(Bloomberg) -- A decade ago, the U.S. Congress said companies could tweak retirement plans to get a lot more workers to save. The 2006 Pension Protection Act made clear that employers were allowed to automatically sign up employees for a 401...
Investors feel confident they’re getting the most out of their 401(k)s but acknowledge not knowing much about them, says Scarborough Capital Management’s 401(k) Pulse Survey...
(Bloomberg) -- Investors pulled an estimated $21.7 billion from actively managed funds that buy U.S. stocks in June, the biggest monthly withdrawal since October 2008, Morningstar Inc. reported Monday...
(Bloomberg) -- Once-reliable tools for active managers are being sapped of their potency by an aging bull market, sending mutual funds to some of their worst relative returns in history...
(Bloomberg) -- Actively managed mutual funds in the U.S. have seen $76-billion worth of assets leave for greener pastures in the first five months of the year, according to the Investment Company Institute — except for one firm's...
(Bloomberg) -- Fidelity Investments, known for its history in active money management, is cutting fees for 27 index mutual funds and exchange traded funds in a bid to attract more assets into passive strategies...