FA News

Tech Support Scammers Targeting Seniors

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Microsoft's digital crimes chief says states are seeing an explosion in the number of tech support scam complaints, but too few resources to pursue them.

Your Client Gets Offered A Ton Of Money; Should She Take It?

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More people are getting offered lump sums for their pensions, but they often aren't given enough information to make good decisions.

Mets Postseason Run Raising Fortunes Of Citi Field Bondholders

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The New York Mets swept their way into the franchise’s first World Series in 15 years, and Citi Field bondholders are cheering along with the team’s fans.

Franklin Resources Profit Declines 44% Amid Record Redemptions

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The manager of the $58 billion Templeton Global Bond Fund reported a worse-than-expected 44 percent drop in profit as the slump in emerging markets and energy eroded assets and prompted record...

Volatility Continues To Worry Advisors

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Advisors are split on what the future holds for markets, Eaton Vance says.

Wall Streeters Lament Path Not Taken As Job Satisfaction Slides

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If they could do it all over again, almost a third of Wall Street traders and investment bankers in their prime would pick a different profession.

For College Grads, 75 Is New 62 For Retirement Planning

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New data from NerdWallet.com suggests young people, on average, will work 13 years longer than today's typical retirees.

Edward Jones Prepares Students To Be Financial Advisors

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A program for financial students to prepare for the Series 7 exam is expanding.

Bosses Can Help Employees Prepare For Retirement

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Employers' approach should go beyond encouraging participation in 401(k) plans, Financial Finesse says.

New Babies Get Retirement Gift

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Voya Financial is offering babies born on Oct. 19 a $500 mutual fund investment.

Don't Retire Here, Says New Survey

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Avoid these 10 places when considering where to retire, says WalletHub.

Blackstone Builds On Apartment Foray With Manhattan Invasion

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The private equity firm’s acquisition of Manhattan’s largest apartment complex, Stuyvesant Town-Peter Cooper Village, catapults it to the top ranks of New York residential landlords.

Forget Raises. Employers Lean On Health Benefits To Retain Workers

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A good insurance plan has become a more vital tool than ever for hiring, according to a recent survey.

Bad Math: 68 Million Americans + No 401(k) = Epic Savings Crisis

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The lack of company-sponsored retirement plans is fueling a retirement-savings crisis.

Just How Bad Was The 2009 Global Recession? Really, Really Bad

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The global recession that followed the financial crisis was the most severe in half a century, yet the response by policy makers hasn’t been up to the task, says IMF.

Wells Fargo Wins Deal To Recruit Credit Suisse U.S. Brokers

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Credit Suisse Group AG has awarded Wells Fargo & Co the exclusive right to recruit the Swiss bank's brokers who work in the United States, the companies said on Tuesday.

Appreciation In Lowest-Priced Homes Is Crowding Out Millennials

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Buying a home should be getting easier for millennials amid sustained gains in U.S. hiring. Instead, increased demand for a scarce supply of starter homes is pushing prices beyond their grasp.

Obama Nominations Would Give Women 4-1 Majority For First Time

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President Obama nominated two Washington women academics to replace departing Democratic and Republican members of the SEC.

Advisors Urged To Lengthen Their Horizons

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Some financial professionals say advisors are too fixated on short-term goals and are pushing for a new, "holistic" approach to investment management.

Advisor Used Client Money For Porn, SEC Says

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A San Diego investment advisor used nearly $2 million of clients' funds for himself, SEC says.