The London silver vaults are looking increasingly depleted, and it is not immediately clear why. When we covered this story last year so much precious metal was leaving, it looked like some kind of heist....Read More
The Secure Act 2.0, which aims to expand access to retirement plans, needs to pass before January 3rd; otherwise it will need to be re-proposed to both houses. Although it is likely to pass eventually, due to its bipartisan support, a failure to pass it soon could result in serious delays.
The FTX collapse is a cautionary tale of many things, greed and hubris among them of course, but also a failure to really appreciate the importance of risk management. Many unsophisticated investors wonder why you would need to bother with complex models, when you can simply invest in an index fund or base your strategy on financial press hype.
The relationship with a financial adviser is key for retirement and the financial health of a plan sponsor’s employees. Advisers should become more knowledgeable not only about retirement, but also about other aspects of retirement planning.