Lost productivity from furloughed civil servants and decreased economic activity among businesses during the most recent partial government shutdown cost the U.S. economy at least $6 billion, according to S&P Global Ratings. So reports Reuters.
Emerging technology can help advisors weather fee compression by carving out fees for specific services, says Cetera President Adam Antoniades. So reports Financial Planning.
A host of insurers tried to weaken a proposed rule revision by New York state that would protect consumer from inappropriate sales practices involving retirement savings products. So reports Politico.