LUCKNOW, India (Reuters) – India, the world’s second-biggest gold consumer, has discovered gold fields with reserves of over 3,000 tonnes in Uttar Pradesh, a government official said on Saturday. India mines between 2 to 3 tonnes of gold annually, relying on expensive imports to fulfil nearly all of its demand, which averaged 843 tonnes per […]

Welcome to Retirement Scan, our daily roundup of retirement news your clients may be talking about Here’s how to handle Medicare if clients are still working at age 65Seniors working for big companies have the option to delay Medicare without penalty and stick to their group health insurance plan once they reach the age of […]

Wells Fargo will pay $3 billion to settle U.S. investigations into more than a decade of widespread consumer abuses under a deal that lets the scandal-ridden bank avoid criminal charges. The deferred-prosecution agreement with the Department of Justice spares the San Francisco-based lender a potential criminal conviction that can create serious complications for banks, if […]

  I am beginning to wonder if low cost investment dynamo Vanguard is becoming the new Aldi of the investment world and what this means for the sector. This week the company set the cat among the pigeons with a new low cost SIPP launch. It was clear from the accompanying information with the launch […]

Financial Planning Today is revamping its Twitter accounts to give our 10,000+ Followers easier access to news alerts and updates. We have thousands of Followers across several accounts and it’s a popular way to get regular updates and news alerts from us – as well as news about Financial Planning Today magazine and details of new […]

LEBC Group, the pensions and financial advice company founded by a Chartered Financial Planner, remains in “buoyant mood” despite making a financial year loss of £401,000 last year and having to withdraw from DB transfer advice. In the financial year to September the company saw turnover drop from £20.5m to £16.9m, blaming Brexit uncertainty for […]

Being the industry’s most active RIA acquirer paid off handsomely for Focus Financial Partners last year. But can that trajectory be sustained in an increasingly competitive M&A environment, underscored by Morgan Stanley’s blockbuster $13 billion purchase of E-Trade? The closely-followed Focus, the only publicly traded company that owns RIAs, posted impressive growth in key metrics […]

Back in 2003, when I was single, 26, not working and freshly minted with my master’s degree from Texas Tech University, I was singularly committed to studying for the CFP® exam. I passed the exam on my first try. My two months and 250 hours of study rule of thumb is good if passing the […]

Franchise business is one of the most common and trusted way to establish your business in a faster manner. In India, many people have adopted franchise business and became successful businessmen. The first question that popups in the mind, while establishing franchises business is which are the best franchises options? Here is post sharing 10 […]

LONDON (Reuters) – Britain’s biggest domestic lender Lloyds Banking Group (LLOY.L) reported a 26% drop in annual profit on Thursday, hit by increasing bad debts and billions of pounds of customer compensation. Provisions to cover payouts to customers mis-sold payment protection insurance (PPI) reached nearly 2.5 billion pounds ($3.2 billion) in 2019, dragging down pretax […]