Investment Instruments

New data from Towers Watson shows many Americans defined contribution plans suffer risky allocations when it comes to equities.

A joint initiative between the Securities and Exchange Commission and the Financial Industry Regulatory Authority found that 34 percent of broker-dealer firms made one or more potentially unsuitable recommendations of variable annuities to senior investors.

RIAs looking to grow their businesses might want to consider opening their wallets just a bit.

Calling itself an alternative consumer lender, Kashable offers loans to employees of participating employers that are backed by the company payroll system.

MassMutual is deploying a new sales and operations team in an effort to win market share for its mutual fund and stable value fund products.

If Americans stick to the idea of 4 percent annual withdrawals, theyll run out of money before they run out of retirement, PwC said.