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Americans say they feel more financially secure than they did five years ago, but a survey by Financial Engines showed glaring problems with their long-term planning. ...
Another Day, Another Ponzi Scheme
Financial advisors sure do seem to be behaving badly lately. There have been tales of fraud coming out of Michigan (twice), Maryland, Pittsburgh, Boston and now New Hampshire, all in the past month. In the most recent case, the SEC claims that Leon Vaccarelli, 40, of Waterbury, N.H., operated a Ponzi scheme for more than four years, defrauding clients out of more than $1 million. ...
Institutional Investors More Worried About Geopolitics Than Global Recession
Geopolitics is now the biggest concern among global institutional investors, according to a new study by Allianz Global Investors. The 755 institutional investors surveyed, who represent $34.2 trillion in AUM across North America, Europe and Asia-Pacific, named geopolitics as an even greater risk to investment performance than a global economic slowdown and rising interest rates. ... |
