Investment Instruments

Vanguard is making its target-date retirement mutual funds more accessible to small investors by cutting the required minimum initial investment to $1,000 from $3,000.

Vanguard is making its target-date retirement mutual funds more accessible to small investors by cutting the required minimum initial investment to $1,000 from $3,000.

According to new findings from Fidelity Investments, the average 401(k) account balance reached an all-time high at the end of the first quarter, hitting at nearly $75,000.

A new survey from Aon Hewitt found that pension plan sponsors are shifting their asset allocation away from domestic equities in favor of liability-matching investments in an effort to reduce plan volatility.

MassMutual recently launched a new single premium fixed deferred annuity, MassMutual Stable Voyage.

Mitchell Harris will serve as the newly created president of the investment management division at BNY Mellon.