FA News

SEC Pay Raise Plan Gets Cold Shoulder From Agency Union Leaders

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As the SEC prepares for more hires, employees are getting less of a pay hike than they've gotten in previous years.

Bitcoin Critic Warns Against Central Banks Issuing Own Tokens

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A drop in cash for payments in some countries has raised questions about whether central banks should issue digital tokens.

An Advisor Sets Out To Fix The 4 Percent Rule

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His method for retirement income planning improves the rule's success rate.

FTC Warns Elderly To Beware Of IRS Imposters

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Hang up an anyone claiming to be an IRS employee who seeks immediate payment of back taxes, an FTC attorney said.

AIG Back On Top In Annuities Sales Rankings

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LIMRA says total fourth-quarter sales of annuities are expected to rise 15 percent.

Transamerica ETF Seeks To Capture 'Ups' and Minimize 'Downs'

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The new fund expands Transamerica's existing line of core equity funds embedded with risk-management features.

Unplanned Early Retirement Should Be Considered In Financial Plans

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David Blanchett is recognized for research that encourages planners to model the risk of early retirement on savings.

Horizons Plans Cannabis ETF Of U.S. Companies Only

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Horizons has also filed for leveraged, inverse pot funds.

RIAs Need Proactive Approach To Women Clients

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Women clients fall into different categories and should not be treated as one group, EY executive says.

Trump Tax Reform Causing Freak-Outs In Rich New York Area Towns

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A limit on state and local tax deductions has costly and confounding implications for some.

Guggenheim's Minerd Says Fed Making Economy More Vulnerable

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The Fed's policy U-turn makes now a prudent time for profit-taking, says Guggenheim's Scott Minerd.

Among Nation's Biggest Mortgage Lenders Is Bank Of 'Mom And Dad'

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Parents are doling out money to help their kids buy homes, sometimes to the detriment of their retirements.

Two Mass. Advisors Accused Of 'Gambling Away' $10M In Client Money

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The advisors put retirees' money into high-risk energy investments, state authorities said.

Shareholder Advocates Win Support From Oil And Gas Companies

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Three natural gas producers agreed that strict regulations are needed on methane gas emissions.

House Bill Would Allow Banks To Service Marijuana Companies

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Even in states where marijuana is legal, banks have stayed clear of the industry for fear of federal prosecution.

Central Banks Kill Volatility. Now Wall Street Fears A Trap

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Short-term volatility strategists are getting nervous as market serenity continues.

New ETF Puts Different Spin On Housing Sector

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The fund incorporates the tech-driven side of the housing market.

As Cash-Back ETF Hits Market, Signs Of Trouble Start To Mount

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The mad rush to cut fund fees is not a good sign for the passive-investing boom.

UBS Says First Quarter 'One Of The Worst' In Recent History

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All of Europe's investment banks are dealing with one of the worst market environments in recent history.

UBS Spearheads $3 Million Campaign To Stop Human Sex Trafficking

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The prevention program targets schools in San Diego, where human sex trafficking is an $810 million industry.