Submitted by GS Wealth Management on January 25th, 2015
Corporations are transferring pension liabilities to third parties. Where does this leave retirees?
A new phrase has made its way into the contemporary financial jargon: derisking. Anyone with assets in an old-school pension plan should know what that phrase signifies.
Submitted by GS Wealth Management on January 16th, 2015
How long will it last? Who wins & loses from it?
On the New York Mercantile Exchange, a barrel of light sweet crude is currently worth well under $60. Prices have dropped more than 25% in a month and almost 45% year-over-year. What is behind this freefall? How long will prices keep dropping, and who does this development hurt and benefit?1
