Investment Instruments

A new Investment Company Institute study of participant activity in 401(k) plans shows that individuals are still committed to saving for their retirement, despite market volatility.

Shares of Ameriprise Financial Inc. advanced Thursday after the financial planning company reported revenue growth and a strong cash position in the third quarter.

Fiduciary Plan Governance, LLC, a team of retirement plan specialists and former Department of Labor senior investigators, will host a seminar for plan sponsors and fiduciaries in Waltham, Mass., on Thursday, Nov. 3, 2011.

Nearly half of large companies, with more than 1,000 employees, automatically enroll employees in their retirement plans, and an additional 36 percent are considering implementing this feature, according to Diversifieds Report on Retirement Plans-2011.

BrightScope, Inc. has put on hold plans to launch an online forum where consumers can write reviews about their financial advisers.

The investment firm T. Rowe Price Group Inc. said Tuesday its third-quarter profit rose nearly 10 percent as revenue rose almost 16 percent, but the results missed Wall Street expectations and its shares fell more than 7 percent.