FA News

One Last Push To Stop Medicare Premium Increases

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Should 30 percent of Medicare beneficiaries shoulder a 52 percent premium hike next year while the other 70 percent pay no more at all? Advocates for seniors do not think so, and they are making a...

Corporate Crime By Individuals Targeted By U.S. Prosecutors

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The U.S. Justice Department is seeking to increase prosecutions of individual employees for corporate crime and coax companies to turn over evidence on executives.

The Pope Is Ready To Trash Capitalism To Money-Loving Americans

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As the U.S. presidential campaign exposes contempt for elites and angst over the future, Pope Francis arrives for his first visit with plans to denounce gross inequality and planetary neglect.

Gough Financial Joins Cetera

by FA Staff

Gough, a wealth management and financial planning firm, is associating with Transcendent Advisors, which is part of the Cetera network.

Wall Streeter Tried To Secretly Take Over Companies, SEC Says

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The CEO and his family face civil charges filed by the SEC for allegedly taking advantage of Chinese companies.

Former Kentucky Lt. Gov. Charged With Fraud By SEC

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Stephen B. Pence was involved in a complicated fraud scheme that resulted in charges against an audit company and other public company executive, according to the SEC.

Talk Show Host Inflated Her Firm's Assets By $1.5 Billion, SEC Says

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Dawn J. Bennett and her firm overstated AUM and returns to boost the firm's reputation, according to the SEC.

SEC May Be Short On Commissioners

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The SEC’s work could be affected if it finds itself down to three or four commissioners from a full complement of five, SEC Chairman Mary Jo White said Wednesday.

Consumers Spend More, Debt Climbs

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Consumers are spending their way to the highest credit card debt ever, two reports say.

When Financial Planning Meets Wedding Planning

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As the fall wedding season begins, advisors should make sure they have a comprehensive plan to help clients who are getting married.

The New Stock Titan Of 2015 Isn't Apple

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Last year, failing to own Apple was the most painful mistake a U.S. equity fund manager could have made. This year, that distinction goes to Amazon.com.

Obama Marketplace Enrollment Falls To 9.9 Million, U.S. Says

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The number is a decline from earlier in the year though still higher than the Obama administration’s target.

Anthem, Aetna Deals Threaten Competition Across U.S., AMA Says

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The U.S. health-insurance market is already so highly concentrated that pending tie-ups among four of the country’s largest insurers risk hurting both consumers and doctors, the AMA said.

FPA Announces Diversity Awards

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Women from China and Columbia have been honored by the FPA for promoting diversity in financial planning.

Advisors Go To School On Teacher Clients

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An Illinois investment advisor has created the Finance for Teachers Network to connect advisors who work with teachers.

Bankrate To Pay $15M to Settle SEC's Accounting Fraud Charges

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Bankrate will pay $15 million to settle SEC charges that it inflated its revenues by $1.3 million in the second quarter of 2012 to meet analyst expectations.

Never Retire? Not Me, Say Almost All Boomers

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Only 6 percent of Americans ages 50 to 64 have no plans to retire, according to an AARP survey released Tuesday.

3 Stock Traders Made Millions Lying To Investors, SEC Says

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They are charged with defrauding investors in residential mortgage-backed securities.

Mariner Wealth Sails To Windy City

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Mariner Wealth opens a coveted Chicago office with hire of senior wealth advisor.

Top 10 Cities For A Healthy, Affordable Retirement

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These cities offer a healthy, affordable retirement with more than beaches and golf courses, says Bankers Life.