The Best Workplaces for Women are expanding the turf for women in finance

Erwin Oropesa

Finance has typically not been welcoming to women. But the “boys club” of yesterday is changing. A sign of the times: Financial firms rule this year’s list of Best Workplaces for Women. Nine organizations in financial services and insurance earned a spot in the top 20—triple the number on last year’s list.

What’s behind the shift? One reason is that the industry is evolving, with the value of financial advice changing. Almost nowhere is digital transformation shaking up an industry as it is in finance. With a finger swipe across a smartphone, investors can access their accounts and see how their portfolios are doing.

But women are adding value in ways that “robo-advisers” cannot compute.

“In the past, the value of financial services or the value of a financial adviser was in constructing a portfolio or trading stocks,” said Kristin Johnson, chief human resources officer at Edward

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4 Top Finance Picks Amid Chances of Near Zero Rates Till ’23

Erwin Oropesa

The much-awaited Federal Reserve Open Market Committee (FOMC) meeting regarding the core monetary policy will be ending today afternoon. Per the CME Group FedWatch tool, there is a 100% chance that interest rates will be left unchanged this time as well.

The central bank’s decision will not be a surprise for the markets as in the June FOMC meeting, interest rates were left at 0.00-0.25%, with indications that it will be at the same level through 2022.

Further, in late August, the Fed announced a major change in its inflation policy, seeking to support the fall in unemployment level by targeting an inflation that averages 2% over time.

In order to balance for the periods of weaker performance by allowing inflation rates to go beyond 2%, the Fed might be looking to keep interest rates at near zero level for an even longer period, likely till 2023.

Can Upbeat Outlook

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Founder of London Capital & Finance marketer Surge targets poor for rentals

Erwin Oropesa

The founder of Surge Financial, the marketing company responsible for putting thousands of investors into London Capital & Finance and Blackmore Bonds before they collapsed, is now running a business charging poor people high prices for rent-to-own household goods.

Kerry Venn was chief operating officer at Surge, which used sophisticated marketing techniques on social media and Google to target sales literature often at elderly customers who now face the loss of most of their savings with the firms.

She worked closely alongside Paul Careless, who later ran Surge and was arrested last year pending investigation into the collapse of LCF.

Careless denies any wrongdoing. Surge did not handle client money and was not involved in the investment decisions made by LCF and Blackmore.

Venn and her husband are now operating a business called YesYouCan, which charges more than double the retail value of items such as vacuum cleaners and washing

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