A third of people over 60 who are still working say they'd need to win the lottery to survive financially in retirement, says Wells Fargo. No wonder, the median savings of workers over 60 is $50,000.
Nearly 300 investors, advisors, asset managers and others at a High Water Women impact symposium heard key reasons this kind of investing is on the upswing.
The SEC has charged an Oregon man with spending $3 million that a client thought he was investing in a gold mine and energy technology.
Advisors are likely to see more training on cyber-security issues as part of their firms’ continuing education programs.
The agency should spend less on other goals so that it can increase advisor exams to more than once every 10 years, the congressman said.
Prudential Financial named Lori Fouche to lead an annuities operation that has been working to limit risk on the retirement products.
This hedge fund will look anywhere for "can't-miss" investments, which included variable annuities bought on terminally ill people that paid bonuses when they died.
The fastest-growing success flies in the face of conventional wisdom.
In a twist of fate, the current and former shareholders of Pimco Total Return could end up the big winners.
SEC enforcement actions were up for the agency’s fiscal 2015 over the year before, but penalties and disgorgements ordered stayed about the same, the agency announced Thursday.
PIEtech Inc., the creators of MoneyGuidePro, on Thursday announced the release of myMoneyGuide that provides scalable, quality financial planning guidance.
Americans planning for retirement hold too much money in cash, according to a BlackRock study.
Morgan Stanley and others cheered the DOL's decision Thursday to allow a variety of socially responsible investments in retirement plans for the first time.
NAPFA advisors say the best advice they can give clients is to save for retirement in a tax-efficient manner.
Charitable giving of time and money will grow dramatically in the next 20 years because people will live longer and have more money than past generations, says a new study.
The Wells Fargo survey found 75 percent of working Americans 40 to 49 think 401(k) fees are “worth it” versus 60 percent of workers 60 and above and 56 percent for retirees.
Chubb Corp. shareholders opposed an $80 million golden parachute payment for CEO John Finnegan, who struck a deal to sell the insurer to Ace Ltd.
Mainstream investment firms are rushing into “sustainable investing,” also known as SRI and ESG.
The EPA will formally issue carbon regulations for power plants on Friday, opening the door to a wave of lawsuits from states and industry groups.
More than one-third of LTC insurance policyholders who buy policies at age 65 or older let their coverage lapse sometime in their lifetime, says a study by the college's Center for Retirement...