Retirement Trends

While the rates arent directly followed by most investors, even small movements can affect the value of what Morningstar Inc. estimates is about $3.6 trillion in funds including pension and savings accounts that track global indexes.

Many banks are looking to fee-based businesses like wealth management to help them develop new revenue streams.

The shift from DB to DC also has increased financial vulnerabilities for some of these same groups because DC plans offer fewer spousal protections.

Experts point to U.S. census projection, which show that the number of people aged 65 and older will more than double between 2012 and 2060, from 43 million to 92 million.

The household sector held $1.62 trillion in municipal bonds in the fourth quarter of 2013, down from $1.647 trillion in the previous quarter and the lowest since $1.58 trillion in the first quarter of 2006.

More than 90 objections were posted on the U.S. Bankruptcy Court website today, each one or two pages long and asking Judge Steven Rhodes to reject Detroits proposed plan of adjustment.