The California Secure Choice Retirement Savings Program was established through legislation enacted in 2012 (Senate Bill (SB) 1234, Chapter 734). SB 1234 created the California Secure Choice Retirement Savings Trust to receive, invest and payout the retirement contributions of participating employees. The trust will be administered by the nine-member California Secure Choice Retirement Savings Investment Board.Continue Reading
New York City Comptroller Scott Stringer unveiled a new plan to regulate financial advisers, the first of its kind, that tries to protect the average investor from advisers who don’t have to put their clients’ best interests first.Continue Reading
The First Annual Manage Your Money Week was a huge success!
During the week of October 18-25, more than 135 financial education events took place around the state – with 59 cities in 29 counties having at least one event. Nearly two hundred organizations participated, which included state and local government agencies, non-profit organizations, unions, schools, libraries, and financial institutions. From Tehama to San Diego County, hundreds of Californians attended events and increased their financial and money management knowledge.Continue Reading