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Rate cut expected in June – how your mortgage and savings will be affected
The Telegraph via Yahoo Finance· 10 hours agoIn its latest Monetary Policy Committee meeting, the Bank of England again voted to keep interest...
Most Americans want to live until they're 100, but also don't believe they can afford to — here's...
AOL· 4 days agoAccording to a survey by Corebridge Financial, 54% of Americans aspire to live to age 100. Since 1990, the number of centenarians in the U.S. has nearly tripled to 101,000, or 0.03% of the population ...
Don’t Forget About Sequence Risk
WealthManagement.com· 9 hours agoNo one knows exactly when the next big market correction will occur, but when it does, like we saw in 2000-2003 and 2008-2010, sequence risk (aka...
New DOL fiduciary rule hit with 1st lawsuit by insurance industry group
BenefitsPRO· 3 days agoThe lawsuit calls the rule an "assault on insurance agents selling annuities," and said it reflects...
29 Careless Ways Retirees Waste Their Savings
GoBankingRates via AOL· 1 day agoYou've worked hard your whole life, so you deserve to enjoy yourself in retirement. However, when you live on a fixed income, it's important to keep...
Fee Savings From DOL Fiduciary Rule Could Top $55B: Morningstar | ThinkAdvisor
ThinkAdvisor· 2 days agoThe Labor Department released the much-anticipated final version of its new fiduciary regulations...
Should I Take a $150,000 Lump Sum or $1,200 Monthly Payments for My Pension?
SmartAsset via AOL· 13 hours agoWhen companies offer a pension, it's common to give retirees two options: collect the pension as a lifetime monthly payment or receive it as a lump sum at retirement. Monthly ...
Corebridge Financial Inc (CRBG) (Q1 2024) Earnings Call Transcript Highlights: Robust Growth ...
GuruFocus.com via Yahoo Finance· 6 days agoThese are one-time adjustments and have been highlighted for transparency. Q...on. These transactions are complex and bespoke, requiring significant underwriting and administrative capabilities ...
If it’s a rollover, it’s fiduciary
InvestmentNews· 2 days agoThe new rule, which begins to take effect in September but will not be fully phased in until April 2025, changes a 1975 definition of fiduciary ...
Yet Another DOL Fiduciary Rule Released: Will the ‘Regular Basis’ of Prior Outcomes Follow ‘Suit’? |...
JD Supra· 19 hours agoThe Department of Labor issued a final release (the “Final Release”) which (1) finalized changes to its 1975 rule defining when institutions and individuals are providing fiduciary “