Finding the Right Financial Adviser: Get the Best Advice with a Fee-Only Fiduciary Adviser
Finding the right financial adviser can be daunting, especially since you want to make sure you’re getting the best advice possible that won’t be influenced by commission or a financial product that may not be best for you. To ensure you’re working with someone who is putting your best interests first, you should look for […]
Continue reading Macron’s High-Stakes Pension Reform: Bypassing Parliament and Risking the Government for a Second Term
President Emmanuel Macron of France took drastic action to force through his controversial pension reform Thursday, invoking a constitutional provision that allowed him to bypass parliamentary approval and raise the retirement age from 62 to 64.[0] The government had feared it could not secure a majority of MPs to vote in favor of the reform, […]
Continue reading Social Security COLA for Seniors and Other Beneficiaries Could be 3 Percent or Lower in 2023
Seniors and other Social Security beneficiaries are entitled to an annual cost-of-living adjustment (COLA) to keep their payouts aligned with inflation.[0] The COLA, determined based on changes in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), could be 3 percent or lower in 2023 based on recent inflationary trends, according to […]
Continue reading Senator Romney Takes Issue with Yellen on Social Security: Discussing the Need for Honesty and Bipartisan Solutions
On Wednesday, Senator Mitt Romney (R-UT) took issue with Treasury Secretary Janet Yellen’s statement that President Biden “stands ready” to work with Congress on Social Security. At the Senate Budget Committee hearing, Romney emphasized that there are no Republican or Democrat lawmakers proposing to cut Social Security benefits.[0] He went on to press Yellen and […]
Continue reading Macron Faces Reckoning as He Passes Unpopular Pensions Reform Without Parliamentary Vote
PARIS—French President Emmanuel Macron faced a moment of reckoning Thursday when his government invoked a controversial constitutional maneuver to bypass Parliament and impose a deeply unpopular pensions reform.[0] The move, which came in the face of mass protests and opposition from lawmakers, is a significant blow to Macron’s leadership and is likely to provoke further […]
Continue reading Massive Losses for Public Pension Funds After Collapse of Silicon Valley Bank
The collapse of Silicon Valley Bank, the 16th largest bank in the U.S., has resulted in massive losses for public pension funds around the world.[0] Retirement funds in Ohio, North Carolina, and California all reported losses of millions of dollars due to their investments in the failed bank. The Ohio State Teachers Retirement System (STRS) […]
Continue reading Macron Invokes Article 49.3 of the French Constitution to Increase Retirement Age
In an effort to preserve the country’s pension system from insolvency, French President Emmanuel Macron on Thursday invoked a special constitutional power to bypass parliament and increase the national retirement age from 62 to 64.[0] The move has been met with widespread protests and opposition from both the public and lawmakers. Macron and his proponents […]
Continue reading Trevor Wilde Honored for 15th Consecutive Year by Barron’s Top 1,200 Financial Advisors List
For the 15th consecutive year, Trevor Wilde, CEO of Wilde Wealth Management Group, has been honored by Barron’s prestigious list of top 1,200 advisors nationwide, this time taking title of No. 1 overall in Arizona. Wilde is also a past honoree of AZ Business Magazine’s AZ Business Angels award and received the Most Admired Leaders […]
Continue reading Finding the Right Financial Adviser – What to Consider Before You Commit
For those who need help navigating their finances, a financial adviser might be the way to go.[0] But before you commit to any one adviser, there are a few key points to consider. Ideally, you’ll want to hire a fee-only certified financial planner.[1] These professionals have completed coursework, have experience and are held to a […]
Continue reading The Bank’s Failure: Pension Funds Across the Globe Lose Millions
The collapse of Silicon Valley Bank (SVB) and Signature Bank has had far-reaching consequences, with pension funds across the globe losing millions of dollars. The California Public Employees Retirement Fund (Cal PERS) had around $67 million invested in SVB and $11 million in Signature, while the California State Teachers’ Retirement System (STRS) had $11 million […]
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