Archives for December 2024

A FINRA arbitration panel sided with a claimant who contended Wells and one of its advisors should have recognized telltale signs of elder fraud when their client decided to give away tens of thousands of shares of Aflac stock.

Pension provider and consultant XPS has launched a new tracker to benchmark a typical DC pension pot at retirement against industry living standards.

A chess-playing fugitive fraudster who stole more than £750,000 in a tax and mortgage fraud faces an extra five years in prison for not paying back the money.

  Wealth manager Brown Shipley, part of Quintet Private Bank, has hired experienced South African Financial Planner Lindy Kroese as a wealth planner for its Leeds team.

Edward Turley, a once high-flying advisor booted from the industry in 2022, is at the center of a dozen client settlements costing JPMorgan upward of $63 million.

Seven in 10 businesses (70%) surveyed this month (Dec 2024) expect their turnover to rise in 2025 – up from 62% in December 2023.

Experts say the playing field has fundamentally changed as fractional ownership and other paths to access make alternative investments increasingly available.

More than five dozen stories from the past year reflect an era of building controversy and pushback amid ongoing efforts to remove barriers and promote careers.