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Americans are more likely to turn to family members and friends — rather than advisers — for financial advice, according to data from Sun Life Financial Inc. The Sun Life Financial Unretirement Index, which took a sample of 1,451 working adults, revealed that 43% of respondents said they receive financial advice from family members. Those below the age of 30 were especially likely to turn to family for help

Legislation that in some cases would require target date fund managers to take on fiduciary responsibilities will be introduced by Senate Special Committee on Aging Chairman Herb Kohl, D-Wis., the senator announced today. Mr. Kohl said the legislation is aimed at employers who want to use target date funds as automatic investments for 401(k) participants who do not select their own investments

R ogers Communications Inc. RCI.B-T says a B.C. judge has ruled that Bell Mobility’s BCE-T claim it has Canada’s “most reliable” network is false and misleading and has called for immediate removal of all advertising containing the statement.

C opper prices HG-FT rallied to a one-week high on Wednesday, and managed to maintain their bullish tone in after-hours trade despite a firm dollar, after the U.S. Federal Reserve reaffirmed its pledge to keep interest rates low for an extended period of time.

Credit Suisse Group has agreed to pay $536 million to settle a Justice Department probe and admit to violating U.S. economic sanctions by hiding the booming illegal business it was doing for Iranian banks. The settlement papers were filed Wednesday in federal court in Washington