Financial Planning

The Financial Accounting Standards Board has issued a proposed set of standards that aim to shed more light on the financial reports of organizations that participate in multi-employer pension plans and other post-retirement benefit plans.

The Obama administration said that nearly 2,000 employers and unions have been accepted in the first round of the $5 billion Early Retiree Reinsurance Program created under the health care reform bill.

The Financial Planning Coalition has asked the Securities and Exchange Commission to extend the fiduciary standard of care to broker-dealers and other financial professionals who provide personalized investment advice to retail customers.

People filing for Chapter 7 and Chapter 13 consumer bankruptcy protection are facing as much as a 55 percent cost increase as one result of the 2005 comprehensive bankruptcy reforms, according to a new study.

The Securities and Exchange Commission has adopted changes to the federal proxy access and other rules to facilitate the rights of shareholders to nominate directors to a company's board.

The Certified Financial Planner Board of Standards has recommended enhancements to the Securities and Exchange Commission’s proposed rules in target date funds, including better disclosure in the funds’ advertising and marketing materials.

Experiencing a critical illness, such as cancer, a heart attack, or stroke, can reduce a family’s income by more than $12,000 in the first year alone — even with medical coverage in place — primarily due to the inability to work, according to newly released studies.

IMGCAP(1)]It’s all but expected in Boston (and maybe anywhere other than New York) that baseball fans hate the Yankees.

Credit card companies have been prohibited from charging their customers inactivity fees under the latest set of protections that went into effect from the Credit Card Act.

IMGCAP(1)]One of the most popular investment activities that has experienced dramatic growth in the past five years is retail foreign exchange trading.