10 Aug 2018

More Fee Pressure on Advisors Raises Questions About the Value of Financial Advice

The recent decision by Fidelity Investment that it will not be charging any fees for certain index funds through its Fidelity Zero Total Market Index Fund for US stocks and the Fidelity Zero International Fund for stocks outside the U.S. raises some important questions for both advisors and investors. The main

Chuck Epstein 0
08 Aug 2018

Retirement News Worth Reading

Retirement and financial security are issues that are not often discussed by the general news media and most politicians (except Progressives), but these are major events affecting people worldwide. In the U.S., here are some retirement-related news events worth noting: Concern over retirement security is a major concern for Americans.

Chuck Epstein 0
06 Aug 2018

Bankruptcies Increase Among Older Americans—What’s Next?

The level of bankruptcies affecting Americans aged 55 to 74 is increasing and it’s just another example of how poor retirement alternatives, rising health care expenses, combined with low savings levels are all making the retirement crisis even more dire. A new report by  the Consumer Bankruptcy Project found that

Chuck Epstein 0
18 Jul 2018

The Retirement Crisis Is Now Permanent: What It Means For Financial Planning

A new report from the Organisation for Economic Co-operation and Development (OECD) finds there is now “unprecedented wage stagnation” and despite a stronger economy with record low unemployment rates and a far-reaching and controversial tax cut, the average wages of American workers have not budged since the late-1970s when “the

Chuck Epstein 0
14 Jul 2018

Whistleblower recieves $78 Million For Work in JPMorgan Fund Scam

A financial forensic investigator has been rewarded for his years of work on a financial scam involving JP Morgan that resulted in a $267 million settlement with the Commodity Futures Trading Commission (CFTC). The investigator, Edward Siedle, who formerly worked for the Securities and Exchange Commission,  received $78 million as

Chuck Epstein 0
14 Jun 2018

Mutualfundreform.com is now Theprogressiveinvestor.org

Since it was created in 2011, Mutualfundreform.com has sought to educate investors and future retirees about the ways to secure a more financially stable retirement.  Now, something is happening that can increase your odds of having a more financially stable retirement. That is the start of a progressive political caucus

Chuck Epstein 0
13 Apr 2018

What the Megachurches and Trump Have in Common (It’s Not Religion)

Americans have a special envy for the rich and famous. Blame it on a combination of the can-do- anything spirit, the quest for Hollywood-type fame, and the belief that wealth is the elixir for all human problems. Whatever the reasons, some Americans have elevated the wealthy, deserving, undeserving and even criminal, to be the pinnacles of

Chuck Epstein 0
02 Apr 2018

When Financial Corporations Rip-Off Their Own Employees

  Taking advantage of a stranger is bad enough, but what happens when a large financial firm knowingly takes advantage of its own employees? And to make matters worse, what happens when the employees are disadvantaged by their own employers in their own 401(k) plans? You would think this is

Chuck Epstein 0
29 Mar 2018

Barclays Twisted View of Corporate Reponsibility

So this is how the world’s largest global banks, in this case Barclays Plc, based in London, play the regulatory and corporate accountability game: The bank admits it deceived investors and swindled them out of $31 billion in mortgage backed securities that helped propel the 2008 housing market-led recession. In

Chuck Epstein 0
20 Mar 2018

Why the Investment Industry Ignores the Retirement Crisis

With over $19 trillion under management and the largest political lobby in Washington, you would think the investment industry, comprised of global banks, investment firms, U.S. registered investment companies and the insurance industry, would have a vested interest in seeing that more Americans enjoy a financially comfortable retirement. But if

Chuck Epstein 0