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Most-read stories on PBN.com, May 2018

1. PBN names 2018 Best Places To Work honorees. POSTED ONLINE: MAY 4. Providence Business News has announced the awardees of its 2018 edition...
FIDELITY INVESTMENTS has been said to have fired about 200 employees who were accused of abusing company benefits. / BLOOMBERG FILE PHOTO/ JB REED

Fidelity is said to fire about 200 workers for abusing benefit

NEW YORK - Fidelity Investments has fired about 200 employees who were accused of abusing company benefits, according to a person familiar with the matter.Fidelity...
ADAPTING INDUSTRY: As consumer expectations for online banking grow with advancing technology, banks and credit unions must find ways to adapt to those expectations while keeping costs down.

As technology becomes increasingly intertwined with banking, it presents opportunity and...

When Lisa G. Dandeneau first joined Navigant Credit Union more than 22 years ago, one of her first tasks was to help launch online...
FIDELITY INVESTMENTS is changing the way it charges wealth management customers for advice. / BLOOMBERG FILE PHOTO/JB REED

Fidelity is changing the way it charges for financial advice

NEW YORK - Fidelity Investments is changing the way it charges wealth management customers for advice, based on the amount they have invested with...
FIDELITY INVESTMENTS said operating income surged 54 percent in 2017. / BLOOMBERG FILE PHOTO/JB REED

Fidelity’s income rises 54% even as active outflows persist

NEW YORK - Fidelity Investments said operating income surged 54 percent last year even as investors pulled money from its actively-managed stock mutual funds.The...
THE FIDELITY INVESTMENTS biennial retirement-savings study, released last week, shows the typical American saver is on target to have 80 percent of the income they need to cover retirement costs. / COURTESY FIDELITY INVESTMENTS

Report: Americans better at retirement saving, but half not on target

BOSTON – A new report shows Americans are getting better at saving for retirement, but about half are not on target to have enough...
KEVIN RUTH is head of wealth planning and personal trust at Fidelity Investments. / COURTESY FIDELITY INVESTMENTS

Five Questions With: Kevin Ruth

Kevin Ruth is head of wealth planning and personal trust at Fidelity Investments. The company often fields questions from customers wondering how they should...
FIDELITY INVESTMENTS is reminding IRA owners aged 70 1/2 years and older if they don't take a required minimum distribution by Dec. 29, they could be subject to an IRS penalty totaling 50 percent of the amount not taken.

Fidelity: Don’t forget about RMDs

SMITHFIELD – Fidelity Investments is urging individual retirement account owners aged 70 1/2 years and older to start thinking about taking a required minimum...
FIDELITY INVESTMENTS this month released its College Savings IQ survey, showing that while a record-high number of parents may be saving for future college costs, they are underestimating how much money is needed. / COURTESY FIDELITY INVESTMENTS

Study: Parents saving for college, but underestimating costs

BOSTON – A new study shows that parents are saving for future college costs at an all-time high, but there remains a gap when...
FIDELITY INVESTMENTS RECENTLY launched the Student Debt Employer Contribution program, a new program designed to help employers increase recruitment and strengthen retention of employees by offering to help employees pay off student loans quicker. / BLOOMBERG FILE PHOTO/MICHAEL OKONIEWSKI

New Fidelity program helps employers pay off employees’ student loans

PROVIDENCE – Fidelity Investments last week launched a new program for employers to help employees pay off student loans quicker.The new program, named the...
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PROVIDENCE BUSINESS NEWS has named 52 honorees in its 2018 Best Places To Work competition.

PROVIDENCE BUSINESS NEWS:

52 OF THE BEST PLACES TO WORK IN RHODE ISLAND!

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