Financial security

Appointment of the chief executive of the Australian Financial Security Authority

Attorney General Minister of Industrial Relations Deputy Leader of the Government in the Senate Western Australian Senator Senator the Honorable Michaelia Cash Deputy Minister of the Attorney General Deputy Minister of Industrial Relations Deputy Minister for Women Queensland Senator Senator the Honorable Amanda Stoker Joint press release Attorney General Michaelia Cash and Deputy Minister Attorney […]

Financial security

Borrower’s ‘Bill of Rights’ protects Californians, promotes financial security and economic justice

In 2016, California enacted AB 2251 The Student Loan Servicing Act. AB 2251 created a regulatory licensing program within the Department of Financial Protection and Innovation (DFPI) and gave the DFPI the authority to oversee companies that service student loans in California. Although AB 2251 created some protections for borrowers, it did not provide the […]

Financial security

MetLife’s (MET) Structured Solution for Providing Financial Security

MetLife, Inc. MET recently introduced a structured installment sale solution, which can be used for the sale of properties that qualify for the installment method under Section 453 of the Internal Tax Code. The solution can be used in 49 states, Puerto Rico and Washington, DC through MET’s subsidiary, Metropolitan Tower Life Insurance Company. If […]

Financial security

Pennsylvania Commission for Women Hosts Discussion on Financial Security for Survivors of Crime

The Pennsylvania Commission for Women, FreeFrom, the Pennsylvania Coalition Against Domestic Violence (PCADV), the Pennsylvania Commission on Crime and Delinquency (PCCD), the Pennsylvania Department of Banking and Securities and the Pennsylvania Office of Victim Advocate (OVA) hosted a meeting Crime Survivors Safety Virtual Discussion to address the complexities of financial abuse and highlight the resources […]

Financial literacy

ETF receives Governor’s Award in Financial Literacy 2021

The Wisconsin Department of Employee Trust Funds recently received a 2021 Governor’s Award for Financial Literacy for its financial wellness pilot program, Wisconsin Strong: Your Financial Security™. The program was selected by the Governor’s Council on Financial Literacy and Capability for meeting the following criteria: Innovative implementation of an effective financial literacy and capability program […]

Financial institutions

Department of Financial Institutions: Wisconsin Savings Week: Build Personal Savings to Achieve Your Financial Goals

MADISON, Wis. – A coalition of Wisconsin organizations is encouraging Wisconsin residents to participate in Wisconsin Saves Week and take action to secure their financial future. Wisconsin State Treasurer Sarah Godlewski officially proclaimed February 21-25, 2022 Wisconsin Economy Week in partnership with the Wisconsin Department of Financial Institutions (DFI), Wisconsin Bankers Association (WBA), the Wisconsin […]

Financial literacy

Department of Financial Institutions: Governor Evers honors recipients of the 2021 Governor’s Award in Financial Literacy

MADISON, Wis. – Today Governor Tony Evers honored eight individuals and six organizations as recipients from Governor’s Award for Financial Literacy 2021 in a virtual ceremony. Recipients were honored for their efforts to help Wisconsin residents develop their financial literacy skills and capabilities. “Financial education should build on and respond to people’s individual strengths, circumstances […]

Financial plan

Roses, chocolates and… A financial plan? Couples Love Security: A Study

A new study reveals that couples do better financial planning than singles. This Valentine’s Day, singles looking for happily ever after should give themselves a written financial plan — something they’re about half as likely to do as couples — to get a boost in life. savings and other benefits. That’s according to a new […]

Financial literacy

OCBC NISP wants young Indonesians to develop financial literacy

The economic disruption and uncertainty caused by the pandemic has caused many people to carefully review the way they handle money and perhaps even redefine their idea of ​​financial security. Bank OCBC NSIP wanted to get more Indonesians to become financially healthy and spread awareness about the importance of have the right knowledge to […]

Financial security

Financial Security Archives – Milwaukee Community Journal

Pilot program will support low-income Milwaukee residents with asset creation and economic mobility Havenwoods Neighborhood Partnership (HNP) announced the commitment of the PNC Foundation and Johnson Controls International Corporation’s Foundation to help fund the launch of a new program, Raising Wealth – Individual Development Account (IDA). The pilot program is designed to provide low-income Milwaukee […]

Financial security

Blockchain The new face of financial security

“Confidential details compromised” is a news flash that is becoming more common these days, and with digital mode dominating the financial industry, the threat of losing valuable details in moments is a harsh reality that is becoming common. With centralized data, it sometimes becomes possible to breach and access information, just like that which happened […]

Financial security

Securing your path to financial security

WHEN we talk about financial security, many of us think about how to earn more, save more, and invest more in order to be more financially secure for the future. While this is an advised and proactive strategy for working towards financial security, we should not overlook the importance of devoting time, money and effort […]

Financial security

Financial Security Services with SaaS Growth

Technology continues to evolve and with each evolution, multiple industries begin to benefit from the process. One such technological advantage was seen in 2004. The launch of Selenium, an automation tool that changed the way lines of business operated in their funnel stages. In addition to multiple common sectors, the impact of technology has reflected […]

Financial plan

Rich or poor, it’s never too late to germinate a financial plan – Press Enterprise

This year, we may have made the same resolutions as in the past: lose weight, exercise, save more, or pay off debt. In fact, 65% of Americans ages 18 and older considered a financial goal for the New Year, according to a 2021 study by Fidelity Investments. The main financial goals were to save more […]

Financial plan

Alleviate Investor Anxiety with a Comprehensive Financial Plan

There is a split among wealthy investors today when it comes to the economy and their financial future. While a small majority feel optimistic, more than four in 10 are uncertain and uncomfortable. In recent research, we explored this gap to understand why people feel this way, as well as what advisors can do to […]

Financial security

Thai government introduces financial security packages for freelancers

BANGKOK (NNT) – The government is encouraging the self-employed to join the national savings fund to improve their financial security, along with other benefits ranging from accident insurance to a retirement scheme. The government also plans to roll out additional job security packages for self-employed and informal workers. Deputy government spokeswoman Rachada Dhanadirek called on […]

Financial security

Don’t neglect financial security: AIST

The Australian Institute of Superannuation Trustees (AIST) welcomed the government’s draft plan to end violence against women, but urged financial security to be considered. The draft National Plan to End Violence against Women and Children 2022-2032 has been released and AIST Chief Executive Eva Scheerlinck said financial security was an important factor. This plan would […]

Financial security

Kenya: “You will have financial security!” Raila’s commitment to single mothers

Nairobi – A campaign pledge by Orange Democratic Movement leader Raila Odinga that his government will take care of the country’s teenage and single mothers has sparked excitement among part of the crowd attending the Azimio mega-rally Saturday’s Umoja in Thika Town. The ODM chief appeared to hit some women in the audience after mentioning […]

Financial plan

5 Reasons Startups Need a Financial Plan in 2022

Building a start-up business can be the most exhilarating and challenging journey an entrepreneur can experience, with significant time spent growing and prospering your business. However, what many startups fail to implement is a financial plan that they can track and follow along the way. From conceptualizing the dream of having a business to launching […]

Financial security

Two Albany Financial Advisors Featured on Forbes Top 50 Financial Security Professionals List

December 14, 2021Updated: December 14, 2021 3:59 p.m. Michael Testa, Senior Financial Advisor at Tailored Wealth Solutions, is one of two locals to make Forbes’ list of 2021’s Top 50 Financial Security Professionals.provided by Tailored Wealth Solutions ALBANY — Two local advisers are on Forbes’ list of Top 50 Financial Security Professionals for 2021. The […]

Financial security

What is a financial guarantee? Definition, examples and FAQ

Financial securities have a value and can be bought, sold and exchanged. Ishant Mishra via Unsplash; Cloth Contents What is a security? Basically, a security is a financial asset or instrument that has value and can be bought, sold or traded. Some of the most common examples of securities include stocks, bonds, options, mutual funds, […]

Financial security

Innovations to Improve Financial Security and Expand Economic Opportunity

Improve household financial stability and security Savings are the foundation of financial security. It allows households to cover an emergency, to bounce back from a setback and it creates the peace of mind that allows families to focus on the longer term horizon. But many American households need help overcoming the barriers that prevent them […]

Financial security

Algorithms can decide your grades, job prospects, and financial security, but are they fair?

By Kalervo Gulson, Teresa Swist, Claire Benn and Kirsty Kitto for The Conversation Algorithms are becoming commonplace. They can determine job prospects, financial security and more. The use of algorithms can be controversial; for example, robodebt, as the Australian government’s flawed online compliance system has become known. Algorithms are increasingly used to make decisions that […]

Financial security

McMorris Rodgers: Energy security is national and financial security

Washington, DC (November 16, 2021) – Washington East Congresswoman Cathy McMorris Rodgers (WA-05) brought attention to the current supply chain crisis and continued to push for a more secure, clean and independent energy future. During today’s joint hearing of the Energy and Trade Sub-Committee on Environment and Climate Change and the Energy Sub-Committee, Cathy delivered […]

Financial security

How Benefits Professionals Can Leverage Payroll Tools to Improve Workers’ Financial Security

(Photo: Shutterstock) America is in a savings crisis, with 36% of households being unable to handle a $400 emergency from savings. A commonwealth To analyse of the Federal Reserve’s report on household economic well-being indicates that the problem is worse for low-income households earning less than $60,000, where 58% of people do not have $400 […]

Financial security

Virtual launch of a series on empowering financial security and well-being with a focus on “Reframing Retirement”

NEW YORK, November 4, 2021 /PRNewswire/ — EY today announced the launch of EY Innovation Studio (EYIS): Enhancing Financial Security and Wellbeing. The program is a key part of the company’s broader focus on financial well-being and long-term value. Year 1 cohort focuses on “Reframing Retirement”, reflecting EY’s vision for the future of the retirement […]

Financial security

Inaugural Forbes ‘Top Financial Security Professionals’ List Recognizes Three Northwestern Mutual Advisors in Virginia | State

RICHMOND, Va., November 3, 2021 /PRNewswire/ — Northwestern Mutual today announced the Virginiaexisting councilors who were appointed to the Forbes List “Best Financial Security Professionals 2021”. The list recognizes top performers within the financial industry based on criteria such as industry experience, revenue, assets under management, client loyalty, compliance record, community involvement and best practices, […]

Financial security

Forbes Announces First-Ever Ranking of America’s Top Financial Security Professionals

Forbes Announces Ranking of America’s Best Financial Security Professionals Forbes NEW YORK – October 19, 2021 – Forbes, in partnership with SHOOK Research, today announced its inaugural ranking of America’s Top Financial Security Professionals (FSPs). The Forbes/SHOOK ranking offers a performance ranking of the top 250 finance professionals who are also licensed to sell insurance. […]

Financial security

The Best Financial Security Professionals in the USA 2021

Forbes/SHOOK Best Financial Security Professionals 2021 Forbes Forbes will unveil its inaugural ranking of America’s Top Financial Security Professionals (FSPs), the professionals families rely on for wealth planning and protection, including insurance. Extensive research is conducted by partner SHOOK Research. SHOOK Research’s rankings are based on a simple notion: “Would we recommend these professionals to […]

Financial plan

Having a Crucial Financial Plan During Uncertain Times – Lifestyle

Sudibyo Wiradji (Jakarta Post) Jakarta ● Mon 18 October 2021 2021-10-18 09:23 105 2585ce4f3192e686844ec057dc198149 4 Way of life health To free Procrastination is known to be a habit that many people have, for example, procrastination on work, medical checkups, and financial planning. These habits are to be avoided given the inconvenience they may cause in […]

Financial security

Pension plans and life insurance contribute to the financial security of employees

According to “2021 survey on well-being at workconducted by the Employee Benefits Research Institute (EBRI) and independent research firm Greenwald Research. Among those with an employer-sponsored pension plan, seven in 10 say they understand their benefits extremely or very well. Six out of 10 say they are satisfied with their plan. Of those without an […]

Financial security

Shriram Group to provide financial security to employees in case of unforeseen situations

Shriram Group has rolled out an initiative to provide financial security and a safety net to employees and their families to deal with situations resulting from the pandemic. The “We Care” program was introduced with the organization, recognizing that benefits can be life-changing for its employees, especially those focused on care, flexibility and mental health. […]

Financial security

LGBTQ seniors lack access to health care, financial security and caregiving

CHICAGO, October 5, 2021 /PRNewswire/ — LGBTQ seniors on the other side Illinois are struggling to get the health care, financial security and support they desperately need, according to a new report from AARP Illinois and SAGE released today. The disparities, documented in a first-of-its-kind report commissioned to help LGBTQ older people be seen and […]

Financial plan

Should you change your financial plan due to short-term changes in inflation and monetary policy?

by Massi DeSantis The Federal Reserve Bank (“the Fed”) has been in the spotlight since the onset of Covid-19, taking a number of steps to help the economy weather the pandemic. You’ve heard of easy money, zero interest rates, reverse repos, quantitative easing, and you might be wondering what all of this means for your […]

Financial security

Proposed tax code change threatens financial security of Ohio farmers

Scott Stevenson and Jim Havens | Akron Beacon Log While the coronavirus pandemic has shut down many schools and businesses in our state, Ohio farmers have never stopped working to feed our state and our nation. Although the past year has not been easy for our agriculture industry — from declining demand from restaurants to […]

Financial security

Green Dot® invests in research initiative to advance financial security and inclusion for gig workers

PASADENA, Calif.–(BUSINESS WIRE)–Green Dot Corporation (NYSE: GDOT) today announced that it is investing in a new research initiative led by a national nonprofit Commonwealth aimed at addressing the financial insecurity of the fast-growing non-traditional workforce. Research, in collaboration with the 1099 payroll platform Task wagewill test which types of financial products best support non-traditional workers […]

Financial security

CT Restaurant Association says financial security risks being wiped out by Delta variant

NEW HAVEN, Conn. (WTNH) – The Connecticut Restaurant Association, the National Restaurant Association and 50 other state restaurant association partners have sent a letter to congressional leaders for a speedy replenishment of the Restaurant Revitalization Fund. Connecticut has more than 2,000 pending applications that total more than $489 million in stabilization funding that would be […]

Financial security

How covid harmed financial freedom and financial security of Indians: survey

The Freedom of Life Index developed by HDFC Life fell by 4.8 points in 2021, indicating that the financial security of Indians had been affected. The freedom of life index is made up of four indices. Each of the four sub-indices has a different weighting in the composite index. Scores are based on responses from […]

Financial security

Five ways to increase your financial security

The pandemic has undoubtedly changed the way we think and feel about our financial situation, pushing the boundaries of what we think of as “financial security”. However, despite the negative impact of the pandemic on the financial situation of many people, a recent study shows that 52% of Metro Philadelphia residents currently feel financially secure […]

Financial security

Black men have less financial security than white men

When it comes to the ingenious use of money, there is a huge disparity between black Americans and white Americans. Consider this: The average value of savings and investments for white men is $422,000, more than double the $168,000 for black men. These worrying numbers, compounded over time, mean middle-class Black Americans will have less […]

Financial security

Anticipating a major opportunity to improve financial security, Commonwealth Tax Credit Access Initiative for Low and Moderate Income Families of Color

BOSTON–(BUSINESS WIRE)–Commonwealth, a national nonprofit organization that builds financial security and opportunity through systemic change, today announced the ARPA Access Initiative, funded by JPMorgan Chase, the Prudential Foundation, the Rockefeller Foundation and the WK Kellogg Foundation. . The fundamental changes to the tax code included in the American Rescue Plan Act of 2021 (ARPA) present […]

Financial security

Generation Z: investing for financial security and social justice

America’s Generation Z, born after 1995, now makes up 20% of the population and a rapidly growing share of the workforce. These young people are graduating from school and into adulthood with $115.5 billion in student debt and a cost of living that exceeds wages in many areas, following a pandemic that has highlights economic […]

Financial security

Elite universities face a tightrope between integrity and financial security

The University of Cambridge has been criticized for a collaborative project with the United Arab Emirates (Photo credit: … [+] TOLGA AKMEN/AFP/Getty Images) Getty One of the world’s most prestigious universities has been embroiled in an academic integrity row over a $430 million donation from a regime known for its human rights abuses. And the […]

Financial plan

A well-thought-out financial plan leaves more money for retirement

Pay yourself first as part of your budgeting system. Twenty years ago this month, I made a substantial career change from journalism to the world of investing. I had just enough mindful money to make the switch, but far from having a thorough sense of personal finance, let alone the technicalities of managing investments. I […]

Financial security

DeFi Flash Loans Will Become The New Standard For Financial Security | Opinion

This column does not necessarily reflect the opinion of Benzinga’s editorial board. Flash Loans Flash Loans has been in decentralized finance for the past year – and has been in the news due to the number of exploits in vulnerable decentralized finance protocols, including margin bZx trading protocol. What are regular loans? There are two […]

Financial security

38% of Britons are worried about their financial security with more than a third less well-off

People in the UK are more than twice as likely to be financially worse off since the pandemic than better off, and many are looking to budget more carefully in the future, according to new research. Toluna’s “Understanding the Consumer 2021: Global Barometer” is a regular index that taps into a community panel of over […]

Financial security

Write your will to ensure your family’s financial security

The Covid-19 pandemic has shown how unpredictable death can be. The second wave in the past two months has proven to be even dangerous, with many deaths simply due to the lack of medical facilities, with health infrastructure completely overwhelmed. Thousands of families have been devastated by the impact of the coronavirus. The situation gets […]

Financial security

A series of bills aimed at improving retirement and financial security

U.S. Senator John Kennedy, R-Louisiana, introduced two retirement-related bills—the Keep your retirement law and the Law increasing the amount of the pension. The Keeping Your Retirement Act would increase the required minimum distribution age (RMD) from 72 to 75 for certain retirement accounts. The Setting Every Community Up for Retirement Enhancement Act (SECURE), passed in […]

Financial security

Industry Experts Discuss the Challenges Women Face in Achieving Financial Security

Women face unique challenges in achieving lifelong well-being and financial security. The COVID-19 pandemic has worsened the problem. Find out why and, more importantly, explore solutions to overcome the challenges during a special virtual discussion with industry experts, presented by the Wisconsin Department of Employee Trust Funds, June 24 from 12 p.m. to 1 p.m. […]

Financial security

From short-term financial well-being to long-term financial security

Financial well-being (FWB) is the extent to which an individual feels that their financial situation provides them with security, future stability, and freedom of choice. Recent research has helped to better define and understand FWB, and researchers find that income, education, and liquid savings all contribute positively to FWB levels. Understanding what factors are associated […]

Financial security

Financial Security of American Households During the Pandemic

Editor’s note: Read the latest news on how the coronavirus is rocking the markets and what investors can do to navigate it. The coronavirus pandemic has both profoundly altered our lives and become oddly routine. Many scholars from a variety of backgrounds have examined how this has shaped American household finances, providing empirical details of […]

Financial security

Contactless payments offer customers opportunities for financial security

Nick Maynard, senior vice president and Charvi Gandotra, senior innovation manager at the nonprofit Commonwealth, share their thoughts and insights on how the pandemic has really helped increase contactless payments. The events of the past year have dramatically changed the way we live and work, accelerating the adoption of technology to meet our changing needs […]