Economists don't expect the crisis to resolve before the summer. Assuming that no effective vaccine or treatment appears suddenly, we’re probably in for a long campaign.
Low rates encourage excessive risk-taking. But the Fed keeps accommodating market sell-offs, which sets up a new round of boom and bust. Retirees (and the annuity issuers who serve them) need fair, steady interest rates.
This post reprints the contents of three recent alerts for employers on labor law/retirement provisions of recent federal legislation pertaining to the COVID-19 crisis, provided by attorneys at the Boston-based ERISA law firm.
Advisors can help protect their clients from market drawdowns by purchasing puts on the S&P500 Index, writes our guest columnist, the founder and CEO of DALBAR, which rates the quality of financial services.
Jackson National to offer LifeYield software to advisers; Public companies need to be transparent about COVID-19 impact; AM Best sets up coronavirus web page; Americans are worried but calm: Allianz Life; SIMON and Insurance Technologies team up; Advisers see opportunity in health care stocks: E*Trade.