August 23, 2019

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

• Americans Are Richer Than We Think
• Only 29% of Working Americans Have Increased Their Retirement Savings Contributions
• If you retired with a million dollars, how long would it last? ; How to Cut Your Largest Expense in Retirement
• 2Q Annuity Sales Bust More Records ; What is Annuitization and When Should You Do It? ; Penn. Insurance Department Announces Restitution for Consumers in Annuity Scam
• Here’s what you need to know before buying a fixer upper
• 15 Questions to Ask Clients About Their Charitable Giving

HEALTHCARE & WELLNESS

• Cybersecurity: The enemy is already inside the gate ; Hackers Targeting Healthcare with Financially Motivated Cyberattacks
• Head of health insurance lobby responds to Sanders: ‘We disclose all of our lobbying’

TECH, MEDIA & SOCIAL MEDIA

• Students, staff at Flagstaff Unified School District impacted by data breach ; Data breaches up 54% YOY, 2019 set to be ‘worst year on record’
• How Current Cybersecurity Issues Can Affect Future Profitability
• From human resources to helpful robot — how AI may transform HR
• Investment Robots Are Listening to CEOs and Reading Your Twitter Feed
• Fintech Takeover Spending Hits Record Levels on 2019’s Megadeals ; Star power? Athletes and actors join fintechs as A-list investors ; Should you raise equity venture capital or revenue-based investing VC?
• Why Apple may have Netflix ‘sweating bullets’ ; 4 Reasons Netflix Cancels Its Original Programs

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

• Contributions to DC plans steady in Q1  ; Participants’ Posture on ESG Investing Not Showing in Retirement Plans
• DOL readies proposal for more digital 401(k) disclosures
• Litigators Share What They Investigate for Filing TDF Lawsuits
• Managed accounts: Primed for adoption in the 401(k) market?
• Charles Schwab Scores in Legal Fight Over 401(k) Plans ; ERISA case against Transamerica can continue, judge rules

PENSIONS

• US Corporate DB Pension Funding Falls $11 Billion in July
• CalPERS revamps governance model, reduces number of meetings ; With pension burden climbing, California Highway Patrol agrees to delay some raises
• CSRS vs FERS: The uncivil war
• PERS pension debt clouds Oregon’s fiscal future

INTERNATIONAL

• A look at the landscape for pension solvency funding reform across Canada
• Court hearing on pension equalisation earmarked for 2020
• Norway’s Government Pension Fund Global returns 3% in Q2
• Japan’s Pension Fund Warns of Global Investing Losses
• NHS trusts act on staff pensions to stave off winter workforce crisis
• Complacency over cybersecurity could lead to serious pension losses – SPB
• Bond yield downturn forces pension funds to seek more profit
• Robo-adviser targets ’emerging HNWIs’ across Asia

MARKETS

• Fed Was Divided About Interest Rate Cut ; Fed Saw July Rate Cut as Insurance for Growth and Inflation ; US created 501000 fewer in past year than previously reported
• CBO expects deficit to grow more than projected, warns that tariff hikes could harm growth
• Stock Market Rallies, Showing Resilience of Consumers ; Former OMB director says a halt in US consumer spending would bring on a recession
• AAA Reports Gasoline Demand at All Time High ; The US Becomes the World’s Largest Oil and Natural Gas Producer
• Fund investors dip into US stocks during volatile week
• Why Central Banks Down Under Are Finally Talking QE
• UK and EU Harden Their Positions on Brexit as G7 Meeting Nears

ALTERNATIVE INVESTMENTS

• Q2 2019 Hedge Fund Trends ; Hedge funds aren’t betting on a recession, Goldman data show ; When Going Gets Tough, Hedge Fund Traders Get Better, Study Says
• Private equity-backed stocks do better in a volatile market
• Is Amazon Moving into the Cryptocurrency Space? ; Facebook cryptocurrency investigated by EU ; One in five Turks uses cryptocurrency, report says
• Are REITs Still a Viable Alternative Investment Strategy? ; REIT Compensation Shifts Under New Scrutiny