Advisor-only Webcast | Planning as the pandemic response evolves | July 9, 2020

Europe displays rare unity over relief fund

Putnam Perspectives

Europe displays rare unity over relief fund

Germany and France — in what some have claimed is a breakthrough — have proposed establishing a recovery fund for countries hit hardest by the coronavirus pandemic. European Union leaders plan to meet in July on a €750 billion initiative that would involve the issuance of common debt. It would be a significant step toward closer economic ties.

RMD waiver expanded for all investors in 2020

Wealth Management Ideas

RMD waiver expanded for all investors in 2020

The IRS released new guidance that expanded the RMD waiver for use by all investors in 2020.

REFINITIV LIPPER FUND AWARDS

George Putnam Balanced Fund (PGEJX) R6 shares

Best Fund over 3 years and 5 years

Mixed-Asset Target Allocation Moderate Funds category

Putnam Income Fund (PINHX) R6 shares

Best Fund over 3 years

Core Bonds Funds category


See press release

Capital Markets Outlook  |  Q2 2020

Markets wrestle with policy versus the pandemic

Markets wrestle with policy versus the pandemic

We are looking for progress in public health and credit market indicators as policy responds to the economic shock surrounding the pandemic and efforts to contain it.

More »

Equity Outlook  |  Fixed Income Outlook

Advisor Tech Tips

What are your peers’ best practices during the COVID-19 crisis?

What are your peers’ best practices during the COVID-19 crisis?

Four months into the COVID19 pandemic, social distancing and work-from-home have become routine for financial advisors and many of their clients. But it wasn’t always that way.

Headlines you need to know this week   —   July 7, 2020

Small-business loan program extended
Congress last week voted to extend the deadline for loan applications for the Paycheck Protection Program until August 8, 2020. The program, created by the CARES Act, provides loans to small businesses impacted by the pandemic. The loans include a provision for forgiveness if certain conditions are met. More than $130 billion is still available.
Pandemic impacts retirement planning
The coronavirus pandemic is exacerbating risks faced by the global retirement system, according to a recent study. Retirement systems are already under pressure due to longevity risk and an aging population. The economic downturn from the pandemic is making the situation worse, the study noted. Data indicate that workers will need 67% of current income in retirement and only 25% of those surveyed believe they are on track to meet that goal.
Studies examine impact of ESG on companies
Recent studies examined the impact of a company’s attention to environmental, social, and governance (ESG) issues on its workforce and performance. Research found that companies that score high in ESG metrics also have high levels of employee satisfaction and the ability to attract talented workers. A separate study found an increasing interest in ESG issues from shareholders and other stakeholders.

See what you missed last week

12 hours ago Putnam Investments

1 day ago Putnam Investments

2 days ago Putnam Investments

3 days ago Putnam Investments

4 days ago Putnam Investments

4 days ago Robert L. Reynolds

9 days ago Robert L. Reynolds

9 days ago Robert L. Reynolds

10 days ago Putnam Investments

10 days ago Robert L. Reynolds