Category Archives: Uncategorized

Retirement Plan Trustee? Read this!

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SUMMARY-  Duke University may be liable:  they used multiple administrators, raising costs.  They had 400 investment options, limiting their ability to lower costs.  The Prudent Man rule comes into play again, and they failed to replace historically poor performing investments. – Reeve

While several claims were dismissed, several were allowed to move forward.

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Weekly Economic Forecast

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New York Small Group Rate Increases

new york small group rate increase with arrow climbing bar graph

We are starting to get a look at small group rate increase filings in New York.  Note that these are only what was applied for – typically, New York State knocks these increases down.  We will find out the approved increases mid-summer.

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ObamaCare has increased rates by 105%

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An article in FoxNews on May 23 reports that premiums on exchanges for individuals rose 105 percent (on average) since 2013.  

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Weekly Economic Forecast

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Reeve Conover is a Registered Representative. Securities offered through Cambridge Investment Research, Inc., a Broker/dealer member FINRA/SPIC. Cambridge and Conover Consulting are not affiliated. Licensed in SC, NC, NY, CT, NJ, and CA.
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