High net worth (HNW) savers are underestimating the amount of money they need to save for a comfortable retirement by around £300,000, according to a new report. HNW savers expect to need a pension pot of £539,000 on average to achieve a comfortable retirement, according to research by wealth manager and Financial Planning firm Saltus. […]
Archives for 2022
What Exactly Is an Error of Omission? Getting to Know This Common Accounting Mistake
Your business lives and dies by your ability to buy and sell products on a competitive margin. But, you may take for granted why bookkeeping is important to the health of your business. Several mistakes—like errors of omission—can get in the way of keeping accurate books Inaccurate financial records make measuring profitability and filing small […]
A few easy ways to support charities in your business (and get a tax benefit too)
Embracing charity in your business is not only an altruistic endeavour, which benefits society, there are also tax incentives in doing so. In such a win/win scenario, it’s hard to conjure a reason why you wouldn’t be wanting to give back to worthy causes in whatever capacity you can. But it’s wise to give serious […]
Advisor Group’s second big deal is largest of the year in its channel
UHNW investors stepping into SME investment
Ultra-high-net-worth (UHNW) investors are stepping into investing into SME firms through private equity via single-family office vehicles, according to a new report. The number of single-family offices has risen over 40% since 2008, according to investment bank JPIN. Whilst institutional investors are stepping back from direct private equity allocations, private investors are filling the gap […]
UHNW investors stepping into SME investment
Ultra-high-net-worth (UHNW) investors are stepping into investing into SME firms through private equity via single-family office vehicles, according to a new report. The number of single-family offices has risen over 40% since 2008, according to investment bank JPIN. Whilst institutional investors are stepping back from direct private equity allocations, private investors are filling the gap […]
When Roth Conversions Go ‘On Sale’: Discounted Roth Conversions During A Bear Market Decline
Bear markets can be stressful for both financial advisors and their clients – particularly for those clients who are near retirement or have recently retired and are therefore especially susceptible to sequence-of-return risk, as a market downturn in the first decade of retirement can negatively impact a retiree’s sustainable spending rates. At the same time, […]
When Roth Conversions Go ‘On Sale’: Discounted Roth Conversions During A Bear Market Decline
Bear markets can be stressful for both financial advisors and their clients – particularly for those clients who are near retirement or have recently retired and are therefore especially susceptible to sequence-of-return risk, as a market downturn in the first decade of retirement can negatively impact a retiree’s sustainable spending rates. At the same time, […]
Fidelity brings DIY direct indexing to the investing masses
How to Choose the Right Accounting Software for Your Business
Maybe you’re thinking about buying accounting software for the first time. Or, you’re finally ready to switch software providers. At some point, you may wonder how to choose accounting software. There are so many options out there that even knowing where to get started selecting the right accounting software can feel impossible. This article will […]