CHICAGO -- Taxes that are largely a concern of the very rich will soon affect far more people unless Congress steps in. The impending drastic changes...
Not all millionaires sport a top hat, monocle and cane, but it turns out lots have one thing in common: They don’t feel wealthy. More than one-qu...
Fidelity Investments, the gigantic Wall Street mutual fund company, says it will cost a retired couple $20,000 more to buy their medicines if the U.S. Supreme Court overturns the Affordable Care Act.
Financial services needs to fix itself and repair its relationship with consumers who have developed mistrust of an industry who has harmed them.
It has long been my view that 401(k) plans are a national disgrace. They are rife with conflicts of interest between those who "advise" them and the participants who contribute to them.
By Karen Brettell NEW YORK, Feb 7 (Reuters) - The cost for banks and other borrowers to raise funds in short-term markets could jump ...
Incredibly, those managing 401(k) assets aren't required to communicate the "cost" of retirement adequacy and the minimum contribution needed to fund that goal.
It is not very often that business people head to Washington to explain how unimportant they are. But over the last several months, executives from...
Most 401(k) accountholders continue to plug away at setting aside a portion of their pay. That consistency, along with a rising stock market helped pu...
Boston College's Center for Retirement Research Center has a study out this month about the cost of 401(k) plans, and they have found another flaw in ...
BOSTON — Relief to seniors facing high prescription drug costs is one of the first changes to come under the new health care overhaul. But ultim...
I learned Fidelity Investments not only accepts investments, it invests in its neighboring communities through arts education in public schools, and it's been investing in school children nationwide since 2006.
BOSTON (Mark, Jewell AP) -- Fidelity Investments President Rodger Lawson is retiring at the end of March after two-and-a-half years reorganizing a com...
Jilting the 401(k) to return to the old-fashioned pension, like going back to your spouse after a fling, is not an option. You need something that combines features of both.
What Did You Learn in 2009? Test your knowledge by answering these objectively scientific questions about the celebrities, politicians and fifteen minute famers who made headlines.
America ships soldiers off to Afghanistan and Iraq for free. If you come back in a body bag, they ship that back for free, too. However, we make families who send soldiers socks, food and underwear pay shipping costs.
It's not a lack of financial literacy that makes a majority of 20-year-olds not participate in a 401(k). It's human nature.
The exploding cost of health care poses one of the most serious threats to retirement security -- even with Medicare covering everyone over age 65.
NEW YORK -(Dow Jones)- Fidelity Investments on Tuesday named Charles Goldman, most recently of Schwab Institutional, president of its Institutional Pl...
BOSTON (Reuters) - Fidelity Investments said on Tuesday it was reviewing its costs and staffing following an industry report that said as many as 4,00...
ALBANY, N.Y. — Fidelity Investments said Friday it will buy back $300 million worth of auction-rate securities from its customers, becoming the ...
In a case that could sully the reputation of legendary Fidelity Investments fund manager Peter Lynch, regulators said Wednesday that he had improperly...
