A third (30%) of over 60s do not expect to pay for later life care costs, according to a new report. Two in five of the 2,000 over 60s surveyed never expect to pay for the care of a loved one. Over a quarter (27%) of those surveyed by Canada Life said they do not […]
Archives for 2022
Why Tax-Loss Harvesting During Down Markets Isn’t Always A Good Idea
During market downturns, tax-loss harvesting is often considered a ‘silver lining’ to an otherwise undesirable situation. In theory, the strategy allows investors to convert their capital losses into a tax deduction while staying invested so they can benefit when markets recover – ostensibly a win-win for the investor and, consequently, a popular strategy for advisors […]
Limited Liability: A Shield for Your Business
Running a business is always a risk. The risk of a lawsuit or bankruptcy can scare many would-be business owners before they even get started. These risks don’t have to affect you personally, but they may depending on how you structure your business. Limited liability protects an individual’s assets in the case of a lawsuit […]
Getting serious with clients about long-term care insurance
Two in five pull back on savings as cost-of-living rise bites
Over two in five (42%) of UK adults have reduced or stopped regular savings due to the increase in the cost of living, according to a new report. A third (33%) of 2,000 people surveyed by Wealth at Work said they regularly cut back on spending to make sure they add to their savings. Half […]
#FA Success Ep 289: Coming Together As A Partnership To Serve Your Collective Community, With Kamila Elliott
Welcome back to the 289th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Kamila Elliott. Kamila is the CEO and Founder of Collective Wealth Partners, an independent RIA based in Atlanta, Georgia, that oversees nearly $25 million in assets under management for almost 175 client households. What’s unique about Kamila, […]
Leveraged ETFs betting against US stocks draw in $1.4 Billion
FCA halts new contributions at troubled Hartley Pensions
The FCA has banned troubled SIPP provider Hartley Pensions Limited from accepting new pension contributions. The FCA intervened this afternoon at Hartley’s request as the firm struggles to deal with a number of “issues.” Hartley requested the FCA to impose restrictions preventing it from accepting ongoing contributions into the SIPPs and SASSs administered by it. […]
3 Aspects Of Identity Covering And How It Impacts Advisors’ Happiness At Work
Financial advisors are often responsible for working with a wide range of individuals, both among their client base and coworkers, who each have their own personality, beliefs, and style of communication. While it can be rewarding to build a large breadth of relationships, it can also be challenging to appeal to and feel accepted by […]