Historically, financial advice has treated homes as a source of wealth. When you buy a house – common wisdom holds – you treat it as a financial asset that can accrue value and contribute to your retirement plan. But in reality, there are many problems with this advice. Home prices are slippery and unreliable, and maintaining […] The post Planning Your Retirement? Don’t Forget About Home Equity appeared first on SmartReads by SmartAsset.
Since the enactment of the Arbitration and Conciliation Act, 1996 (“Arbitration Act”), there has been an inception of various special legislations. Although, when a legislation provides for a .
A strong performance in financial markets, particularly an outsize gain for the stock market in 2021, helped entrench existing trends of wealth inequality during the pandemic, new data released this week show. According to a report from the New York Federal Reserve Bank, the real net worth of white individuals outgrew that of Black and Hispanic individuals by 30 percentage points and 9 percentage points respectively, from the first quarter of 2019 through the second quarter of 2023. The period featured a remarkable level of government financial support and, after the initial shock of the pandemic, a surprisingly strong job market.
According to market regulator Sebi, a primary factor contributing to the rise in unclaimed assets is incomplete nominations or unavailability of nominations. "This feeds into and impacts the consequent transmission process of the deceased/incapacitated holder of assets, making transmission an ordeal for (his/her) family."