The state Supreme Court Appellate Division reversed a 2019 ruling by Justice Henry Zwack that the New York State Department of Financial Services was within its authority when it issued Regulation 187. Read More
The US Dollar Index reached the lowest point since March 18 last week, while the 10-year Treasury yield dropped to 1.528%. A statement from Federal Reserve Governor Christopher Waller that any uptick of inflation is likely to be temporary, a climbing stock market and improved risk sentiment are thought to…
Just because the Setting Every Community Up for Retirement Enhancement Act eliminated restrictions on people contributing to a traditional IRA after age 70½ doesn’t necessarily mean they should. This article looks at potential issues for advisors and clients to consider. Full Story: ThinkAdvisor
The coronavirus pandemic took a toll on investor optimism and encouraged people to focus on guarding against portfolio losses, a study suggests. Diversification is the most common strategy to protect against losses, and many millennial and Gen X investors also indicated they would use annuities to address market risk. Full…
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