WASHINGTON - To help thwart the growing number of investment fraud cases against senior citizens, the Securities and Exchange Commission was scheduled to hold its first-ever Seniors Summit July 17. The summit's agenda will include a session on seniors and investment fraud, an enforcement and examination update, and a panel...
CAMBRIDGE, Mass. - When it comes to investments, the age of the investor is certainly a strong predictor of behavior and perceptions. According to an extensive report from Forrester Research Inc. titled The Generations Of Financial Services Consumers-Examining How Financial Needs Differ Across Generations Of US Consumers, senior citizens, defined...
ATLANTA - While many Americans will have to work right up to the traditional retirement age of 62 or beyond, a growing trend shows some are being forced to retire sooner than they planned.
WASHINGTON - "Not-so-bad" loan growth and negative savings growth pushed credit unions' loan-to-share ratio up over 80% in May, according to CUNA's Monthly Credit Union Estimates.
NEW YORK - Some industry experts say penetration of investment services to members tends to be low but one minority group could be a way to increase numbers. According to the 2006 Black Investor Survey from Ariel Capital Management and Charles Schwab, the median black worker has saved $59,000 for...
JEFFERSON CITY, Mo. - Investing in the livelihoods of mostly rural, low-income, independent farmers is so important to Missouri Farmers Union Credit Union that it's careful about the investment decisions it makes. The $867,000 credit union, launched in 2004, serves 133 members, according to NCUA data. It recently became a...
