DOL’s New ESG Rule ‘Unremarkable’

AFP via Getty Images Two days before Thanksgiving, on November 22, 2022, the Department of Labor (“DOL”) released its much anticipated “Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights.” Between DOL Bulletins and Rules, this represents the fourth rewriting of the fiduciary definition since 2008. This new rule essentially reverses the longstanding…

Does The FTX Bankruptcy Change Crypto Calculus In Your Retirement Account?

NurPhoto via Getty Images The collapse of the cryptocurrency exchange FTX sent ripples through the trading markets. And more. It’s a story that involves politicians, celebrities and, quite possibly, geopolitical intrigue. “FTX shut down its operations after it was revealed that the company was engaged in fraudulent activities,” says Aviad Faruz, Chief Executive Officer of…

Facing Down The Retirement Passage

When the life compass points to retirement getty Assuming you and your job made it through the pandemic unscathed–or maybe only mildly touched–and you are now in your 60s or 70s, you might be starting to think about that life passage known as “retirement.” Retirement is more than an event; it’s a process. If you…

Never Received Financial Advice On Retirement Planning And Worried You Don’t Have Enough? Read On

What many pre-retirees and retirees worry about is having enough money to maintain their current … [+] lifestyle. getty While older workers are finding some organizations open to hiring all-aged workers, many employee cultures remain focused on young talent to the exclusion of more experienced workers. One of the consequences of systemic ageism is that…