Investment Instruments

A round-up of the weeks employee benefits news, reports and controversy from around the web

The Hartford Mutual Funds board of directors approved moving 11 fixed income funds to sub-advisor Wellington Management.

The American Legion believes the Obama administration has broken its promise to keep Americas Armed Forces the best trained, best led, best-equipped fighting force in history by cutting the 2013 U.S. Department of Defense budget by 8 percent from 2012.

Fund managers are more cautious about the prospects for world growth and investment returns, according to a global survey of investment managers conducted by global professional services firm Towers Watson.

Most Americans plan to save or invest their 2011 tax refunds, according to a TD Ameritrade Holding Corp. survey.

As part of America Saves Week, the U.S. Department of Labors Employee Benefits Security Administration will host a free webcast for small business owners talking about choosing a retirement savings plan and helping employees save for retirement.