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AIMCo Announces Appointment and Reappointment to Board of Directors

/PRNewswire/ - Alberta Investment Management Corporation (AIMCo) announces the appointment of Mr. Jim Keohane as a member of the board of directors for a term. ....

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House passes measure granting employees pension portability

BusinessWorld
May 28, 2021 | 12:03 am
THE HOUSE of Representatives sitting in plenary approved a bill proposing to make pensions portable as workers change employers and to introduce investment options for pension account holders.
In plenary session late Wednesday, legislators approved House Bill 9343 or the proposed Capital Market Development Act. The measure was elevated by Committee on Banks and Financial Intermediaries Chairman and Quirino Rep. Junie E. Cua to the floor on May 17.
“House Bill 9343 is approved on second reading,” Valenzuela Rep. Weslie T. Gatchalian, sitting as deputy speaker, said.
The proposed law seeks to broaden the capital markets by addressing deficiencies in the current pension system. The bill hopes to make pensions “fully-funded, portable, more actuarially fair, and stable.” ....

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Investment Product and Service Launches

T. Rowe Price announces fee reductions on TDFs and trusts; ICMA-RC details new updates to its managed accounts platform; Northern Trust updates workflow tool; and more. ....

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How Big Will The Raise For Social Security Recipients Be In 2022?

When you retire, Social Security will likely be a significant portion of your retirement income. How much will you Social Security benefit increase in 2022? ....

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You Can Keep Some Assets While Qualifying for Medicaid. Here's How

There are some tools you can use to avoid spending down all of your assets, and potentially impoverishing a spouse, while still meeting the qualifications for Medicaid. ....

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