Donna M. Mitchell

Financial advisers sometimes puzzle over how to effectively reach and serve black and Hispanic clients. A Vanguard study released recently suggests they can start by drilling home a simple message: emergency savings accounts are a must.

Most American investors mistakenly believe that target-date funds provide guaranteed income in retirement, among other misconceptions of how the instruments work, the SEC found in a recent investor survey.

Just under 50% of Americans surveyed by Fidelity Investments, regardless of age, say they are conservative when it comes to retirement savings, the company found in a study.

Investment advisor advocates are breathing easier after the Department of Labor announced Monday that it has pulled its current proposal on the definition of a fiduciary off the table. The agency will take up the issue in early 2012 and repropose a fiduciary definition after more industry input. For now, the move provides a reprieve for advisors who were worried that the current proposals would encumber firms with costly restrictions on how they deliver advice to…

Retirement planning is an important issue, but according to a PricewaterhouseCoopers study, many workers remain more concerned about making ends meet.

American workers polled by Financial Finesse had improved how they manage financial stress since last year, but even the most secure groups of Americans felt strained about their money and did not have their financial houses in order.

Employee education programs can lead to positive retirement investment decisions, according to a roundup of first-quarter 401(k) savings rates from Fidelity Investments.

Retirement planning is an important issue, but according to a PricewaterhouseCoopers study, many workers remain more concerned about making ends meet.

Forget downsizing to a tony townhouse or retiring to a beach property in a warm climate. Clients are more concerned about having enough money for daily necessities, according to financial advisors polled by Sun Life Financial recently.

The economy might be making a slow return to health, but for many baby boomers, that upturn cannot happen fast enough.

Imagine this: An entire generation of investors has accumulated a significant amount of investable cash, but was too apprehensive of the stock market, of advisers, and of the potential costs, to know how to invest the money.

A new study by Hartford found that 69% of women respondents boosted their understanding of retirement benefits, up from 56% last year.

Average balances in 529 college savings plans fall far short of projected higher education costs in most situations, according to Morningstar’s latest research paper and industry survey, released on Monday.