FA News

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.

Study: Most Americans Think They Are Too Poor For Financial Advisors

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Americans aren't seeking financial advice primarily because they don't feel like they have enough assets, according to TIAA-CREF.

Employees' Health Insurance Costs Reduce Retirement Savings: Survey Says

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More than half of employees are holding back on retirement savings to pay for health benefits, according to LIMRA.

10 U.S. Cities Ranked As Best For Baby Boomers To Find Work

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The best U.S. cities for baby boomers to find work include New York, Chicago and Newark, N.J.—three cities recently listed among the worst places to retire.

Top 10 Places For Retirement Ranked In New Survey

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WalletHub based its ranking on affordability, recreational activities for seniors, overall quality of life and health-care facilities.

12 B-Ds Fined $2.6 Million By Finra

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The Financial Industry Regulatory Authority has fined 12 broker-dealers a total of $2.6 million for failing to give breakpoint discounts on sales of unit trusts.

Finra Continues To Hide Broker Dispute Settlements, Watchdog Says

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Finra granted more than 91 percent of broker requests to expunge customer dispute settlements last year, after previously promising to reduce the practice.

Congress Criticized For Inaction On Small Biz 401(k) Auto Enrollment

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Employee Benefits Security Administration chief Phyllis Borzi criticized Congress Tuesday for foot-dragging on mandating auto enrollment for small business defined contribution plans.

Deutsche Bank: 'This Is Not An Economy That Is About To Enter Recession'

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Deutsche Bank's Torsten Sløk has spotted a ray of sunshine amidst all the doom and gloom about the U.S. economy.

Madoff Trustee Seeks Release Of $1.5 Billion For Fraud Victims

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The trustee recouping money for victims of Bernard Madoff's multibillion-dollar Ponzi scheme sought approval to release $1.5 billion from legal reserves, potentially boosting the total payout to...

How Credit Scores Impact Your Clients' Love Lives

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Credit scores can exert a heavily influence—both in a positive and negative way—on the lives of client couples.

When Longevity And Portfolio Risk Clash, Can Annuities Help?

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That’s why it’s incumbent on portfolio managers to educate their clients on the risk they may outlive their assets before they talk about a risk-management strategy, according to one finance...