Plans that automatically enroll participants at a rate higher than 3 percent of their salary have a 95 percent participation rate, according to New York Life.

Consensus among the diverse group was that a top goal would be to focus on the protection of retail investors and to boost their confidence in the markets.

Former co-chief of the SEC's Asset Management Unit says the enforcement division has been 'unprecedented in its success'

SEC says fund company failed to make material disclosures in 2008 about two bond funds leveraged derivatives bets.

Industry trade groups opposed to Bachus' bill calling for a self-regulatory organization to oversee advisors learned there will be no extra money for SEC oversight.

Securian's microsite can help identify small business owners, a large and untapped market for retirement planning.

AIG's CEO suggests that much more delayed retirement ages in financially embattled Europe could help make pensions and medical services more affordable.

Industry trade groups, consumer advocates and advisor partners are gearing up for the House Financial Services Committees hearing Wednesday on Rep. Spencer Bachus bill calling for a self-regulatory organization to oversee advisors.