The cost of three-month dollar loans between banks fell to a new record low Monday in a further sign that credit markets are recovering after being paralyzed during the financial crisis.
President Obama wants as much as $1 billion to establish a federal organization to oversee his proposed automatic-IRA plan.
For decades, the U.S. retirement system was described as a three-legged stool.
Worries about saving for college haven't stopped parents from continuing to set money aside for higher-education costs.
Following the departure of a major annuities expert and the elimination of some variable annuity riders, Massachusetts Mutual Life Insurance Co. is mulling the future of its role in the VA marketplace.
The Charles Schwab Corp. edged out Fidelity Investments during the first quarter in the battle to service the small but growing number of stockbrokers who are leaving their Series 7 licenses behind to become independent investment advisers.
Many financial advisers are suffering a crisis of confidence that is hurting their relationships with existing clients and hampering their abilities to recruit new clients.
Although the majority of consumers who participated in the National Financial Literacy Survey gave themselves good grades for their knowledge of personal finance, many admitted that they aren't saving money for the future.
The global economic crisis could turn out to be a blessing in disguise for the ever-expanding managed-accounts industry.
The lack of a uniform fingerprinting requirement for insurance agents and brokers may serve as new ammunition in the battle over federal regulation of the insurance industry.
Wealthy Americans who have offshore bank accounts may be sweating more than usual this summer.
Finra chief Richard Ketchum's call for a fiduciary standard for all advisers, even as he indicated that he would not want to significantly alter suitability rules for broker-dealers, highlights the difficulties inherent in harmonizing the two regulatory standards as the strife-torn industry moves towards establishing a single self-regulatory organization for advisers.
Stable-value funds are the safest investment option available to 401(k) plan participants, but recent problems at two funds illustrate why sponsors should exercise caution in selecting them, according to observers.
Ameriprise Financial Inc. on Friday stepped back from receiving TARP money, less than 24 hours after the Department of the Treasury cleared it to participate in the program.
Although parents are worried about the rising cost of college, the recession isn’t stopping most of them from saving, according to a survey that is to be released Monday by OppenheimerFunds Inc.
Germany saw output plunge by 3.8% as demand for its cars and factory machinery collapsed.
Shares of Fortress Investment Group LLC fell today after the investment manager said it priced a stock offering.
Consumers are becoming more optimistic about the economy recovery, according to the preliminary results from the Reuters/University of Michigan Surveys of Consumers, released today.
On the back of strong recruiting and the ability to attract new clients, LPL Investment Holdings Inc. of Boston has reported net income of $14.8 million for the first three months of this year — an increase of 26.8% over the same period in 2008.
In a Harris Poll that surveyed 2,401 U.S. adults online April 13-21, 35% of respondents said they were “very happy” — the same percentage as a year ago.
