FA News

Former Merrill Brokers Ask Judge To Approve Deferred Comp Settlement

Former Merrill Lynch brokers asked a federal judge to approve a $40 million settlement in a lawsuit over deferred compensation.

Romney: Small Businesses Are Getting Crushed

Mitt Romney said large corporations can capitalize on "low-tax havens" to save money, as the presumed Republican presidential nominee promised to ease U.S...

Gold Bulls Strongest In Nine Months As Hoard Builds

Gold traders are the most bullish in nine months after investors' bullion holdings expanded to a record on mounting speculation that central banks will do more to bolster economic growth.

Romney Long-Term Budget Focus Matches Obama With No Quick Fixes

In a campaign marked by voter anxiety over the economy, both presidential campaigns avoid promises of a quick jolt to boost job creation and focus on long-term policies.

How Well Do You Do Social Media?

by Mike Byrnes

Erik Qualman wows the LIMRA LOMA Social Media for Financial Services Conference.

"Go-Anywhere" Bond Funds Take Different Approach To Fixed Income

by Nathan Greenwald

Some bond funds are using alternative investment approaches that seek out new returns and assume different risks.

Drilling Down On 401(k) Fees

by Juliette Fairley

Bo Lu and company deconstruct 401(k) plans for smaller investors many financial advisors won't touch.

American College President Blasts FPA's Future CEO

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The American College's president and CEO blasted FPA's incoming CEO for saying that there should be one designation for financial planners as the best way to build the profession.

Economists Risk Labeling As Political Hacks, Says Kotlikoff

The 500 academics promoting Mitt Romney's economic plan -- and Obama defenders such as Paul Krugman -- have thrown out science for politics, says a Boston University economist.

Microsoft Debuts New Logo Ahead Of Windows 8 And Surface Tablet

Microsoft Corp. unveiled its first new logo in 25 years as it prepares to introduce Windows 8, an updated version of its flagship software.

$600M Ponzi Scheme Nets $4M Fine

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The SEC charges a company with bilking more than a million Internet investors.

Romney Energy Plan Calls For East Coast Drilling To Cut Imports

Mitt Romney would give states control over energy production on federal lands within their borders and allow drilling off the East Coast as part of his plan to reduce crude oil imports.

House Prices Rose Most Since 2005 In Second Quarter, FHFA Says

U.S. house prices jumped 1.8% in the second quarter from the previous three months.

Use These Five Tips To Head Off Problems With 401(k) Clients

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Financial planners who advise on 401(k) plans need to get out in front of sponsors and plan participants to explain new disclosure rules effective next week, says this retirement plan...

Legacy Owners Balk At Empire State Building REIT Plan

Longtime stakeholders in New York's iconic skyscraper say they'll be shortchanged if the building goes public. 

Housing Collapse Erased in Bonds of Homebuilders

Another bubble may be forming in the U.S. housing market, this time in the bonds of homebuilders.

Nearly Half Of Parents Don't Have A Financial Plan, Says Poll

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More responsibility is being shifted to people to begin financial planning earlier so they can support themselves later in life, yet the message isn't getting through on a broad enough scale.

Fed Signals Readiness to Add Stimulus Without U.S. Growth Pickup

Federal Reserve policy makers signaled readiness to boost record stimulus unless they are convinced the economy is poised to rebound.

Schapiro Turns to Dodd-Frank Panel After Losing Money Fund Fight

The asset-management industry scored a victory yesterday as U.S. Securities and Exchange Commission Chairman Mary Schapiro abandoned her quest to impose tougher rules on money-market mutual...

Recession Likely In 2013 If U.S. Congress Doesn't Act, CBO Says

The U.S. economy will probably tip into recession next year if lawmakers can't break an impasse over the federal budget, according to a report.