With Sept. 15 tax filing deadlines looming, some tax practitioners have expressed concerns that they will not be able to meet those deadlines for a variety of reasons related to the global pandemic. Issues mentioned by AICPA members range from the extra time spent with economically challenged clients; to unexpected deadlines due to assisting with […]
Archives for September 2020
Editor’s Column: Poignant reminder of why planning matters
We’ve just published the latest issue of Financial Planning Today magazine, the sister publication to Financial Planning Today website. It contains some excellent features and content as ever but one poignant article in the magazine, a case study, reminded me of just how crucial Financial Planning can be. The Planner Casebook is written by experienced […]
Why Markets Crash in the Fall
The new episode of my podcast went up this morning. You can listen to it here on Apple, Google or Spotify. Or just play it below: This week I get into why it is that market watchers get extra cautious around the September – October period each year, and why this past week’s major selloff […]
NEW: Latest Financial Planning Today Magazine out now
The latest edition of Financial Planning Today Magazine is out and includes an exclusive Cover Feature on how Financial Planning professionals are leaping the hurdles created by the pandemic. Leading Financial Planners share their growth stories and insider tips on staying ahead of the challenges caused by the pandemic. Other highlights include: • Paraplanners share their working from home ‘highs […]
The secret to more tax-efficient Roth IRA conversions
When it comes to retirement accounts and taxes, the question isn’t so much whether income tax will need to be paid, but rather, when income tax will need to be paid. Accordingly, solid tax planning generally means trying to accelerate the taxation of income that would otherwise be taxable in future years into the current […]
Annuity failings cost providers £135m – FCA
More than 32,000 pension savers have received £135m in compensation from providers who failed to inform them about enhanced annuity options, the FCA has revealed in its Annual Report and Accounts. A total of £135m has been paid so far to 32,500 customers of Standard Life and Prudential, the FCA said. Last year the regulator […]
Treasury yields edge lower as investors examine data, equity sell-off
U.S. government debt prices were higher Friday morning as investors monitored an array of economic data, along with the Senate blockage of a slimmed-down coronavirus relief bill and further volatility in equity markets. At around 4 a.m. ET, the yield on the benchmark 10-year Treasury note was slightly lower at 0.6805% and the yield on the 30-year Treasury bond was down […]
Treasury yields edge lower as investors examine data, equity sell-off
U.S. government debt prices were higher Friday morning as investors monitored an array of economic data, along with the Senate blockage of a slimmed-down coronavirus relief bill and further volatility in equity markets. At around 4 a.m. ET, the yield on the benchmark 10-year Treasury note was slightly lower at 0.6805% and the yield on the 30-year Treasury bond was down […]
What does Mukesh Ambani eke out from each of his new investors? Less than $2 a month
By Andy Mukherjee Mukesh Ambani has joined the league of world’s richest with the help of a simple formula: assembling admirers for $2 businesses. First he got Facebook and Google to back his fledgling digital ambitions, and now he may be trying to entice Amazon into his retail venture, already India’s largest. In four years, […]
What does Mukesh Ambani eke out from each of his new investors? Less than $2 a month
By Andy Mukherjee Mukesh Ambani has joined the league of world’s richest with the help of a simple formula: assembling admirers for $2 businesses. First he got Facebook and Google to back his fledgling digital ambitions, and now he may be trying to entice Amazon into his retail venture, already India’s largest. In four years, […]