Headlines you need to know this week — July 18, 2017
House republican introduces bill to kill fiduciary ruleCongresswoman Ann Wagner of Montana introduced a bill that would eliminate the current fiduciary rule crafted by the Department of Labor. The proposal would require brokers to make recommendations that reflect “reasonable diligence, care, skill, and prudence.”
College debt an obstacle to homeownershipRising student debt is a significant obstacle to homeownership, according to the New York Federal Reserve. Its report found that up to 35% of the recent decline in home ownership can be tied to college debt, with student loans now averaging about $37,000 for recent graduates.
Social Security COLA planned for 2018Social Security beneficiaries will see a raise in 2018. The 2.2% cost-of-living increase is the largest increase since 2012. The Social Security Trustees also reported that Social Security is estimated to run out of funds in 2034 — the same as last year’s projection.
ON TWITTER NOW
Pre-orders are open for my new book “From Here to Security” on working to achieve retirement security for all.… https://t.co/Z96iONuftz
Which sector has the fastest earnings growth? See Putnam’s Perspective: https://t.co/IUduyCFZx9 https://t.co/CVtpYllQjl
The spirit of a warrior cannot be broken. Sending prayers to our hero John McCain.
Advisors: As compliance limitations diminish, texting may become a more common method of communication.… https://t.co/VyPFEYkXWq
60-second Insights: Higher inflation puts pressure on interest rates. https://t.co/6jziVwrlMU
48 years ago today, one of the greatest achievements in innovation this country has ever seen. https://t.co/sfCa8MTk7W
Honored to host @IrelandFundsAM Nantucket Celebration to support its goals of education and community development. https://t.co/mObNQTEzqE
Happy that one of my favorite players, “The Truth” @paulpierce34, will retire a Boston Celtic!… https://t.co/OBbcnMYdRc
60-second Insights: SaaS provides unique opportunities and can be a game changer for a business. https://t.co/PdlSp4xoQg
Happy #WorldEmojiDay! Tech Tip for advisors on which emojis they should use when communicating with clients.… https://t.co/sPI5ilyknv
Big data on your desktop.
Explore and compare funds, model portfolios, and discover new investment opportunities.
Webcasts you may have missed