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Full-Text Articles in Business
The Mutual Find Scandal: A Day Trading Simulation, Matt Becker
The Mutual Find Scandal: A Day Trading Simulation, Matt Becker
Presidential Scholars Theses (1990 – 2006)
The 6.9 trillion dollar mutual fund industry has come under fire due to questionable practices conducted by mutual fund companies. Individual investors trying to diversify with a small amount of money have historically turned to mutual funds. Mutual funds were used as a safe vehicle for investors rather than buying thirty different stocks in order to diversify away unsystematic risk. The perception that mutual fund companies were acting in the best interests of individual investors has been challenged in the past year. Elliot Spitzer, the New York Attorney General, brought to light some illegal and highly questionable activities of mutual …
Financial Planning As A Career, Mikol Sesker
Financial Planning As A Career, Mikol Sesker
Presidential Scholars Theses (1990 – 2006)
Financial literacy in the United States stands at about 18% of the population according to the Investor Protection Trust's 1996 Investor Knowledge Survey. This figure includes the infamous baby-boomer generation which is now in the process of thinking about retirement and making major financial decisions. This need has fueled the growth of the financial services industry and particularly the field of financial planning. People today feel inadequate to the task of organizing their financial situation and making sound investment decisions. For help with this situation they often turn to a personal financial planner. But the search for a competent, trustworthy …
Actuarial Computation Of Multiemployer Pension Plan Withdrawal Liability, Kelly A. Renze
Actuarial Computation Of Multiemployer Pension Plan Withdrawal Liability, Kelly A. Renze
Presidential Scholars Theses (1990 – 2006)
This project helps to demonstrate how pension actuaries must keep a constant eye on new laws. The pension industry is constantly bombarded with new laws which force them to alter policies and procedures. Because of the huge number of laws, it is difficult for all employees to fully understand every law. During my stay at the Principal, I discovered that many passages are interpreted differently by different people. I also uncovered some details through my research that other employees were not aware of.
Because of this complexity, it is often necessary to assign to one person, such as myself, the …