Author: Jordan

Why the DOL’s alts proposal could shift 401(k) conversation around fees Pensions & Investments Source link

The Renters’ Rights Act went live in May, ending no-fault evictions and shifting tenancies to rolling contracts.The reforms also ban landlords from requesting more than one month of rental payment upfront.The one month advance payment can only be paid once a tenancy agreement is signed. Try 6 free issues of MoneyWeek today Get unparalleled financial insight, analysis and expert opinion you can profit from. Start your trial Sign up to Money Morning Don’t miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter Don’t miss the latest investment and personal finances news,…

9:43 AM, 11th June 2026, 9 hours ago Since Section 21 was abolished on 1 May 2026, there have been huge increases in the number of landlords searching for information about evicting tenants using Section 8. Many have convinced themselves they only have two options: keep the property and hope things improve, or evict the tenant before trying to sell, but the problem is that neither option is necessarily as straightforward as it first appears. The “I’ll just wait until the tenant leaves” strategy can be risky A surprising number of landlords are effectively doing nothing, they’re concerned about compliance…

The government has proposed withdrawing source tax on the import of 60 essential commodities, aiming to improve the standard of living of every individual and family in the country.The proposal is to reduce the source tax rate on various agricultural and consumer products, including paddy, rice, wheat, potatoes, vegetables, ducks and chickens, fish, onions, garlic, ginger, salt, sugar, edible oil, and seeds — from the existing rates of 5 percent, 2 percent, or 1 percent to 0.5 percent.In recent years, the unchecked rise in commodity prices has caused significant hardship in people’s lives. In line with the government’s electoral commitment,…

The US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), jointly with the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC) and the National Credit Union Administration (NCUA) (collectively, the Agencies), in coordination with the Internal Revenue Service (IRS), has issued Advisory FIN-2026-A002 (the Joint Advisory) to advise financial institutions to be vigilant against fraud schemes and other suspicious or potentially criminal activities related to the unlawful employment of people without legal work authorization. The Joint Advisory was issued pursuant to Executive Order 14406, “Restoring Integrity to America’s Financial System,” issued on May 19, 2026,…

© Summit Art Creations / Shutterstock.com Whenever the Nasdaq 100 slides more than 4% in a single day, as it did on Friday, it can feel like the stock market is crashing. Undoubtedly, it’s never fun when stocks experience their worst days in some number of months or even years. After all, historic stock market crashes tend to happen shortly after all is well, and the market is at or close to making new all-time highs (think the 2020 COVID market meltdown). But, as a long-term investor, you probably won’t be all too thrilled with your results if you flinch…

Rates on both HELOCs and home equity loans rose throughout most of May, except for rates one month ago, according to data from Curinos. Right now, the average home equity rate is 7.86%, and the average HELOC rate is 7.25%. One month previously, the average home equity rate was 7.36%, and the average HELOC rate was 7.19%, both matching their 2026 lows. Learn more: How HELOC and home equity loan rates work and what you can expect to pay HELOC and home equity loan rates: Thursday, June 11, 2026 According to real estate analytics firm Curinos, the average adjustable-rate HELOC is 7.25%,…

The JSE has lifted its suspension of trading in Wesizwe Platinum shares after the group provided financial statements for the last two financial years. Trading was suspended a year ago due to the company’s failure to publish audited financial statements for the year to December 2024. Wesizwe has now published its 2024 and 2025 financial statements, prompting the JSE to lift the suspension. The shares nearly doubled from 45c pre-suspension to 83c by late afternoon on Thursday. ADVERTISEMENT CONTINUE READING BELOW For the 2025 financial year, the group reported an after-tax profit of R159.6 million (compared with a loss of…

12:02 AM, 11th May 2026, 1 month ago Hinckley & Rugby for Intermediaries has launched new buy to let (BTL) products up to 80% loan-to-value. The mutual has introduced two-year discounted products for landlord borrowers buying or refinancing, with rates starting from 4.99%. The lender says the higher LTV range gives brokers more options in a section of the market where choice has been more limited, particularly for landlords using limited company structures. Alongside the launch, Hinckley & Rugby has cut the rate on its limited company BTL two-year discounted product at 70% LTV by 0.4%, taking it from 5.40%…

Gwyneth Paltrow is facing a wave of online criticism after appearing in a television commercial for 51 Park, a luxury residential development in Herzliya, Israel. The Oscar-winning actress, who grew up in an interfaith Jewish-Christian family, stars in the ad — produced by Tel Aviv-based agency Why Worry and filmed in New York — for the project developed by Israeli real estate firm Aviv Melisron. The two-tower, 51-story complex sits adjacent to Herzliya Park, with penthouses reportedly priced at around $10 million. In the spot, Ms. Paltrow wakes up in a high-rise apartment, complains about early mornings and heads out…