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How Does the Federal Reserve Work?

How Does the Federal Reserve Work?

The central bank has an outsize impact on financial markets BY KIM CLARK PUBLISHED FEBRUARY 28, 2024 Eight times a year, a group of 19 bankers, finance experts and economists gather for a two-day confab in an elegant cream- and-gold boardroom about a mile from the...
DOL Issues Final Version of Fiduciary Rule

DOL Issues Final Version of Fiduciary Rule

The much-anticipated rule change expands the definition of “investment advice” to advice given to consumers and sponsors of retirement plans governed by Erisa.  By Cyril Tuohy |April 23, 2024  The U.S. Department of Labor has released the final version of a new set of...
Vazirani Featured In Financial Times Publication

Vazirani Featured In Financial Times Publication

 Risk Control Indexes Are Multiplying, and So Are Their Critics  Critics of volatility-control indexes for life and annuity products argue that they’re complex, opaque and, in recent years, poor performers.  By Warren S. Hersch| April 10, 2024  Insurers are adding a...
How to Pay for Long-Term Care

How to Pay for Long-Term Care

Most people will need long-term care at some point, but insurance is pricey. Here’s a guide to covering the expenses Unless you maintain your health and mobility for the rest of your life, chances are you’ll eventually need some form of long-term care. Government...