NEW YORK - Even though more 401(k) plans are offering mutual funds with preset asset allocation features, some aren't using them the way they were intended. Ideally, the funds are established to be stand-alone but investors are using them, commonly referred to as asset-allocation of lifestyle funds, as another investment...

TREVOSE, Pa. and Kent, Ohio -The credit union industry's political profile has blossomed in recent years, and there's no better indication of how strong it has become than the solid relationships many credit unions and credit union organizations now have with lawmakers. Take TruMark Credit Union for example. At the...

BALTIMORE-Five credit unions were recognized in a recent study for their efforts to combat payday lending, while NCUA Board Member Debbie Matz was commended for speaking out on the issue. Sheila Bair, the dean's professor of financial regulatory policy at the University of Massachusetts-Amherst School of Management, released a study...

David Morrison's recent article, "MBNA's Decision Not to Work With Brokers Raises Independent Vendors' Profile and Highlights Kessler's Role" in the July 6 issue raised the question of the value independent brokers bring to credit card portfolio sales. InfiCorp has worked with independent brokers for years, and we find that...