As you can see answers are needed to the above questons so we can figure out exactly what your set up is so we can provide accurate answers.
Here's some info in reference to your quesion:
I have in fact set up Norton Password Manager on a WIN 7 system with Norton Security Online installed and it works quite well with IE.
I do have all three (Norton Security Toolbar, Norto Safe Search and the Norton Password Manager enabled). Be advised, if you curently use a Local Vault, you will lose it once you enable and set up th Online Vault.