Oklahoma Judge Issues Permanent Injunction Against Oklahoma Treasurer

Oklahoma Judge Issues Permanent Injunction Against Oklahoma Treasurer

Last week, Oklahoma Judge Sheila Stinson permanently stopped the enforcement of the Oklahoma Energy Discrimination Elimination Act (EDEA). You can read coverage on it from OK Energy Today here. This is great news for Oklahoma retirees. It stops – pending an appeal – a law that could have cost the Oklahoma Public Employee Retirement System…

Financial Literacy and the Retirement Crisis for Underserved Communities

Financial Literacy and the Retirement Crisis for Underserved Communities

Building the financial foundation for a secure retirement is particularly hard for people in underserved communities and with lower incomes. It’s also tough for public employees who can’t get all of the components of the classic “three-legged stool” of retirement: personal savings, Social Security, and a pension. At a recent lunch briefing hosted by the…

Retirement is hard enough. Why add politics to it?

Retirement is hard enough. Why add politics to it?

Economists and business leaders are talking about inflation and recession. Political uncertainty is rising in anticipation of the presidential election in November. Investment experts are warily watching the future of Social Security, personal savings rates, and the shrinking number of workers with pensions. Most Americans – even those who think they’re properly prepared for retirement…

Indiana Politicians Choosing to Inject Politics over Retirement and Pensions

Indiana Politicians Choosing to Inject Politics over Retirement and Pensions

Indiana politicians have placed the first company on the state’s watchlist, BlackRock, tied to concerns over environmental, social or governance (ESG) commitments the company is alleged to have made.  And while the state Treasurer’s office has indicated there will likely be others, stating they were looking into “every company that’s eligible”,  being on the Indiana…

States are starting a very expensive culture war

States are starting a very expensive culture war

A growing pile of studies and analyses come to the same conclusion: State boycotts of banks and investment advisors are expensive for current and future retirees and taxpayers. Several states have created blacklists of financial advisors they accuse of considering environmental, social, and governance (ESG) factors when making decisions on oil and gas, firearms, and…

Experts: The retirement crisis is real

Experts: The retirement crisis is real

Their recommendations for solving America’s retirement issues vary, but investment, pension, and retirement experts speaking at the Milken Institute’s 2024 Global Conference last month agree the country faces a real crisis. That word — “crisis” — is how TIAA (Teachers Insurance and Annuity Association of America) president and CEO, Thasunda Brown Duckett, described the situation, as…

New study finds Texas voters don’t support political interference in state and local investments

New study finds Texas voters don’t support political interference in state and local investments

A new poll and research report from the group Unlocking America’s Future shows Texas voters have strong feelings on  elected officials interfering in how financial institutions invest money. The poll found that 83 percent agree that it is not the role of Texas government to tell private financial institutions how to invest their customer’s money….

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