Retirement Advisor

The investment firm T. Rowe Price Group Inc. said Tuesday its third-quarter profit rose nearly 10 percent as revenue rose almost 16 percent, but the results missed Wall Street expectations and its shares fell more than 7 percent.

A new rule regulating fiduciary investment advice wont necessarily affect the way large 401(k) providers do business, but it will give many smaller companies the opportunity to bundle investment advice as part of their 401(k) and IRA plans.

Market turmoil during the summer helped push online investment broker TD Ameritrade Holding Corp's fiscal fourth-quarter profit up 44 percent.

The Department of Labor is investigating broker-dealer and registered investment advisors services to ERISA retirement plans.

The Department of Labor plans to repropose its controversial rule amending the definition of fiduciary under the Employee Retirement Income Security Act (ERISA) shortly after the first of the year, Phyllis Borzi, assistant secretary for DOLs Employee Benefits Security Administration (EBSA), told a group of retirement plan specialists on Tuesday.

This week I took a look at whether premiums can be used to predict claims. Unfortunately, claims paid are only required to be reported on health policies that use experience related contracts, which represent a very small minority (around 7 percent) of health plans filed.

The number of defined contribution plans offering a sustainable and responsible investing (SRI) choice could double in the next few years, according to a new study by the US SIF Foundation and Mercer.

A new report by the Transamerica Center for Retirement Studies has found that despite the gloomy retirement outlook among many American workers, one in five expect to retire before age 65.