Last week marked the third anniversary of the Covid-19 lockdown. If you blinked, you might have missed it.
We’ve all grown so accustomed to the “New Normal,” even though we don’t stand six feet apart anymore or wear masks everywhere or sanitize our groceries and deliveries.
The pandemic has become just another fact of life because this year, things are different. Most people are vaccinated. Fewer people are dying of Covid. Many offices and businesses have reopened. lt’s less common to see people wearing masks in public. Most people are traveling and going to shows and living their lives.
It’s testament to how resilient we are as a society and as a species. Though we’ve recovered much of what was lost three years ago, we’re forever changed by the Covid experience, for better or worse.
Even with the grand reopening, challenges remain. As author Liz Hoffman pointed out in an excellent interview with Gregg Greenberg, “You can’t turn off a global economy overnight and expect it to pick up where it left off.”
So even though we’re skipping a pandemic anniversary issue, the milestone isn’t passing completely unnoticed by InvestmentNews. The pandemic’s aftereffects are still regularly referred to in our daily coverage. Several stories in this week’s issue have a Covid angle. It’s still out there.
But we at InvestmentNews are a lively bunch; we adapt and evolve — though I’d like to think we haven’t mutated like the virus. So a firehose of stories about the aftermath of the pandemic just don’t seem warranted or necessary.
I believe we’ve rightsized our coverage of this anniversary at the right time.
Here’s to never having to do it again.
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income