Protecting Your Future: Biden’s New Rule to Regulate Retirement Advice
Financial Professionals Face New Retirement Advice Rule
Retired nurse Joyce Fleming cites rising costs as reason for returning to work.
The recent rule finalized by the Biden administration aims to regulate retirement advice provided by financial professionals, sparking backlash from Wall Street.
Labor Department Regulation Overview
The Labor Department’s new regulation seeks to ensure that financial advisers, brokers, and insurance agents prioritize their clients’ best interests. This rule expands the scope of when these professionals must act as fiduciaries, legally obligated to prioritize clients over personal gain.
Previously, advisers could recommend high-commission investments that may not be the most suitabl
Read the full story:
Protecting Your Future: Biden’s New Rule to Regulate Retirement Advice
Consistent Borrower Reward Extension – THE NEWS
Menu
Menu
Menu
Menu
Menu
Read the full story:
Orlen will pay a lower dividend. Daniel Obajtek: smile
#Orlen #pay #dividend #Daniel #Obajtek #smile
The Management Board of Orlen will propose to the Ordinary General Meeting of Shareholders that: from net profit for 2023 in the amount of PLN 21 billion 215 million 917 thousand PLN 147.93 to allocate PLN 4 billion 817 million 909 thousand PLN 503.35 for dividend payment. This means that the dividend would then amount to PLN 4.15 per share.
According to Orlen, the remaining amount from the net profit for 2023 in the amount of PLN 16 398 million 7 thousand. PLN 644.58, in accordance with the management board’s recommendation, would be allocated to the company’s supplementary capital.
Additionally, it was
Read the full story:
Tozzi Green repairs damage caused by installation work
The CEO of Tozzi Green, Davide Giachero (left), during a meeting with the beneficiaries of the compensation measure. |
The Tozzi Green company is taking steps to compensate and repair direct and indirect damage caused by the construction of the Farahatsana hydroelectric power station (HPP) and its facilities. The results of the rehabilitation work carried out were presented yesterday to Mahitsy
Read the full story:
The French-speaking unions Bpost are firmly opposed and do not want AMP to distribute the newspapers
The new consultations between unions and Bpost management have not resolved anything. The French-speaking unions are obstructionist, but seem to create a small opening. Their demand remains that only postal workers distribute newspapers.
The consultation between unions and Bpost management will enter its third day on Thursday. Attempts to end the rotation strike in Wallonia have so far failed. The main obstacle remains the contract with the newspapers. The French-speaking unions reject Bpost’s plan to gradually entrust the distribution of newspapers to its subsidiary AMP and no longer to the postman.
Dutch-speaking unions could live with this scenario, French-speaking unions say they only want to talk about efficiency gains at Bpost on the condition that Bpost shelves the AMP plan. However, Bpost wants to be able to offer more competitive prices to publishers through AMP by having newspapers delivered by its subsidiary AMP via subcontractors.
Discussions on how to proceed with the newspaper contract will resume on Thursday. It is clear that publishers expect Bpost to charge acceptable distribution rates.
Bpost wants to make the transition from newspaper distribution to AMP in phases, with 2026 as the end date. Dutch-speaking unions had previously sai
Read the full story:
The French-speaking unions Bpost are firmly opposed and do not want AMP to distribute the newspapers
Financial Supervisory Service Implements Best Practices for Internal Control in Female Companies
The Financial Supervisory Service implements best practices for the internal control of female companies
(Seoul = Yonhap Infomax) Reporter Park Hyeong-gyu = The Financial Supervisory Service will establish and implement exemplary standards for internal control in the financial industry specializing in credit. After the publication of the women’s companies’ internal control improvement plan in November last year, the internal control standards of all women’s companies were reorganized.
The Financial Supervisory Service announced on the 25th that it has completed the enactment and review of four best practices, including ‘standard internal control standards’, to prevent financial accidents in all industries and will implement them. Each standard includes content such as establishing internal control standards, improving used car finance sales practices, strengthening the management of related companies, and strengthening the compliance monitoring system.
The ‘Standard Internal Control Standards’, established to ensure compliance with corporate governance l
Read the full story:
Financial Supervisory Service Implements Best Practices for Internal Control in Female Companies
Getir and Flink: What’s next for the delivery startup market?
Which players remain in the delivery market? Getty Images/Luis Alvarez
The hopes for the super-fast delivery services were gigantic – as were the investors’ investments. The crash is even harder. A final major retreat is probably imminent. Then there is only one player left in Germany. And he’s not a winner.
Getir could withdraw from all markets except Turkey as early as mid-May. This emerges from research by Business Insider Germany. The Mubadala fund from Abu Dabi no lo
Read the full story:
Getir and Flink: What’s next for the delivery startup market?
Furniture manufacturer Hülsta from North Rhine-Westphalia insolvent: hundreds of jobs at risk
– 2024-04-24 20:00:44
Consumers are currently much more cautious when purchasing furniture. Now a German manufacturer is threatened with extinction.
The ailing furniture manufacturer Hülsta is on the verge of collapse. The employees were informed at a meeting “that with the opening of insolvency proceedings on June 1st there is a risk of operations being suspended,” the provisional insolvency administrator, Christoph Morgen, told the German Press Agency on Tuesday. Until then, all existing customer orders
Read the full story:
Ministry of Energy and Mineral Resources Offers Free Electric Motorcycle Conversion to Community
Wednesday, 24 April 2024 – 21:31 WIB
Jakarta, 24 April 2024 – Ministry of Energy and Mineral Resources (EMR) finally delivers conversion motor free or free electricity to the community. This cannot be separated from the lack of enthusiasts who want to switch to conventional motorcycles electric motor.
“Ministry of Energy and Mineral Resources “We are currently inviting two-wheeler motorcycle owners to access the ESDM website, later we will make it free,” said the Director General of New Energy, Renewable Energy and Energy Conservation (Dirjen EBTKE) Eniya Listiani Dewi, who was appointed. VIVA AutomotiveWednesday 24 April 2024.
“This is an effort to ensure that motorcycles that are moving on the roads do not have emissions. At least that way,” he said.
VIVA Automotive: A converted electric motorcycle
People interested in converting electric motorcycles can access the site ebtke.esdm.go.id/konversi. On this site you will find out workshop– a workshop certified by the Ministry of Energy and Mineral Resources.
Previously, this conversion had provided a subsidy of IDR 10 million. Eniy
Read the full story:
Ministry of Energy and Mineral Resources Offers Free Electric Motorcycle Conversion to Community
Pnrr, the Santa Lucia Ircss Foundation receives funding for 11 projects
The Santa Lucia IRCCS Foundation has obtained funding for a total of 11 projects, through funds from the 2023 National Recovery and Resilience Plan (PNRR) of the Ministry of Health. The Italian center will receive resources for a total amount of over 10 million euros. The Roman hospital will be the leader in 7 of the 11 approved projects, while in 4 it will have the role of operational unit.
Excellence in neuroscience
All 11 projects are declinations of the vast field of neuroscience, a research field that sees the Santa Lucia Foundation in first place among the Italian IRCCS. From the study of the gut-brain axis through the microbiota, in a project coordinated by prof. Daniele Caprioli, up to the field of non-invasive brain-computer interfaces, a technology in which the Santa Lucia IRCCS has been a pioneer for over 20 years thanks to the work of Dr. Donatella Mattia, win
Read the full story:
Pnrr, the Santa Lucia Ircss Foundation receives funding for 11 projects