Fidelity Investments News

Former Fidelity Investments’ Employee Claims Discriminatory, Hostile Workplace

A former female employee of Fidelity Investments has sued the company for discrimination and a hostile workplace where women were allegedly disparaged and racially insensitive comments were made, according to a lawsuit. Elizabeth Evans, who is described in the lawsuit …

Strap on the Goggles. Employee Training Is Entering Virtual Reality.

The future of employee training involves no embarrassing role-playing in front of new colleagues or boring web modules which take an hour each to click through. For the next wave in workplace learning, get ready to strap on a pair …

Fidelity Wins Court Battle with IRS Over Coal Tax Credits

Fidelity Investments on Wednesday won its court battle with the U.S. Internal Revenue Service over tax credits for the production of chemically treated coal. U.S. Tax Court Judge David Gustafson ruled at a court hearing that a partnership led by …

More Large Employers Add Financial Wellness Tools to Benefits Menu

Study after study shows that money stress can be as bad for workplace productivity as back pain. The latest study, released by PwC on Tuesday, found that a quarter of U.S. workers said financial worries caused them health problems. Forty …

Startup Zenefits Shows How Hard Hitting Revenue Targets Can Be

Zenefits probably couldn’t have predicted it would spend the first two weeks of February dealing with the resignation of its founding chief executive officer under pressure from the board and the loss of its biggest customer—all while facing investigations by …

Fidelity Investments Challenged Over Use of ‘Float Income’

Fidelity Investments, the largest U.S. provider of workplace retirement plans, is facing more accusations it improperly uses customer money earned in overnight accounts to pay its own operating expenses. Three Massachusetts residents accused Boston-based Fidelity on Thursday of using income …