October 14, 2019

PERSONAL FINANCE, FINANCIAL WELLNESS, ANNUITIES, TAXES, CHARITY & FINANCIAL LITERACY

• Retirement plans for the self-employed: Choosing the right plan for you ; A Surprising Way 2 Millennials Fast-Tracked Their Financial Progress
• These 3 dangerous Social Security myths could destroy your retirement ; Low Levels Of Financial Literacy Prevent US Investors From Meeting Goals ; Keeping money secrets from your spouse
• UAW-GM strikers tap into savings to get by on $250 weekly strike pay
• GE’s pension freeze raises a question: Should you take a lump-sum buyout or keep benefits?
• Others follow Charles Schwab fee cuts ; Fidelity Cuts Equity and Options Base Commissions to Zero
• Fund Managers Try Financial Planning as Indexing Cuts Profit
• The Rise of the Robo Financial Plan ; Preparing for a recession is integral to retirement planning
• Grant aims to teach financial literacy to teens at Boys & Girls Clubs ; APR and Interest Rate: They’re Not the Same

HEALTHCARE & WELLNESS

• Healthcare Extenders: What’s on the Table for 2019
• Healthcare Spending Triples in Last Two Decades
• Human Touch Still Matters to Consumers ; 60% of younger patients will switch healthcare providers over a poor digital experience: survey; How New Health Care Platforms Will Improve Patient Care
• Extent of health coverage gains from California gig worker law uncertain ; How Much Would It Cost to Provide Health Insurance to Illegal Immigrants?
• FDA’s Official Vape Warning Undermines Cannabis Industry’s Growth Plans
• Handful of states mull getting off HealthCare.gov for their own exchanges
• CalPERS in settlement talks in $1 billion long-term care insurance lawsuit

TECH, MEDIA & SOCIAL MEDIA

• Cyber Insurance Will Reshape Cybersecurity
• Gaming, photo apps in Google Play infect Android handsets with malware
• Apple Gives Way to Pressure From Beijing ; Apple pulls Hong Kong map used by protesters from App Store
• G20 leaders will discuss raising taxes for big tech firms next week
• California Privacy Law May Unleash Data Breach Lawsuit Wave
• McAfee, IBM join forces for global open source cybersecurity initiative
• Google begins responding to Texas antitrust investigators’ data demands
• Wyoming Continues to Pursue a Future with Blockchain

401k, 403b, 457b, NONQUALIFIED, STATE-RUN PLANS & LITIGATION

• Designing A Tiered Retirement Plan ; Are DC Plans Finally Warming up to ESG Investing?
• Employers Try a New Perk: Matching Student Loan Payments With 401(k) Contributions
• Liberals’ proposed annuities probably won’t be ready next year
• SEC Probes Practices in Public-Sector Retirement Plans
• Morgan Stanley wins 401(k) lawsuit over its plan’s in-house and BlackRock funds; Northrop Defends 401(k) As Trial Looms In ERISA Class Action ; Court Orders ESOP Fiduciary to Complete Fiduciary Training

PENSIONS

• Limiting vs. Eliminating Pension Risks ; States Have Made Progress in Partly Mitigating Funding Risk
• Federal Retirees Will Get 1.6% COLA in 2020
• Limiting vs. Eliminating Pension Risks
• CalPERS is Heavily Invested in Chinese Companies
• Court overrides Oregon AG, ordering her to rewrite ‘misleading’ draft of pension ballot measure
• Negative Rates Are Placing Pensions in Uncharted Territory
• Pension Obligation Bonds May Soon Have Their Moment ; Pension obligation bonds are a poor fix for pension debts
• $45.3M budget draft would raise Pottstown taxes 4.25%
• Pritzker pension team looks for savings but finds costly threats instead ; Report: Illinois should consolidate police, fire pension funds
• Court: AG must rewrite ‘misleading’ pension ballot measure
• Senior tax breaks could widen gap between CT’s rich and poor
• Already in trouble, corporate pension plans are doomed by low interest rates ; GE’s Pension Freeze: Will It Help Right the Ship?

INTERNATIONAL

• UK Pension Regulator Begins Widespread ‘Crackdown’ on Poor Recordkeeping Practices
• Dutch regulator: Determining risk attitude in DC schemes must be improved
• Copenhagen’s $1.8 Billion Money Pot Is Looking for Green Targets

MARKETS

• Consumer Comfort in US Improves on Economy, Buying Climate ; Amid muted job market growth, Festive season hiring continues
• The price of gasoline fell slightly over the last week ; Oil Shipping Costs Soar to Highest Levels in 11 Years
• What to Watch to See if World Economy is Heading Into Recession ; How to make economic policy fit for a world of low inflation
• Investors sell stocks and hide cash in money market funds
• SEC Forms High-Profile Asset Management Advisory Committee
• Ivy League Endowments Make The Same Old Mistakes
• ‘Sustainable’ investors match the performance of regular investors, new IMF research finds
• Yield curve uninverts on optimism over China trade deal
• Facing slowing growth and credit downgrades, South Africa’s economy is stuck in the mire
• Britain and EU Step Up Last-Ditch Brexit Talks ; UK economy to dodge pre-Brexit recession but outlook weak

ALTERNATIVE INVESTMENTS

• Alternative investments: what’s hot in the current climate?
• Virginia sets $482 million for private equity, credit, real estate
• South Korea’s biggest hedge fund freezes redemptions
• US private equity fundraising swells as mega funds get bigger
• Finally the IRS Clarifies Its Position on Cryptocurrency ; Central Banks Need Digital Currencies, Princeton Economist Says ; What Libra’s demise means for central banks ; How Central Bankers Accidentally Printed Cryptocurrencies Against Themselves; SEC stops Telegram’s $1.7 billion token offering
• Venture investments up 69% at $16.4 bn in Q2
• The Five Important Stages Of Rehabbing For New Real Estate Investors
• Why Family Office Advisors Are Fast Becoming Extinct And How To Avoid It