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March 2, 2023
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Category: Editors Choice
Haven Life and Kinly Partner to Make Term Life Insurance More Accessible to Black Americans
Haven Life, the customer-centric life insurance agency backed and wholly owned by Massachusetts Mutual Life Insurance Company (MassMutual), and Kinly are announcing a new partnership to make term life insurance more accessible to Black Americans. Through this partnership, Haven Term and Haven Simple term life insurance products will be available on the Kinly mobile application
August 14, 2022
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Prudential, OneAmerica Launch Efforts to Address Racial Disparities in Wealth | ThinkAdvisor
What You Need to Know PGIM, an arm of Prudential, has hired Tim Woods to launch an HBCU Strategic Initiatives unit. The PGIM unit will help set up student-run investment funds at HBCUs. The programs and other personal finance education efforts aimed at college students could convince Gen Z consumers that saving and investing are
August 14, 2022
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How Black Women Can Overcome Barriers to Building Wealth
Having a financial advisor is an important step. Educating yourself about the stock market and retirement plans is also critical. But your work is not quite done with either of these things. “One of the best ways for Black women to actively build wealth is to start understanding all of the ways that you can
August 14, 2022
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Black personal finance influencers are making financial freedom a focus this Juneteenth
Troy Millings, left, and Rashad Bilal of Earn Your Leisure Source: Earn Your Leisure Social influencers focused on financial education for the Black community are emphasizing a message of financial freedom this Juneteenth as the nation commemorates the end of slavery in the United States. “I definitely feel the Juneteenth remembrance should have a level
August 14, 2022
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Juneteenth: Why financial literacy needs to be part of the holiday celebration
Brock Harrell, of Galveston, rings a bell during a reenactment to celebrate Juneteenth, which commemorates the end of slavery in Texas, two years after the 1863 Emancipation Proclamation freed slaves elsewhere in the United States, in Galveston, Texas, June 19, 2021. Callaghan O’Hare | Reuters Financially focused podcast Earn Your Leisure is aiming to normalize
August 14, 2022
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Editors Choice
As Insurance Industry Increases Minority Hiring, Exit Rate Also Increases
Source: https://insurancenewsnet.com/innarticle/as-insurance-industry-increases-minority-hiring-exit-rate-also-increases Efforts by the insurance industry to increase representation of Black and other minorities within its ranks have taken on characteristics of the Voynich manuscript, a mysterious unbreakable code. One the one hand, the hiring rate of Black employees in the insurance business is double that of other employee groups. But at the same
June 22, 2022
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Editors Choice
OneAmerica Commits $1 Million Toward Financial Literacy
Source: https://insurancenewsnet.com/press-releases/oneamerica-commits-1-million-toward-financial-literacy Educational program launches to empower Central Indiana youth & adults with financial knowledge INDIANAPOLIS ─ (May 16, 2022) ─ OneAmerica® today announced a $1 million commitment to activate a uniquely tailored financial literacy program in Central Indiana. In collaboration with The American College of Financial Services, the program will offer practical financial understanding to build
June 22, 2022
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Editors Choice
Insurance industry’s diversity scores show modest improvements
Source: https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/insurance-industry-s-diversity-scores-show-modest-improvements-70267950 U.S. insurance companies are making strides toward the goal of becoming more diverse, aided by a growing conviction that such steps can help boost company performance. In addition to posting a year-over-year increase in its S&P Global gender diversity score, the insurance industry’s workforce also became more racially diverse in 2021, according to
June 22, 2022
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Editors Choice
Raymond James Ramps Up Diversity Efforts After Pandemic Lull
aymond James Financial continues to be committed to improving diversity at the company and the financial services industry overall despite recent challenges that included the COVID-19 pandemic somewhat stalling its mentorship efforts, according to Paul Reilly, the firm’s CEO. The firm started recruiting people of color, women and other potential candidates for the Raymond James
June 22, 2022
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Editors Choice
Black business leaders: How to build wealth and career success
In celebration of Black History Month, CNBC Invest in You is featuring weekly stories from CNBC contributors and members of the Financial Wellness Council, including the lessons they’ve learned growing up, their advice to Black youth, their sources of inspiration and how they are working to close the racial wealth gap. As protests swept through the nation
April 3, 2022
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