September 19, 2019

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

• Millennials share their retirement plans on Twitter — let’s just say it’s not good ; How much money millennials have, compared to what their parents had at the same age
• Robo-advisers outperform in bear market: data ; Record RIAs, bullish outlooks put financial advisors in the spotlight
• Nuts And Bolts Of Preparing to Retire Abroad ; You’re fooling yourself if you think you can retire early with kids
• ‘And for out next act’: Rock band drums basics of financial literacy into Garland ISD 6th-graders
• Annuity Puts Time on Your Side-Ask The Rolling Stones
• Bankrate: Over 50% of Americans are in the dark about the minimum down payment
• GM Day 2: Strike pay would barely cover workers rent

HEALTHCARE & WELLNESS

• Dueling reports highlight payer-provider finger pointing over healthcare costs
• For 73 million Americans, limited choices for commercial health insurance, AMA study finds
• Beset by lawsuits and criticism in US, opioid makers eye new market in India
• Treating employees as assets starts with managing their health journey
• These are the healthiest and unhealthiest US cities

TECH, MEDIA & SOCIAL MEDIA

• Ecuador Investigates Data Breach of Some 20 Million People ; Who’s Financially Responsible for Cybersecurity Breaches?
• Before jobs are even posted, Amazon ‘Career Day’ draws thousands to Virginia

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

• August Was the Month of Bonds for 401(K) Funds
• How advisors and plan sponsors can partner to modernize their approach to retirement
• Sidecar Savings Accounts Create Current and Future Financial Security
• Cash-out leakage is still too high — and auto portability can help
• How This Week’s TSP Revamp Will Change Retirement For Federal Workers
• Stable Value Doesn’t Mean Maximizing Returns Isn’t the Goal
• Lawsuits Over 401(k) Fees Taking Aim at Smaller Employers ; Adidas Says 401(k) Suit Over $6M In Fees Dead On Arrival

PENSIONS

• Pensions Gauge Risk After Quest for Big Gains; Hooray, LDI Is Progressively Making Corporate Pension Portfolios Less Risky
• Marin elected leaders seek 10-year plan on pension costs
• City of Springfield needs $269M in tax hikes to fund pensions
• Spiking cost of CalPERS health insurance surprises cities and schools in Sacramento region
• GE’s Pension Deficit Is Set to Soar
• Pension crisis could be looming for at least a million retirees of religious organizations 

INTERNATIONAL

• Most financial firms unprepared for LIBOR transition 
• Aegon pushes for DC switch for Dutch staff
• More than 2/3 of UAE population claim personal savings are bridges to financial success

MARKETS

• Weak Corporate-Spending Appetite Boosts US Recession Risk
• It’s Markets vs. Central Banks, and Traders Are Winning ; Markets fear ECB tiering is an effective rate hike ; The Fed’s confusions
• How low can we go? The prospects for negative interest rates
• Oil prices are pulling back a little but investors remain wary ; An Oil Price Surge Could Hurt Consumer Spending, and the Economy
• The surprising state powering renewables investing in the US ; UC investments are going fossil free. But not exactly for the reasons you may think
• Europe is being urged to spend, but some nations are showing little appetite for change

ALTERNATIVE INVESTMENTS

• Swiss Investors Are Ditching Traditional Investments, Moving to Alts
• Hedge funds up 0.17 per cent in August ; US hedge fund dispute with South Korea heads to arbitration
• Wells Fargo tests cryptocurrency for internal transactions ; Stanford grads develop cryptocurrency for smartphone users to increase its accessibility ; Stanford grads develop cryptocurrency for smartphone users to increase its accessibility
• How to get an introduction to family offices