The time may be right to refocus clients on the goals they expect to achieve with municipal bonds, and to take a good look at their portfolios.

Investors have had a nice four-year run in municipal bonds. Since the start of 2000, national long-term muni bond indexes have returned 8.5 percent annualized.

An attempt at solving Illinois' worst-in-the-nation pension problem faces its first test Monday as a House committee considers a plan calling for more employee contributions and freezing cost-of-living increases for retirees.

The massive New York state public pension fund has filed a suit against a high-tech firm, hoping to reveal information on the company's political expenditures.