Personal Finance

WASHINGTON — Older Americans can be confused by dozens of special designations for financial advisors for seniors, and government officials should set strict standards for training and conduct to prevent abuses, according to a new federal report....

Dear Liz: You always mention fee-only financial planners and I'm not sure about the true meaning. My husband and I have a financial planner who charges us $2,200 per year, but we got a summary of transaction fees in the amount of $6,200 for last year....

WASHINGTON -- Older Americans can be confused by dozens of special designations for financial advisors for seniors, and government officials should set strict standards for training and conduct to prevent abuses, according to a federal report released...

By Tim McLaughlin BOSTON, May 3 (Reuters) - When Vanguard Group launches its first foreign bond fund next month, the No. 1 U.S. mutual fund company will be a latecomer to a party already well attended by rivals. But Vanguard won't necessarily be too...

A basic tenet of personal finance that gets short shrift but can dramatically improve your money life is having a cash emergency fund. It's especially important for some to consider this time of year, as new high school and college graduates make their...

NEW YORK (Reuters) - Investors in funds based in the United States poured $6.61 billion into stock funds in the latest week, marking a recovery from the prior week's outflows as the S&P 500 hit record highs, data from Thomson Reuters' Lipper service...

As a financial services representative and small business owner, I see firsthand the challenges many Hispanic Americans in our community face in accessing affordable ways to get retirement savings help. More than 60 percent of Hispanic workers don't...

MEMPHIS, Tenn. -- A prominent financial adviser from Springfield, Mo., pleaded guilty in federal court to stalking her daughter's ex-boyfriend and his new girlfriend in Tennessee.   According to the U.S. Attorney's Office, Western District of Tennessee,...

President Obama's budget proposal included a number of proposals to increase tax revenue not by raising rates but by cutting back on tax breaks. The Wall Street Journal's editorial board singled out one such measure for ridicule Friday: a cap on an...

By Nishant Kumar HONG KONG, May 3 (Reuters) - Five former proprietary trading desk bankers at J.P. Morgan in Singapore have started a new firm, linking up with one of Canada's largest mutual funds to launch the business. Dhimant Shah, 41, the former...

For taxpayers who work best under the pressure of a deadline ... well, that's now. Returns must be filed by the end of Monday. But there's always a risk when scrambling to get returns in under the wire. You might make a mistake or overlook a valuable...

WASHINGTON, May 2 (Reuters) - A pair of mutual funds and their trustees have settled civil charges alleging they had provided misleading disclosures to investors, in a case that stems from an ongoing crackdown by U.S. securities regulators into fee...