OECD Sees Synchronized Momentum for Global Economy, But Urges Further Policy Action To Ensure Sustainable And Inclusive Medium-Term Growth The world economy has picked up momentum as expanding investment, employment, and trade support has synchronized growth across most countries, according to the OECD’s latest Interim Economic Outlook. The pace of expansion is projected to be faster in 2017 than in 2016, with a further uptick expected in 2018, but

AIA Group has reached an agreement with the Commonwealth Bank of Australia (CBA) to acquire CommInsure Life and Sovereign, CBA’s life insurance business in Australia and life and health insurance businesses in New Zealand. In addition, AIA will enter into 20-year strategic bancassurance partnerships with CBA in Australia and ASB Bank in New Zealand. The gross consideration to be paid with respect to the transaction is AUD3,800 million (which

The Nationwide Retirement Institute Consumer Social Security PR Study, released in August 2017 and conducted by Harris Poll, reveals a discouraging outlook for many Americans when it comes to retirement and Social Security benefits. According to the survey, only 21 percent of future retirees say life in retirement will be better, and 28 percent of recent retirees say life is worse in retirement. Retirees who say life is worse

The U.S. uninsured population is expected to decrease to 26.9 million individuals in 2021, according to a report recently released by Freedonia Focus Reports and titled Healthcare Insurance: United States. Factors contributing to the decline include continued improvements in the labor market, which helps individuals gain private coverage; uninsured persons reaching the age of 65 and qualifying for Medicare; continued gains in Medicaid enrollment; and some gains in the