New Hire Roundup: Mercer Adds Execs
Also, Doug Dachille joined AIG as chief investment officer, while Kent Weaver returned to Glenmede, and J. Keith Morgan joined TIAA-CREF.
5 Ways to Help Employees Boost Retirement Savings
Employers worry about pushing their employees too hard to save, but there are some ways they can help, Northern Trust says.
Protecting Grandma From Elder Abuse
Imagine a broker driving an 83-year-old widow with Alzheimer's to local banks so that she can withdraw over $1 million from CDs.
Vanguard Offers Retirement Plan Tools for Mobile Devices
The fund giants says retirement plan participants can now trade and make other account transactions through their cell phones and tablets.
Measuring Dodd-Frank’s Effectiveness and Impact on Advisors
Reform that was meant to be bipartisan has turned into a political football. And if the Republicans gain control of Senate and White House . . .
SEC Tells ICI That Derivatives Disclosure Needs Improvement
In a July 30 letter to the Investment Company Institute (ICI), the Securities and Exchange Commission (SEC) urged funds that used derivatives to "assess the accuracy and completeness of their disclosure."
Boomers lead movement into bonds
Investors could be setting themselves up for heartbreak though. John Lonski, a Moody's economist, told the Journal that investors' need to put cash in safe...
? The Investment Company Institute's Board of Governors has elected Edward Bernard, vice chairman of T. Rowe Price Group, to serve as chairman of the...
ICI Supporting New Labor Dept. Plans
The Investment Company Institute has commended the Department of Labor for its comprehensive approach to disclosure for 401(k) plans, including proposed rules that will help...
Industry Groups Support SEC Summary Proposal
The fund industry's Investment Company Institute says it agrees with federal regulators over the practice of supplying fund investors with short, simple summary prospectuses. The...