Investment Instruments

Maine lawmakers are taking up proposals aimed at easing a looming debt in Maine's pension system — including a bill to raise the retirement age from 62 to 65 for new hires.

The majority of investors (92 percent) have to adjust their retirement income plans after entering retirement, and most are doing so in order to meet necessary expenses.

Lincoln Financial Group has launched a new life insurance product designed to cover long term care expenses with no deductible or elimination period.

Good news for retirement plan investors as companies in the S&P 500 index have surpassed profit expectations for eight straight quarters.

Putnam Investments earned the inaugural title "Retirement Leader of the Year" at the 18th annual Mutual Fund Industry Awards on April 7 in New York.

News, analysis, and the latest on what's happening in the mutual fund industry