Gov. Deval Patrick has signed a $30.6 billion budget that he said lowers overall state spending while laying the groundwork for an ongoing economic recovery in Massachusetts.

If you've read about the alarming gender gap we've recently identified between men's and women's financial literacy, you might already know some of the risks it poses to plan sponsors from both a financial perspective and from a long-term cultural perspective.

A report released June 29 by the Investment Company Institute found that 401(k) participants paid lower expense ratios on stock mutual funds in 2010 than in 2009.

Corporate pensions' funded status improved by $25 billion in June, according to Milliman Inc., on rising interest rates.