixed income, and the near-term outlook is for more upside.
Sometimes creative strategies just won't work.
President Barack Obama will nominate Janet Yellen as chairman of the Federal Reserve, which would put the world's most powerful central bank in the hands of a key architect of its unprecedented stimulus program. How will the markets react?
Former President Bill Clinton said Janet Yellen would be “great” as the next chairman of the Federal Reserve and defended Larry Summers, who withdrew his name from consideration amid lawmaker opposition.
Still time to strategize to minimize impact; trusts likely to feel the brunt.
Investors riding high amid stock market gains have become more charitable, as fears of increased capital gains taxes linger.
Symetra Investment Services, with about 280 registered reps, not a fit with parent.
Monthly Social Security benefits will increase Jan. 1, thanks to a cost-of-living adjustment.
L.A.-based group is latest in wave of high-value advisers switching firms.
Don't get caught like a deer in headlights like the clients of this Beverly Hills, Calif.-based wealth manager
Treasury yields that rose a percentage point this year still fail to reflect the risk that the government of world's largest economy may default, said Michael Diekmann, the chief executive officer of Allianz SE.
Labor Department says CPI report will not be released this week
A look into the subtle forces reshaping the world's economies, and other must reads from wealth manager and CNBC commentator Josh Brown
What employees miss by not connecting with plans on social media
Pimco Total Return Fund, the world's biggest mutual fund, had its fifth straight month of withdrawals as investors continued to flee bonds.
Who in their right mind would own cash when it's a guaranteed losing proposition? You might be surprised.
Stock trades higher after company cuts offering price; annuities biz viewed as financial drag
Company to change name to Voya Financial upon IPO, focus on retirement, investment, insurance.
