U.S. households over age 55 control 74% of investable assets, but their retirement status has little to do with their asset levels, according to a new report.
These days, it can take years before young adults are able to pay their own way. However, some money moves may speed up the process.
Decrypt | Alyssa Hertig | Jun 26, 2023 Nodeless, a new revolutionary platform in the Bitcoin ecosystem, is making waves for its innovative approach to facilitating transactions on the Bitcoin Lightning Network enabling merchants to accept Bitcoin payments in a seamless manner, distinguishing itself as a non-KYC service that prioritizes privacy and efficiency. Canadian fintech
FCAC | Jun 5, 2023 FCAC contracted the services of Advanis to conduct POR, between May 16 and June 28, 2022, into Canadians' awareness and understanding of open banking and financial technology or fintech services. The goal of this research was to help FCAC better understand the knowledge, perceptions, habits, concerns, and consumer protection expectations
As worried about climate change as you might be, it can be tricky if not impossible for you to consider the environment in your 401(k) plan. Here's why.
Mercury | Jun 23, 2023 A successful pivot is more than a simple course correction—it is a profound transformation that requires careful consideration, resolute decision-making, and the ability to adapt to new circumstances while staying true to the company's mission and values. How do you know when it’s time to pivot? Recognizing the time to
Social Security prioritized phone services after the onset of Covid-19. But outdated technology and other glitches led to disruptions, a report finds.
The Supreme Court will soon hear a case that could have broad effects on the U.S. tax code, including future wealth tax proposals.
June 27, 2023 Running a business can be a stressful task as there is so much that needs to be done. Being a team leader or business owner also means that you’re surrounded by paperwork and important documents, which can get in the way of the main tasks of the day. Not all of these
Social Security changes enacted in 1983 were prompted by a commission. Today, experts are divided as to whether a similar tactic should be used.
CAIS | Release | Jun 21, 2023 The recent market volatility, interest rate hikes, and a diminishing confidence in public markets have led to an increased demand for alternative investments. Alternative assets are projected to constitute up to 24% of the global investable market by 2025, a significant increase from 12% in 2018. In a
OBSI | June 26, 2023 The Ombudsman for Banking Services and Investments (OBSI) today announced the changes to its organizational governance following its public consultation on governance from November 1, 2022 to January 31, 2023. OBSI Governance Restructuring: The Ombudsman for Banking Services and Investments (OBSI) has announced significant changes to its organizational governance following
Deloitte | Jun 27, 2023 The new digital frontier. Banks and fintechs need to adapt to the changing landscape, offering immersive virtual services alongside traditional banking. What is the metaverse opportunity for financial services? The Metaverse presents a significant opportunity for banks to engage with customers in new and immersive ways. This includes the potential
In recent years, a remarkable and long-overdue transformation has been taking place in the startup ecosystem: the rise of female founders. Women entrepreneurs are breaking through barriers, shattering glass ceilings, and making their mark in industries traditionally dominated by men. … Continue reading
There are two broad categories of life insurance: term and permanent. Most people buy the latter, data shows, which doesn't jibe with advisors' suggestion.