The Retirement Income Summit, a gathering of financial advisers this spring, confirmed that employers committed to educating workers about saving for retirement have a lot on their plate, both now and in the years to come. Andrew Lo, a professor at MIT, cited a study that found as people age they begin to make poor financial decisions.

"We need a vibrant OTC swaps market for the global economy, but there are systemic issues that need to be considered," says MIT Sloan Prof. Andrew Lo in a story on the methods big banks use to price over-the-counter derivatives, potentially to their own advantage...

"Technical advantage has far outstipped our capacity to manage it," says MIT Sloan Prof. Andrew Lo in this blog entry on the increasingly complex rule-bending practices of financial innovation.

What does the future hold? MIT's Andrew Lo talks to John Authers about what the future evolution of finance will mean for the markets, and for investment strategies.

How do markets evolve? MIT's Andrew Lo talks to John Authers about his adaptive markets theory - explaining how Darwinian biology can help us understand the markets.

"Humans may be more sophisticated than animals, but we are nevertheless animals, subject to the same kind of forces that nature has built into all of creation," says MIT Sloan Prof. Andrew Lo of behavior affecting adaptive markets.

Investors should plan now for when and how financial decisions should be made if they become impaired, says investment strategist and professor Andrew Lo.

Barron's chatted with MIT Sloan Prof. Andrew Lo about his investment outlook, the hedge-fund-like vehicles that reflect his research into portfolio design, and the future of personal finance.

"The traditional approach in stocks, bonds, and funds is no longer enough. To get by, you have to invest in currencies, commodities, real estate and private equity as well as in long and short strategies," says MIT Sloan Prof. Andrew Lo in this interview.

A new paper co-authored by Andrew Lo of MIT estimates that repeated "cash-out" refinancings of mortgages led to more than $1 trillion in additional losses in this crisis.

MIT Sloan Prof. Andrew Lo comments on end-of-year concerns for a 'double-dip' recession: "Year end is typically not a great time and the flight to safety into bills in motivated in part by general concerns about the economy and whether another shoe, such as commercial real estate, will drop," says Lo.

Citadel may have a higher burden of proof than other brokers since its bread-and-butter business is making bets in the markets. "The perception of a conflict of interest is a hurdle that they're going to have to go the extra mile to manage," says Andrew Lo, a professor of finance at MIT's Sloan School of Management.

That hedge funds can be illiquid and unpredictable was an important lesson from last year's market meltdown, says Andrew Lo, director of MIT's Laboratory for Financial Engineering.

The basic principles of asset allocation need to be revised," says MIT finance professor Andrew Lo. He and other experts argue that since market volatility is rising, you must now own other assets—such as hedge-fund-like investments—in addition to stocks and bonds to manage risk. And you must be prepared to shift your mix tactically from time to time. "You need to be proactive and adjust as the market changes."

Andrew W. Lo, a finance professor at MIT, enjoys a setup that many other academics would envy: tenure at a top university, opportunities to earn extra money through consulting, and acclaim for his research. That's not enough for Dr. Lo. He wants to show the world that his theories and computations can generate profits to investors. "If you go into finance instead of math, you're interested in having an impact," he says.